Candlestick Charting For Dummies - ISBN:0470178086

Candlestick Charting For Dummies

Date: 30 April 2011, 05:36

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Want to gain a trading edge with candlestick charts? Find them a little confusing? No worries! Candlestick Charting For Dummies sheds light on this time-tested method for finding the perfect moment to buy or sell. It demystifies technical and chart analysis and gives you the tools you need to identify trading patterns — and pounce!
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.

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