What a candle encodes, and what its shape tells you.
The candlestick is the densest way ever devised to show a period of trading: four prices and a balance of power in one glyph. This course teaches you to read one at a glance, and to recognise the handful of formations that genuinely carry information.
beginner · 4 lessons · 40m
What you'll cover
The Anatomy of a CandlestickFour prices, one glyph, and the story in between.By the end of this lesson you will be able to look at any single candle and describe what happened during that period — where price opened, how far it stretched in each direction,…
Choosing a TimeframeWhy the same chart says different things at M5 and D1 — and how to pick.Two traders can look at the same pair, at the same moment, and reach opposite conclusions — simply because one is on the 5-minute chart and the other on the daily. This lesson…
Trend, Range and Market StructureThe only two states a market is ever in, and how to tell which one you are in.Almost every losing streak a developing trader has can be traced to one error: running a trend strategy in a range, or a range strategy in a trend. This lesson teaches you to tell…
Support and Resistance That Actually MatterHow to find the few levels worth drawing — and ignore the hundreds that are not.Anyone can draw a hundred lines on a chart. This lesson is about drawing four, and knowing why each one is there.
Who this course is for
Reading Candlestick Charts is a beginner course in the Chart Reading track of the FX Terminal Academy. It assumes no prior trading experience — terms are defined as they appear. There are 4 lessons, about 40m of reading in total.
Every lesson is free to read, and no account is needed to read one. Signing in only records which lessons you have finished, keeps your place across devices and issues the completion certificate at the end.
How to work through it
Read the lessons in the order they are listed: each one builds on the vocabulary and the ideas of the one before it. Each lesson ends with a short quiz that checks you took the point rather than the wording, and links straight into the FX Terminal screen that puts it to work — so the idea is tested against live market data instead of staying on the page.
You can stop between lessons and come back; nothing here expires, and the course quiz at the end covers the whole set rather than the last thing you read.
Common questions
Is Reading Candlestick Charts free?
Yes. Every lesson is free to read in full. There is no paywall, no trial and no card required, and the live FX Terminal screens each lesson links to are free as well.
Do I need any trading experience to start?
No. This is a beginner course and it defines its terms as it goes, so it is a reasonable first thing to read about the currency market.
How long does the course take?
4 lessons, roughly 40m of reading. It is self-paced — there is no schedule and no expiry, so stopping between lessons costs you nothing.
Do I need an account?
Not to read. An account is free and only exists to remember which lessons you have finished, carry that across devices, and issue the certificate when you complete the course.
Is there a quiz or a certificate?
Each lesson ends with a short quiz, and the course has its own assessment covering the whole set. Completing it while signed in issues a certificate you can share.
Will this course tell me what to trade?
No. The Academy teaches how the market works and how to read the data; it does not issue signals or recommendations. Nothing on FX Terminal is investment advice.