Replies to post #310924 on Monk's Den

[PanicButton]

Check out this page, I find it's explanation of candles to be excellent!

http://www.babypips.com/school/what_is_a_candlestick.html

[DayTradingAlgo]

Same goes for down days.

A solid red candle means the price went down, and closed below the previous candle's closing price.

A solid black candle means the price closed lower than the previous candle's close, but that candle actually closed higher than it opened. So in essence, it gapped down, went up, but failed to close higher than the previous candle's close.

[drewbe121212]

It just means that their was strong buying pressure.

Green(white) hollow means that the price closed above the open, and that the price closed above the previous days close.