Patterns – Daily Japanese Candlesticks
13apps

August 8th, 2011

Price: $0.99

Category: Finance

Updated: Aug 08, 2011

Version: 2.1

Size: 0.6 MB

Language: English

Seller: Cantek Batur

Rated 4+

Requirements: Compatible with iPhone, iPod touch, and iPad.Requires iOS 3.0 or later

Customer Ratings

Current Version

(28 Ratings)

All Versions

(104 Ratings)

Patterns – Daily Japanese Candlesticks by 13apps

Patterns - Daily Japanese Candlesticks Screenshots

Description

*** On sale for 80% off! (limited time) ***

Patterns is the BEST way to get DAILY Japanese candlestick list. This advanced and detailed application is loaded with graphics and lists of factors that intensify the reliability of each candlestick pattern.

Updated every day after the market closes
There is no unnecessary information, simple and elegant
Fast and user friendly interface
Advanced internal database

Candlestick charts are said to have been developed in the 18th century by legendary Japanese rice trader Homma Munehisa. The charts gave Homma and others an overview of open, high, low, and close market prices over a certain period. This style of charting is very popular due to the level of ease in reading and understanding the graphs. The Japanese rice traders also found that the resulting charts would provide a fairly reliable tool to predict future demand.
The method was picked up by Charles Dow around 1900 and remains in common use by today's traders of financial instruments.

The principals of Japanese candlestick are the same as other technical analysis methods.

The "what" (price action) is more important than the "why" (news, earnings, and so on).
All known information is reflected in the price.
Buyers and sellers move stock market based on expectations and emotions (fear and greed).
Markets fluctuate.
The actual price may not reflect the underlying value.
Using candlesticks will help improve your market analysis and stock trading.

If you are a seasoned technician, you will discover how joining Japanese candlesticks with your other technical tools can create a powerful synergy of techniques.

If you are an amateur technician, you will find how effective candlestick stock charts are as a standalone charting method.

Good Trading!

**Disclaimer: We do not advise investors to buy or sell securities, you, the investor, not missingSTEP.com assume the entire risk of any trading you choose to undertake.

What's New in Version 2.1

Bug fixes

Customer Reviews

Great app (5 stars)
As a full time trader, I think this app is awsome. Please understand that this is a scanner and not a black box. So, u can not take its signal blindly . A bullish signal in a downtrend may be a short play. You have to put the signals in context of your plan and market trend. In conclusion, if used correctly,this app can be very profitable and save u 100$$$ for similar services. Please note that I do not know the developer of this app, do I h

Mr (5 stars)
Thats wonderful app i use it everyday as my preliminary tool for my stock picking thank you

Cool! (5 stars)
Does what it says.