Huobi Nigeria Learning Session on Understanding Candlestick with James Enajite.
Our very informative guest who is also a Huobi Knight was prompt and timely with is delivery. Opening statement:
Appreciated the energy used in delivering a text-based lecture with a showcase of confidence in understanding the candlesticks how one can use it in determining market trends.
This means one needs to be of an open mind to learn more, that is why they say; Never stop learning, you never get old with fresh knowledge.
He was also so kind as to share an article with the community regarding the session: https://medium.com/@jamesenajite/understanding-candle-stick-e645d144b9b1
Feel free to jump on the link to read and get more out of it.
wanted to also get a clear picture on how solid to base trades on just candlestick, I asked:
Can someone fully trade with just candlestick? Do you think the market is mature enough?
James responded:
No, for as a trader you would need a combination of tools for proper analysis of the market (Hence the word Technical analysis)
I knew right there its a combination of skills that makes one a successful trader. If you agree with me lots of traders do trade now without using data from the candlestick!
I wanted to verify the effect of news to all this, I asked:
But guess news can also affect this?
James Response:
Yes, that is where Fundamental Analysis comes in
I will say get to learn as much as you can about fundamentals & technicalities, Develop a trading strategy and follow a good trader so you can be guided.
Thank you
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visit: Huobi Global
Published at Wed, 05 Feb 2020 21:54:01 +0000
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