Moonlightballroom

Japanese Candlestick charting came to be used in the rice trade in Japan centuries ago.  It is a method of price presentation which displays the psychology of the market in vivid detail as compared to the bar chart typically in use in the United States.  The Candlesticks display market psychology in a visuial form which is instantly understood and appreciated by the brain.  It is fast analysis, and clearly within the definition of technical analysis.  The Candlestick format of charting was introduced into the United States 30 or so years ago, and is rapidly climbing in popularity because of its ease of use and obvious superiority over the "old way."  In its tehnical analytical woirk, CandleWave, LLC uses Japanese Candlestick charting exclusively, becuse its applicability to calling reversals of major trend has no peer.