2009 May 20 | Financial Discussions

How to Read Japanese Candlesticks

The most important thing to know about Japanese candlesticks is how to read them. Japanese Candlesticks usually come in two different colors. One color which represents an up day, and a second color which represents a down day. Most trading programs allow you to change the color of your bull and bear candles at will. [...]

Five Reasons to Use Japanese Candlesticks

1.Candlesticks do not lag behind like many indicators do. They give you up to the minute date about the financial instrument you are examining.
2.Candlesticks use patterns which are easy to spot if you know to spot them.Wise traders often take advantage of candlesticks in order to get in earlier on trades.
3.Candlesticks are a great money [...]

Five Fundamental Economic Questions

An updated version of this article can be found at my new blog HERE.
Every economic system has to answer the following five questions.
1.What does the economy produce? Whatever people are willing to buy.
2.How does the economy produce it? The most efficient/cheapest way.
3.Who gets the goods? Whoever wants it and can afford it.
4.How do we promote [...]

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How to Read Japanese Candlesticks

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Five Fundamental Economic Questions

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