When to prefer candlestick chartsI recommend to use candlestick charts as they are much better visually readable then other type of charts. You can do candlestick analysis quickly and make better trading decisions. For me personally is reading of candlestick charts bread and butter of my trading for living. Candle chart provides much more info for trading. Using candlestick analysis basics together with important candlestick patterns and other basics of technical analysis leads to creation of profitable stock trading strategy. Japanese candlestick charts of stocks, ETFs, indexes, currencies, commodities are better for visual analysis and trading decision. See these examples of some candlestick stock charts:  (Click to image for larger picture)  (Click to image for larger picture)  (Click to image for larger picture) But sometimes it is better NOT use Japanese candlestick charts. I personally find two occasions when line chart is better: First is intraday chart of some sentiment indicator like TRIN:
Btw: This relative performance chart is goof tool for measurement of
relative strength
or weakness.
Return back from candlestick charts to Stock trading strategy
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