
Analyze the market with candlesticks
The Appropriate Number of Candlesticks for Market Analysis
To effectively analyze the market with candlesticks, traders need to understand how many candlesticks are necessary for making informed decisions. The Jabal Ameli charting method emphasizes the importance of using the right number of candlesticks to gain insights into market movements and make strategic trading decisions.
Zooming In on the Market Chart and the Required Number of Candlesticks
In psychology, there is a concept called historical memory, which also applies to the world of trading. Traders need to understand how to utilize this concept to achieve the best results. To better understand this, let’s explain it with a few examples.
Imagine two people get married, and as you know, marriage is one of the most beautiful events in anyone’s life. In the first months and years of their marriage, the couple tries to surprise and delight each other on various occasions. These occasions might include their anniversary, wedding day, birthdays, Valentine’s Day, or other special events. However, after a few years, they gradually and unconsciously start forgetting these dates one by one. They might forget their first meeting anniversary, then their wedding date, and later even when Valentine’s Day is. After a while, they might even forget each other’s birthdays.
How Candlestick Patterns Predict Market Movements
Candlestick patterns are a great tool for predicting short-term price movements. By studying how specific patterns develop and behave, traders can anticipate potential market direction and time their trades accordingly. The patterns act as signals for possible trend reversals or price continuations
Introduction to Candlestick Patterns
Candlestick charts are one of the most essential tools for technical analysis. By displaying the open, high, low, and close prices within a specific timeframe, candlestick charts provide valuable insights into market behavior. This method of analysis allows traders to quickly interpret market sentiment and make more informed decisions

Understanding Market Sentiment Through Candlestick Charts
Candlestick charts are powerful visual representations of market sentiment. Each candle reflects the balance of buying and selling pressure during a specific period, helping traders understand whether the market is bullish, bearish, or in a neutral phase.
The Same Principle Applies to Life's Bitter Issues
The same principle applies to the bitter aspects of life. For example, when someone loses a family member, during the first week, they may not even sleep or eat properly. Gradually, after about 40 days, it may be possible to make some light-hearted jokes with the grieving person to help them shift away from their sorrowful state. After a year, the grieving person might even make jokes with others that they wouldn’t have before the loss. This doesn’t mean that the deceased was no longer dear to them, but as time passes, the absence is more deeply felt. However, because the event has faded in the person's historical memory and new events have arisen, the importance of the loss diminishes.
The Impact of Historical Memory on Trading Decisions
The trading decisions of market participants are also influenced by historical memory because every trade involves a human, and all humans have historical memories. To make better and more profitable trading decisions, we must leverage this concept. Every event that has happened to us up until now is important because it exists in our memory and influences our decisions and actions.
According to historical memory, we need to determine how many candlesticks from the market’s past are necessary for making a good trading decision.
The Jabal Ameli Chartical Method and the Required Number of Candlesticks
In the Jabal Ameli chartical method, the number of candlesticks needed is generally around 60-70. This number can vary depending on the display resolution, but often, just 20 candlesticks can provide all the necessary information. For instance, it can help determine whether a trade will occur in the market, whether we will be a buyer or seller if a trade happens, and how to strategize the exit if a trade is made.
Thus, in the Jabal Ameli chartical method, 20 candlesticks are often sufficient for market reading and trade identification, but the maximum number needed is around 60-70 candlesticks. Paying attention to more than this number is impractical, as it leads to relying on information that may no longer be relevant to the market participants who created the price movements and could impact the market. Trading based on such excess information is not logical.
Adjusting Zoom Level for Market Analysis
In platforms like MetaTrader, the zoom level should be adjusted so that the market is visible clearly and adequately. Candlesticks should not be too large to create unnecessary excitement with every minor market movement, nor too small that the shadows and details become hard to see.
Focus on Relevant Candlesticks for Successful Trading
In the Jabal Ameli chartical method, success in trading relies on focusing on sufficient and relevant data. Traders should focus on the historical patterns and information that align with their current strategies. Relying on outdated or irrelevant information can lead to poor trading decisions.
By focusing on a limited number of candlesticks (usually between 20 to 70), traders can ensure they are working with up-to-date and relevant market data. This approach allows for more accurate, efficient, and profitable trading decisions.
























