Japanese Candlestick explained

What is it, what does it indicate, and how to use it? ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ [FBS&FCB&LCFC]( [Personal Area]( [Forex news and more]( Especially for you this week: 1. Japanese Candlesticks for newbies 2. Weekly economic calendar 3. Upcoming Cold Winter and Burning Energy Prices, What will Europe do? 4. Weekly outlook [Japanese Candlesticks: a guide for newbies]( ARTICLE Japanese Candlesticks: a guide for newbies Japanese people invented many useful tools, and one of them was especially helpful for traders centuries later. Meet a Japanese Candlestick used to describe the price action during the given timeframe. In this article, you’ll learn the essentials of Japanese Candlesticks and how to apply them to your trading routine. [Read now]( [Weekly Economic Calendar]( September 6, 07:30 MT time Australian Cash Rate If the actual hike is higher than expected, AUD will rise. [Trade AUDUSD, AUDJPY, EURAUD.]( September 7, 17:00 MT time Canadian Cash Rate If the actual hike is higher than expected, CAD will rise. [Trade CADJPY, USDCAD, EURCAD.]( September 8, 15:15 MT time EU Cash Rate If the actual hike is higher than expected, EUR will rise. [Trade EURUSD, EURJPY, EURCAD.]( [Check calendar]( * MetaTrader time (MT time) is the server time of the trading platform — MetaTrader. It’s the same as GMT+3. Check MT time at the top of the ‘Market Watch’ window or on the time axis of the price chart with the 1-minute timeframe. [tips] To see MT time in the mobile app, go to the ‘Quotes’ screen. For MetaTrader 5, it’s placed under a currency pair. For MetaTrader 4, in the ‘Advanced’ section, above a currency pair. [tips] [FRESH ANALYTICS]( Upcoming Cold Winter and Burning Energy Prices, What will Europe do? With the possibility of direct intervention in energy markets from the EU, natural gas prices in Europe dropped sharply to €212 per megawatt hour, declining by more than 30% from record levels near 340 euros. The German economy minister expects gas prices to drop more soon. Germany, the largest gas consumer in Europe, said its gas storage facilities are set to be 85% full by next month. Still, analysts warn that the biggest factor in securing energy this winter is cutting consumption to ensure stored fuel lasts through the cooler months. To avoid the crisis, countries need to cut gas consumption every month by 15% below the five-year average. That would leave post-winter storage 45% full if Russia kept sending gas and 26% full if Russia cut flows from October. [Learn more]( Weekly outlook [New video]( is out now! September 6 — September 9 Forex news coverage & trading tips [weekly]( [how-to-start] Go to [FBS website]( and learn how to start trading on Forex [We love analytics. Do you?]( We love analytics. Do you? [icon] Crypto stress: This is not the best time for the crypto market. Cryptocurrency market capitalization has been below the critical $1 trillion mark. [icon] Hopes for oil: The G7 finance ministers will discuss the possibility of buying Russian oil at a fixed price which could lower global energy prices. [icon] USD vs. JPY: While the Fed keeps being hawkish, the Bank of Japan sticks to monetary easing plans. USDJPY has been up by more than 0.8% since the start of the week. Want more insights into the trading world? FBS analysts share them on our [Telegram channel](. Hurry up to subscribe and start trading like a pro! Get ready to trade your best [Trade. Profit. Repeat]( [Help Center]( | [Personal Area]( You received this email because you registered at [fbs.com](. If you have any questions, please contact us via email at support@fbs.com. [google_play]( [apple_stor]( Risk warning: Before you start trading, you should completely understand the risks involved with the currency market and trading on margin, and you should be aware of your level of experience. [instagram]( [facebook]( [twitter]( [telegram]( [youtube]( [Web Version]( | [Unsubscribe]( | [About FBS]( FBS is always by your side since 2009