Why this matters
Candles, trends, support and resistance, and how a market actually moves. This study guide accompanies the video "How to Read CANDLESTICK Charts (Step-by-Step Beginners Guide)" by Ross Cameron - Warrior Trading and connects it to the Candlesticks and market structure course on MAPLUStrade.
What the video covers
- How to Read CANDLESTICK Charts (Step-by-Step Beginners Guide)
- Watch for the definitions of ohlc, timeframes, trend
- Note every rule the presenter gives for entries, exits and sizing
Key terms
- ohlc: The open, high, low and close prices that make up one candle.
- timeframes: The duration each candle represents, such as one minute or one day.
- trend: A sequence of higher highs and higher lows, or lower highs and lower lows.
Check your understanding
- Anatomy of a candle: Open, high, low, close and what wicks tell you.
- 1m to 1d: choosing a timeframe: Why the same market looks different on 1m and 4h charts.
Apply it on MAPLUStrade
Open any market on MAPLUStrade, switch between the 1m, 15m, 1h and 1d timeframes and mark the levels you see. The same candle you read here is what the Level 2 depth panel is pricing against.
Educational content only. Nothing here is financial advice; every trade is your own decision and risk.