Feel Free Read Candlestick Charts: 40 Top Candlestick Patterns to make Better Decisions DOC
Technical Analysis is a method of examination of past price movements to forecast future price movements to identify trading opportunities.This book intends to anyone who is interested in learning the technical analysis and understand the use of candlestick patterns.The Japanese have practiced candlestick techniques in trading and candle signals for over four centuries to trade rice. Thee techniques are now utilized all across the world to make money in the financial markets.For beginner traders,This book gives you an understanding of different type of candlesticks and the underlying psychology behind each one of them and with the said knowledge,how a trader can make much more informed decision rather than just blindly following news or media or gut feelings.I have kept the book short so you can actually finish reading it and get to the points without getting bored.few of the candlestick explained in the books:-1. Marubozu2. Three White Soldiers3. Three Black Crow3. Above Stomach4. Below Stomach5. Hanging Man6. hammer7. Dragonfly8. Spinning Top9. Engulfing pattern10.Piercing Pattern 11. Dark cloud Cover12. Harami13.The Morning Star14.Three line Strikeand 25 other most commonly occurring candles and there underlying psychology.Each type of candle is explained properly with stop loss,trade setup and in what conditions makes it a high probability setup or not,cause knowing the names of the patterns and is it bullish and bearish is one thing and knowing where to put your stop loss and when to actually trade that said pattern is another thing. This book will exactly provide that information.
