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Where did the candlestick charting technique and analysis originate?

April 26, 2017analysis Candlestick charting originate technique

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Where did the candlestick charting technique and analysis originate?

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The Japanese developed a method of technical analysis to analyze the price of rice contracts. Today, this technique is called Candlestick charting. Munehisa Homma (a.k.a. Sakata), a wealthy Japanese business man began trading at the local rice exchange around 1750. Sakata kept records of the market psychology and learned not to rush into trades. Click here to read more about candlesticks.