Candlestick Charting For Dummies Paperback – 21 Mar 2008
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From the Back Cover
Packed with charts and real–world trading examples
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
About the Author
Russell Rhoads is a trader and analyst for Peak Trading Group in Chicago. His career in trading and market analysis covers over 17 years. He has a BBA and MS in Finance from the University of Memphis and has done graduate level work in Financial Engineering at the Illinois Institute of Technology. Russell also holds the Chartered Financial Analyst designation.
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Top 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.
If you're new to candlestick charting and want to learn more than this is really good. It's clearly written, easy to read with lots of examples and explains the majority of candlestick patterns e.g. three white soldiers, hangingman, dojis etc. As a newbie i can now understand and relate to the terminology and put this into practice when looking at candlestick charts.
The book is very repetitive even for a newbie, it makes you tempted to skip pages.
All the chart examples are from US stocks and indexes which is annoying if you only follow the UK markets.
for every successful charting pattern the author then shows a failure example next to it but doesn't explain why it failed e.g. bad RNS, world event, global drop in sector etc
Is very well explained and can lead you on to more complicated books.
Most Recent Customer Reviews
The Wiley crew are always informative. One of the books to buyPublished 2 days ago by Amazon Customer
Nice book and easily explained, good for the ones who do not have an understanding of candlesPublished 9 months ago by Mr. Carlos D. S. Ferreira
A good intro into candlesticks and technical analysis. Makes a very complex subject matter easy to understand and accessible. Highly recommended for newbies!Published 10 months ago by Amazon Customer
This book is what everybody needs to learn candlestick charting.Im really happy with it.The next book i will be buying will be Technical trading for dummies. thanksPublished 21 months ago by michael procopis