Frequently Asked Questions on Japanese Candlesticks | Chapter 3
Traders utilise Japanese Candlesticks, a technical analysis technique, to chart and examine the price changes of securities. Munehisa Homma, a Japanese rice trader, is credited with creating the idea of candlestick charting. While admitting the impact of supply and demand on rice prices, Homma found during normal trading that the rice market was also influenced by the emotions of traders.
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