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What does CDL stand for?

CDL stands for Candlestick chart (bar-chart often used in Forex trading)

This definition appears somewhat frequently and is found in the following Acronym Finder categories:

  • Business, finance, etc.

See other definitions of CDL

Other Resources:
We have 268 other meanings of CDL in our Acronym Attic

Samples in periodicals archive:

lt;/strong> <ul> <li>&nbsp;Provide traders with earlier indication of reversals: Candlestick charts are very effective in signaling potential reversals well before traditional bar or point charts and thus aid traders to time their entries and exits with better timing</li> <li>&nbsp;Give unique market insights: By looking at the length of a certain candlestick charts, a trader can get a sense of the force of the underpinning move, which is not possible with bar charts</li> <li>&nbsp;Enhancing chart analysis: Candlestick charts can be used together with any Western technical tools, provide a trader with a powerful synergy of techniques that will prove to be an edge over traders who solely employ traditional Western charting techniques.
thanks Power Course Instructor's Response: The interpretation of candlestick charts has often been referred to as being more of an art than a science.