Talk:Candlestick chart

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can u give a clearer explanation?

This looks like a particular chartist POV --Henrygb 12:07, 30 March 2006 (UTC)


Contents

[edit] Candlestick Inventor

I realized the article did not have the name of the man who invented candlestick graphing, Munehisa Homma. I found this odd, as he is almost worshipped by those that swear by the usage of graphing methods. I also think there needs to be an article in Wikipedia on Munehisa Homma, as he is a rather legendary figure in the world of market trading, especially in his native Japan. However, all I know of Munehisa Homma was that he was born in Sakata, and invevted the method as an ingenius tool of necessity to give him the edge in the rice market. Here are some sites that mention him, but I cannot find a full biography of the man, but the sites do include much more indepth and far better analysis on Candlesticks [1] [2] [3] [4] —Preceding unsigned comment added by User:Persianlor (talk • contribs)

Munehisa Homma has an article, though it does not mention Candlestick charts. You might want to add that information to that article yourself. Antonrojo 14:15, 27 May 2007 (UTC)


[edit] Candlestick Trading Example Link

I would like to add the following link on candlestick trading. It has some great live examples of candlestick charting at work. The dow jones chart example here is excellent. I'll put the link out there for everyones scrutiny. —Preceding unsigned comment added by 69.255.236.89 (talk) 04:25, 5 December 2007 (UTC)

[edit] Helpful Link

I'm putting the following link Candlestick Chart formations: Bullish/Bearish Engulfing, Gravestone/Dragonfly Doji, Morning/Evening Star, Piercing/Dark Cloud Cover up to scrutiny of others. Investigate the bottom links to the bullish/bearish engulfing pattern, dojis, dark cloud cover, morning/evening star links as well. The charts are helpful and the psychology is discussed as well as intra-day charts for some sections describing what is happening while the candlestick patterns are formed. Very educational, very applicable. See what you think. ThomasMark May 27

After quickly looking at the site, it looks like a good addition. The two main types of bad links are usually 1) links that duplicate information in other links or the the article and 2) links that present information in a biased way and 3) spam links. Related guidelines are at Wikipedia:External links. Antonrojo 14:20, 27 May 2007 (UTC)

[edit] data density

I quibble with the claim that a candlestick chart has "the ability to display five data points instead of one." I think the number should be "four": open, high, low, and close. Shading the body to tell whether the open is the top or bottom isn't adding data, it's the reason you can tell open from close. Without it, you'd have somewhere between three and four data points.

Jmichael ll (talk) 03:12, 17 November 2007 (UTC)