Can somebody pls.tell me the ‘stages’ of CANDLE formation on 15min. chart ?
Does it start with OPEN, CLOSE & finally the shadows ?
Mave
You are in dire need of the babypips school follow the link.
Yes, i have the eBook but if you know the ans. to the dumb qtn., then pls. tell me…
Candles form the same way on every chart. There’s no difference between the 15 minute, 1 hour, or daily.
They start with OPEN and end with CLOSE. Shadows may or may not form. Shadows are the HIGH and LOW for the candle.
If the price went higher after OPEN, then there will be a shadow above the candle. If the price CLOSEd higher than the lowest price during the time period, then there will be a shadow below the candle.
Yes, i have the eBook but if you know the ans. to the dumb qtn., then pls. tell me…
Well the answer to the question is in the ebook & in
the school.
PS Why hand feed you the information when I can point
you towards a better explanation than I could ever have given,
plus saves me all the typing. 
I’m learning more about candle formations and the more I learn, the more I realize that we ignore them at our peril!!!