Understanding basic candle shapes is crucial when it comes to technical analysis. Since the candles, aka candlesticks, come in many different shapes, these shapes have been categorized, and each shape has a different name. Also, since the trading candlesticks were invented by the Japanese, many of the names are Japanese! So get ready to learn some Asian vocabulary as you get a deeper understanding of the candles.
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Marubozu -Basic Candle Shapes
“Maru-bozu” means “Completely Bald/ Shaved” in the Japanese language
Maru: Completely Bozu: BaldThis is what happens to a pretty lady when she is Marubozu:
Basic Candle Shapes – Marubozu Metaphor
And this is what happens to candlesticks when they are Marubozu:
Basic Candle Shapes – Marubozu Candlestick
If the candle is completely “shaved,” with no shadows coming from either the top or the bottom of it, it is called marubozu.
Spirit:
Marubozu candles have very powerful spirits. In fact, they are the most powerful candlesticks known to the trading community. They have no upper or lower shadows, which means that the pair didn’t even bother to test a price outside of the open and close prices. The price just went straight up (if it is a bullish marubozu) or straight down (if it’s a bearish marubozu).
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Spinning Tops -Basic Candle Shapes
This one has an English name! And as the name suggests, these candlesticks have very short bodies but long shadows .
Basic Candle Shapes – Spinning TopsSpirit: Spinning tops have very indecisive spirits. During the specific time frame in which a spinning top is formed, the pair was mostly testing different prices and didn’t really move that much. This can also mean that the forex puppet master (which includes the traders and the markets) was kind of indecisive on which way to move the pair.
You almost want to scream out: “Make a decision already!!”
But who would listen?
Doji – Basic Candle Shapes
“Doji” means “same [time]” in the Japanese language
Another Japanese word to add to your dictionary! Doji candles have equal(same) open and close prices. That is why their bodies are nothing but a line. You can’t even distinguish their color!
Depending on the length of the shadows of a doji candle, it can be put into different categories such as the “long-legged doji,” the “dragon fly doji,” and the “gravestone doji.”
Basic Candle Shapes – Doji
Spirit: Doji by itself is neither bullish nor bearish. But when it comes after other candles, it can have very powerful interpretations. We will get into that later.
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Related:
- Trend Changing Candle Arrangements
- Candle Charts – Technical Analysis with Candlesticks
- Ichimoku Kinko Hyo- What’s Best Time Frame to Use it?
- Rectangles – Technical Chart Patterns
- Bullish Reversal Candle Arrangements
- Forex Patterns – Basics of Technical Charting
- Triangles – Technical Chart Patterns
- Continuation Patterns List
- Online Risk Management for Traders & Investors
- Day Trading Strategy for Beginners
基本的なローソク足
FXのローソク足には色んな形があるので、きちんと分類されてそれぞれ名前を付けられています。それに、ローソク足は日本人によって発明されているから多くには日本語の名前が当てられているのよ!
丸坊主
つまりはスキンヘッドってことね。
Maru: Completely 丸
Bozu: Bald 禿げ
坊主といえど、かわいい女性が丸坊主になるとこうなります…
そして、ローソク足が丸坊主になるとこう。
ローソク足が完全に剃り上げられたら、つまりは上にも下にもヒゲがない場合、これが丸坊主です。
左が強気相場のとき、右が弱気相場の時ね。
丸坊主の心:
丸坊主は非常に強い意味をもつローソクです。実際、これは取引の世界では最も強いローソク足と知られているわよ。上ヒゲも下ヒゲも持たない、これはつまり始値と終値の外に少しも出ることなく価格がストレートに上昇(強気の丸坊主の場合)、または下落(弱気の丸坊主の場合)したということだからね。
コマ
これは英語の訳名(=Spinning Top)もあるわね。名前が示すように、このローソク足は非常に短い本体と、長いヒゲを持っているわ。
コマの心:
コマは迷いの心理を表します。コマが形成された期間中、ペアは様々な価格を動いたものの実際にはそれほど変動しなかったの。これはまたFXのパペットマスター(トレーダーと市場のことね)がペアをどちらに動かせばいいか決断しきれなかったということね。
そりゃあなたは「もう決めたよ!」って言うかもしれないけど、誰も聞いてくれないわよね。
同時線
同時は日本語で”同じ時間”という意味ね。
FX辞書に入れるべき日本語もういっちょ!同時線は始値と終値が同じ場合のローソク。だから本体がなく、線だけになっているのね。
ヒゲの長さによって、同時線は更にカテゴリーをわけることができます。「長足同時線」「塔婆」「トンボ」など。
この図では左から「同時」「長足同時」「トンボ・塔婆」
同時線の心:同時線それ自体は強気でも弱気でもありません。ただし他のローソク足と合わせるととても強い意味を持つことがあるので、後で説明するわね。