StockFetcher Forums · General Discussion · black candles<< >>Post Follow-up
ercplant
6 posts
msg #33569
Ignore ercplant
10/14/2004 4:43:24 PM

Hi everyone,
I have a stupid question but we all started somehwere apparently. Does someone can explain me the meaning of a black candle? What does it represent and is it a good indicator for buy/sell or whatever.
Thanks in advance,
ESP
*if you have a good link for me to consult, it would be more than enough.


EWZuber
1,373 posts
msg #33573
Ignore EWZuber
10/15/2004 3:43:22 AM

Here you go;
http://www.equis.com/Education/TAAZ/?page=39


ercplant
6 posts
msg #33583
Ignore ercplant
10/15/2004 6:13:56 PM

Thanks!


ercplant
6 posts
msg #33586
Ignore ercplant
10/15/2004 9:17:59 PM

I meant to ask what are the black candles are representing compared to the red and white ones on SF graphs.
Thanks anyway, it was great readings.
ESP


xplorer
257 posts
msg #33589
Ignore xplorer
10/16/2004 9:44:36 PM

this is from a previous post :

dknight 2/2/2004 10:36:29 AM

White/empty: close above open; close above close 1 day ago
Red: close below open; close below close 1 day ago
Black: close below open; close above close 1 day ago


xplorer
257 posts
msg #33590
Ignore xplorer
10/16/2004 10:14:05 PM

... there are actually 4 type of candles in regards to color and fill ... as follows:


Red empty : Close above Open + Close below Close 1 day ago
Black empty : Close above Open + Close above Close 1 day ago

Red solid : Close below Open + Close below Close 1 day ago
Black solid : Close below Open + Close above Close 1 day ago

Hope this helps....




ercplant
6 posts
msg #33618
Ignore ercplant
10/21/2004 9:40:08 AM

Thanks Xplorer, it does help a lot.
ESP


StockFetcher Forums · General Discussion · black candles<< >>Post Follow-up

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