Professional Documents
Culture Documents
Sexy Bodies
The longer the body is, the more intense the buying or selling
pressure. This means that either buyers or sellers were stronger and took
control.
Advertisement
Short bodies imply very little buying or selling activity. In trading lingo,
bulls mean buyers and bears mean sellers.
The longer the white candlestick, the further the close is above the open.
This indicates that prices increased considerably from open to close and
buyers were aggressive. In other words, the bulls were kicking the bears’
butts big time!
Advertisement
The longer the black Japanese candlestick, the further the close is below
the open.
This indicates that prices fell a great deal from the open and sellers were
aggressive. In other words, the bears were grabbing the bulls by their horns
and bodyslamming them.
Mysterious Shadows
No, we’re not talking about wearing dark smokey eye shadow.
Candlesticks with long shadows show that trading action occurred well past
the open and close.
Japanese candlesticks with short shadows indicate that most of the trading
action was confined near the open and close.
Advertisement
But for one reason or another, sellers came in and drove prices back
DOWN to end the session back near its open price.
But for one reason or another, buyers came in and drove prices back UP
to end the session back near its open price.
Upgrade to Babypips Premium! Unlock exclusive content that will help prepare you for the
upcoming trading week. Subscribe today and save 20% with an annual subscription!
Next Lesson
Basic Japanese Candlestick Patterns
Accepting losses is the most important single investment device to insure safety of capital.Gerald M. Loeb
Learn Forex
Forex Tools
MarketMilk™
Economic Calendar
RiskOn / RiskOff Meter
Position Size Calculator
"Back to Breakeven" Calculator
Pip Value Calculator
Pivot Point Calculator
Company
About
Contact
Advertise
Newsletter
Testimonials
FAQ
Subscribe
Babypips
Facebook
Instagram
Twitter
Babypips helps new traders learn about the forex and crypto markets without falling asleep.
We introduce people to the world of trading currencies, both fiat and crypto, through our nondrowsy educational content and tools.
We're also a community of traders that support each other on our daily trading journey.
Privacy Policy
Risk Disclosure
Terms of Use
Privacy Manager