Professional Documents
Culture Documents
Candles
Candles
Money
WELCOMES YOU ALL
Who AM I
I am Vimal Kumar P
Completed BCS (Corporate Secretary ship )
Having 15years of experience in Financial Markets
Ex Member in MCX
I love to take Seminar
FAQ
Forex Trading is legal or not?
https://www.rbi.org.in/scripts/FS_FAQs.aspx?Id=115&fn=5
https://www.rbi.org.in/Scripts/NotificationUser.aspx?
Id=8427&Mode=0
https://www.quora.com/Why-is-forex-trading-illegal-in-India
Still You Have Any Doubt(s)?
https://www.sebi.gov.in/legal/master-circulars/mar-2018/master-
circular-on-prevention-of-unauthorised-trading-by-stock-brokers-
_38365.html
Brief History
Market timing, charting, behavioural finance &
quantitative analysis.
Methodology dates back to 1600s, originally used
by Japanese rice farmers to monitor and forecast
crop prices.
Famous trader named Homma (aware of
supply/demand links), realised the markets were
strongly influenced by emotions.
Introduced to the west in 1990 by Steve Nison, a
leading expert in candlestick analysis.
Constructing the Candle Line
Bullish Candle Bearish Candle
White Real Body Black Real Body
High High
Upper Shadow
Close Open
Real Body
Open Close
Lower Shadow
Low Low
The Real Body is the essence
of market psychology
Basic Candles
Hammer Shooting Star
Strong buy/sell Open and close 1. Small real body 1. Small real body
are narrow/same 2. Colour not imp. 2. Colour not imp.
Midpoint used as 3. Long shadows
support/resistance Market is tired Prior trend weak
Indicates confusion
Doji
Case study:
Imagine we have 20 days and if I trade 1 std lot for your
client…
You will get 5 usd as a share
ie., 5usd*20 = 100 USD equal to Rs.7000/-
Thanks for your time