Candlesticks

Brian

Hey everyone, I'm new to binary options and trading in general. I've read a bit about candlesticks but is there a specific binary options candlesticks strategy? If there is, would you recommend I use it as a beginner?

kostasze

Hello Brian,
there are many candlesticks patterns.For me, the most important are the engulfing and the pin bars because their shape has to do with the price action.I recommend you to start with price action strategies(S&R, patterns) and use candlesticks as confirmation!

ninja_bodotnet

Hey Brian - we have loads of article about candlesticks here on BinaryOptions.net. Here are a couple to get you started, check them out!

http://www.binaryoptions.net/price-action-and-candlestick-analysis/

http://www.binaryoptions.net/a-powerful-candlestick-price-pattern/

There is also a GREAT video series here: http://daytradingtube.com/category/charting/candlesticks/candlesticks-explained/