Us Disclaimer Links Guest Corner LOG IN JOIN Candlesticks Candlestick charting is a method developed by the Japanese in the 1600 to help analyze the price of rice contracts. A single white candlestick body indicates that the opening price was at the bottom of the body of the candlestick. The closing price for the period displayed is the top of the candlestick body. If the candle has wicks on either end, the bottom wick represents the low prices traded during that period and the top wick indicates the high of the period. When a candle body is black, the opening price is the top of the candle body and the closing price is the bottom of the candle body and again if there are wicks, they represent intra-day highs and lows.
Candlesticks allow for a quick read on changes in supply and demand.
Using the critical day analysis with candlestick interpretation can help provide confirming evidence of trend reversal very early in the movement. Critical days are given to members three days before the critical day arrives. Advance warning of a potential trend reversal with our critical day research combined with an understanding of other market indications of changing supply and demand can open up to a world of trading opportunity. Critical Days on the graph below are shown with Blue and Red dots. The blue dots , above or below the price plot, indicate successful critical days.