Forex trading is hot and candlestick trading the forex markets is even hotter! I'm writing this article to review a brand new course that was released in July, 2008 called "The Forex Candlestick System". With thousands of online traders jumping into the forex markets, there has been an outcry for good solid information on candlestick charting the forex markets. Up until now only a few websites have featured information about the subject of candlestick trading forex and some even tell traders it can't be done. Well, it can be done and "The Forex Candlestick System" was written for the forex trader who wants to learn to profit using candlesticks.
As mentioned above, many traders are under the mistaken belief that candlestick reversal patterns can't be used in the forex market. This is because forex is a worldwide market that is open twenty-four hours a day and has no open or close throughout the week. With no break in trading, candlestick patterns just don't form the way they would in the stock or commodity markets with gaps up or down completing the two and three day patterns. The Forex Candlestick System shows the forex trading student a unique method of reading these patterns that are exclusive to the forex markets.
The Forex Candlestick System has no shortage of information. This course is not some small EBook that is so common with today's forex courses. The Forex Candlestick System contains three nicely illustrated EBooks that takes the student from the basic principles of candlestick trading the forex market to advanced methods of trading. It also includes some methods that you will only find in the forex market. The illustrations are all in color and you can tell that the publisher put a lot of time and research into the course.
One refreshing aspect of The Forex Candlestick System is its lack of trading indicators. The author of the course really believes in reading the chart, not indicators. He says in the course, "indicators are nothing more than mathematical algorithms of some sort of price movement. Why would you want to base your trades on an algorithm when you can learn to read the emotions of the market and learn to trade from what you see on the chart?"
The Forex Candlestick System won't teach you another trading system built on squiggly lines or moving average crossovers.
All in all I give The Forex Candlestick System a top rating and think it's the best deal on the web. There is a lot of information packed into the course and the price is right. If you are interested in learning to trade the forex markets with candlesticks then I suggest you download The Forex Candlestick System from the link below.
| Mark Jorgenson is an active forex trader and would like you to get more information about candlestick charting forex at: http://www.squidoo.com/forexcandlesticksystem |
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