Overview Kagi charts are believed to have been created around the time that the Japanese stock market began trading in the 1870s. Kagi charts display a series of connecting vertical lines where the thickness and direction of the lines are dependent on the price action. The charts ignore the passage […]
Is there order in the markets? Are there definable chart formations that form the basic building blocks of price action? Yes, I believe there are, and I am happy to share them with you. I discovered them many years ago, over time and through the use of statistics. Three basic […]
By John H Forman III Abstract / Introduction: Even as you read this, the candlestick charting technique, with its origins in Japan, is being absorbed into the ways of Western technical analysis. Here’s how candlestick charting can be used for a typically Western technical analysis strategy.