market history predicts forex trends
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DESCRIPTIONhttp://www.forexconspiracyreport.com/market-history-predicts-forex-trends/ Market History Predicts Forex Trends Technical traders rely on the fact that market history predicts Forex trends. Long ago in ancient Japan rice traders recognized price patterns and saw that certain patterns reliably predicted subsequent price action. They found that, to a degree, one did not need to understand or deal with fundamentals. One only needed to recognize and act on any of a variety of signals. These traders originated the Japanese candlestick system. This approach was the start of technical trading, which traders today use in Forex, stock, commodity, and options markets. As market history predicts Forex trends, traders can anticipate a Forex market reversal with the Doji signal or forecast uptrends with the Bullish engulfing signal from the Japanese candlestick arsenal of trading tools. Although there are many more examples of candlestick signals in which market history predicts Forex trends, we focus here on the Doji signal and the bullish engulfing signal. Japanese Candlesticks A Japanese candlestick is a rectangle superimposed on an equity price chart. The candle body is white if the equity closed up for the day and black if it closed down. The top and bottom of the rectangle, the body of the so called candle, are the opening or closing prices of the day depending on whether it was an up or down day. Lines, shadows, extending above and below the candle represent the extremes for trading for the day. Doji Signal The Doji candlestick has a very flat candle body with shadows of varying lengths. This means that the Forex pair that the candle represents opened and closed at nearly the same price. Although Japanese candlestick signals may comprise several candles the Doji signal is only one candlestick. The Doji signal tells us that the market is at a moment of indecision. The signal helps predict the turn of a trending market. It does not tell us much in flat market. Bullish Engulfing Signal To read more visit www.ForexConspiracyReport.com
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2. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/MARKET-HISTORY-PREDICTS-FOREX-TRENDS/Technical traders rely on the fact thatmarket history predicts Forex trends.Long ago in ancient Japan ricetraders recognized price patterns andsaw that certain patterns reliablypredicted subsequent price action. 3. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/MARKET-HISTORY-PREDICTS-FOREX-TRENDS/They found that, to a degree, one didnot need to understand or deal withfundamentals. One only needed torecognize and act on any of a varietyof signals. 4. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/MARKET-HISTORY-PREDICTS-FOREX-TRENDS/These traders originated theJapanese candlestick system. Thisapproach was the start of technicaltrading, which traders today use inForex, stock, commodity, and optionsmarkets. 5. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/MARKET-HISTORY-PREDICTS-FOREX-TRENDS/As market history predicts Forextrends, traders can anticipate a Forexmarket reversal with the Doji signal orforecast uptrends with the Bullishengulfing signal from the Japanesecandlestick arsenal of trading tools. 6. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/MARKET-HISTORY-PREDICTS-FOREX-TRENDS/Although there are many moreexamples of candlestick signals inwhich market history predicts Forextrends, we focus here on the Dojisignal and the bullish engulfing signal. 7. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/MARKET-HISTORY-PREDICTS-FOREX-TRENDS/Japanese Candlesticks 8. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/MARKET-HISTORY-PREDICTS-FOREX-TRENDS/A Japanese candlestick is a rectanglesuperimposed on an equity pricechart. The candle body is white if theequity closed up for the day and blackif it closed down. 9. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/MARKET-HISTORY-PREDICTS-FOREX-TRENDS/The top and bottom of the rectangle,the body of the so called candle, arethe opening or closing prices of theday depending on whether it was anup or down day. 10. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/MARKET-HISTORY-PREDICTS-FOREX-TRENDS/Lines, shadows, extending above andbelow the candle represent theextremes for trading for the day. 11. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/MARKET-HISTORY-PREDICTS-FOREX-TRENDS/Doji Signal 12. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/MARKET-HISTORY-PREDICTS-FOREX-TRENDS/The Doji candlestick has a very flatcandle body with shadows of varyinglengths. This means that the Forexpair that the candle representsopened and closed at nearly thesame price. 13. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/MARKET-HISTORY-PREDICTS-FOREX-TRENDS/Although Japanese candlesticksignals may comprise several candlesthe Doji signal is only one candlestick.The Doji signal tells us that themarket is at a moment of indecision. 14. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/MARKET-HISTORY-PREDICTS-FOREX-TRENDS/The signal helps predict the turn of atrending market. It does not tell usmuch in flat market. 15. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/MARKET-HISTORY-PREDICTS-FOREX-TRENDS/Bullish Engulfing Signal 16. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/MARKET-HISTORY-PREDICTS-FOREX-TRENDS/This signal is a pair of candlesticksthat appears at the end of a defineddowntrend. The first of the candles isthe last of the downtrend, a blackcandle. 17. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/MARKET-HISTORY-PREDICTS-FOREX-TRENDS/The second candle of the pair is awhite candle as the trading day endshigher than it started. 18. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/MARKET-HISTORY-PREDICTS-FOREX-TRENDS/The second candle extends lowerthan the first and higher as well. 19. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/MARKET-HISTORY-PREDICTS-FOREX-TRENDS/This means that the currency inquestion gaps down at the start oftrading but that a strong market movetakes the currency price above theopening price of the previous day. 20. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/MARKET-HISTORY-PREDICTS-FOREX-TRENDS/This signal tells us that a bear markethas run its course and a bullishreversal is in the offing. Thisprediction is how market historypredicts Forex trends. 21. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/MARKET-HISTORY-PREDICTS-FOREX-TRENDS/One commonly does not need muchexcept a clear signal in this regard totrade to profits. This signal is seen inForex gap trading. 22. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/MARKET-HISTORY-PREDICTS-FOREX-TRENDS/A Note of Interest Regarding TheseTwo Signals 23. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/MARKET-HISTORY-PREDICTS-FOREX-TRENDS/Be aware of the Doji with seeking toread a bullish engulfing signal. Thevery flat Doji candlestick is commonlyengulfed by whatever went before orcomes after. 24. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/MARKET-HISTORY-PREDICTS-FOREX-TRENDS/As such it is important to look at theentire signal, the market pricespreceding the candlestick in question,and check out the following day forconfirmation before committing to thepattern. 25. For more useful information andinsights into trading foreigncurrencies, visitwww.ForexConspiracyReport.com.