“A Candle Is Better Than a Bar Any Day”

Why not take one of your most favorite crafts, Candle Making and use it for an additional form of income. That's right, you can use Candle Making to bring in some additional income, just one way to make some extra money from home.

I have reviewed and compiled a series of articles regarding Candle Making that will help you with a variety of different aspects regarding candles. I love candles, they smell so good and create such a festive mood. Read through these Candle Articles and either enjoy your candles more or even consider making a little extra money with your candle making hobby!

Here is an unusual use of candlesticks: No guarantees on my part but by the way this book sells...something is working!

  1. Candlestick charting is by far the most revealing method of understanding the basic moves made each day the market opens. Whilst we have many reference books on candlestick charting, we have found our clients (students) are more comfortable with the ABC of Charting with Candlesticks

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There are various ways that stock prices are represented on charts.

The most common charts are what are known as:
• line
• bar
• candlestick.

Line charts are what you typically see on the TV or in newspapers. They represent price action by a single line.

They only show the closing prices of the stock and are of little use to traders. Because they don’t show what has happened during the day.

Bar charts represent both the open and close prices. In addition, they include the high and low of the day. These four prices are critical for your full analysis of a stock’s price action.

Candlestick charts show us all the price information of a bar chart but in a far more


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graphical and clear way.

The “story’ of the stock literally jumps out at you.

When we were first introduced to trading it was with bar charts. But when we discovered candlesticks a few years back we immediately saw the clarity and detail that they provided.

They may seem a little strange to you at first but do persevere. We can assure you that they are the only sort of chart to use!

And candlestick patterns, particularly reversal patterns are one of our favorite tools in chart analysis. Doji, shooting stars and inverted hammers may sound a bit weird at first but they are some of the best friends a trader can ever have!

So if you aren’t familiar with candlestick charts and patterns I

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would strongly suggest that you learn more, now.

And the VERY BEST explanation of candlesticks [apart from the SMG Tutorials of course!] is Louise Bedford’s “The Secret of Candlestick Charting”. It is on our booklist in: www.stockmarketgenie.com/resources
David Chandler www.StockMarketGenie.com Ordinary People Making Extraordinary Profits Our comments are offered for educational purposes only. We are not providing you with financial advice. We are simply sharing with you what has and hasn't worked for us personally. If you wish to trade or invest in the stock market you should obtain advice from a registered licensed advisor.

Source: Cyberxpress


I hope you enjoyed the article on Candles and Candle Making! Better yet, I hope you seriously explore the possibility of setting up your own Candle Making Business. It will be a lot of fun and give you some extra spending money.....who knows, maybe you'll give Martha Stewart some competition :)

Don't forget to check Liz's homepage for the latest art projects, you never know what you might find. She has wine glasses, window paintings, an old chair, an ebook on learning how to paint. Check out www.LizParat.com now !

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