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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: KLP who wrote (7140)3/29/2005 8:03:17 PM
From: Vendit™  Read Replies (2) | Respond to of 8752
 
The tails are called shadows. The white area is called the “real body” Most of the day’s trading volume takes place in the real body. A few trades take place in the shadows.

Whenever you refer to the candle you always consider the shadow as part of the candlestick.

If you think about the above and then look at the shape of a candle, the shape and shadows tell you a storey about the trading session.

139.142.147.218

Plus the taller the candle body is means more trading volume which means bullish if the stick is white in color.

In the case of Jill's PD the stick is tall and black in color so this is bearish.

139.142.147.218

Reid