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Product Description
Product Description
This friendly, practical, guide explains candlestick charting and technical analysis in plain English. In no time, you’ll be working with common candlestick patterns, analyzing trading patterns, predicting market behavior, and making your smartest trades ever. You’ll discover the advantages candlestick has over other charting methods and learn the secrets of combining it with other technical indicators. You’ll also get familiar with different ways to display and interpret price action, including trend lines, support levels, resistance levels, moving averages, and complex indicators. Discover how to:
- Construct candlestick charts
- Identify and interpret basic patterns
- Trade in bull and bear markets
- Work with complex patterns and indicators
- Avoid False signals
- Understand the components of market activity
- Deal with bullish or bearish single–stick, two stick, and multistick patterns
- Identify and interpret complex patterns
- Use indicators to determine the market
- Outperform the market in any conditions
Don’t know whether to grab the bull by the horns or just grin and bear it? Read Candlestick Charting For Dummies and get it right the first time.
From the Back Cover
Translate candlestick patterns and use them to predict market behavior
Want to gain a trading edge with candlestick charts, but find them confusing? No worries — this friendly, practical guide explains candlestick charting and technical analysis in plain English. You′ll see how to work with common candlestick patterns and analyze data to make smart trading decisions. You′ll also combine patterns with other indicators for more profitable trading!
Discover how to:
Construct candlestick charts
Identify and interpret basic patterns
Trade in bull and bear markets
Work with complex patterns and indicators
Avoid false signals
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Customer Reviews
The charts are far better than reading simple line or bar charts. You can get plenty of information on candlesticks from the web to see if you are interested, then this book explains it in easy logical stages that you can reference time over.
Combined with the knowledge gained from Technical Analysis for Dummies, these are powerful tools for the beginner, or anyone who trades and has not looked at this subject before.
An excellent trading aid.
Listmania!
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