Candlestick Charts

The Japanese began using technical analysis to trade rice in the 17th century.  

According to Steve Nison, candlestick charting first appeared sometime after 1850

Much of the credit for candlestick development and charting goes to a legendary rice trader named Homma from the town of Sakata.

It is likely that his original ideas were modified and refined over many years of trading eventually resulting in the system of candlestick charting that we use today. 

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