The Ultimate Guide to Candlestick Chart Patterns
Product ID: 282717251
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The Ultimate Guide to Candlestick Chart Patterns is your 'candlestick patterns cheat sheet' for making technical trading decisions. Learn to spot trends and act on them intelligently. This book has everything you need: An introduction to candlestick chart patterns and why they can take your trading to the next level 30+ detailed candlestick patterns with a historical example for every chart Exit and entry suggestions Candlestick chart pattern trading tips Real trading examples from TrendSpider From the book: HOW TO READ CANDLESTICK CHARTS A candlestick is a type of chart used in trading as a visual representation of past and current price action in specified time frames. Depending on the time frame of the chart, each candlestick consists of minutes, a day, a week or a month trading range. On an intraday chart, a candle might represent periods of time like 1-minute, 5-minutes, 15-minutes or one hour. A daily shows candles that represent each day’s trading range. A weekly chart shows candles that represent each week’s trading range. A monthly chart shows candles that represent each month’s trading range. Note that during the day, a daily candle will change as the range changes and price reaches a final, closing price. Similarly, during the week and in the middle of the month, the candles in those time frames are still changing and are not finalized until their time frame closes. At the end of the day, week or month, the candle for that time period is finalized. A candlestick consists of the body with an upper or lower wick or shadow. Most candlestick charts show a higher close than the open as either a green or white candle. The opening price as the bottom of the candle and the closing price as the high of the candle. Also, most candlestick charts show a lower close than the open represented as a red or black candle, with the opening price as the top of the candle body and the closing price as the low of the candle body. ...and much more! By the time you finish this book, I think you’ll agree that candlesticks are the best type of charts for most traders to use for trading price action patterns. Review: 100% Recommended! - Such a great book that has developed my price action in such a short time! Review: Muy util - Buenos gráficos y excelente explicación
| Best Sellers Rank | #336,321 in Books ( See Top 100 in Books ) #517 in Investment Analysis & Strategy #558 in Stock Market Investing (Books) |
| Customer Reviews | 4.5 out of 5 stars 191 Reviews |
B**S
100% Recommended!
Such a great book that has developed my price action in such a short time!
A**I
Muy util
Buenos gráficos y excelente explicación
S**C
Ok ! but,
Ok , good . But I could not understand why the charts are black and white.if it is colored it would be more helpful. And at the end nothing new but all information you can find in a book
M**S
Poor quality graphs and bad book
Very poor graphics too much strain on the eyes to see the graphics. Not a book to own in your library.
J**S
Charts are Not In Color
When I ordered the book, I had read reviews. I knew that the charts were not in colors. I thought I could get past that. I could not. It is hard for me to learn about a red vs. white or grey candle when the candles are not red, white, or grey. The book is well-written, and I think it would be great if the charts were in color. Also, some are not readable because they are too small. I don't see why the book does at least give a link to a pdf version that shows the charts in color. To me, that would make sense. I also think that if someone does not read the reviews, they will be misled about the book because the cover of the book shows color. I think that is misleading. Who would know that is the only color you are going to see?
A**S
Interesante
Gran libro
D**S
Exactly what I was looking for
Great little book for quick reference/guide. The price is perfect too. I wasn't looking for a deep dive on candlesticks, but more of a quick guide with some background and pointers. I was looking to discover a few patterns I didn't know about, but this cover the most common. However, the book is still great. Pair th patterns with other indicators to find opportunities.
S**S
Great
you need to have expirience to use it or at least know what you are doing.
O**R
Easy to read
It is simple and direct....does not beat around the bush and the examples are not just “perfect” patterns...patterns that are similar are just as valid.
S**A
Superb candlestick book!!! Must read for all traders
As a beginner trying to establish a foundation of knowledge for candlestick charts, I found this book extremely helpful and useful. It describes the structure of candlesticks, explains the benefits of using candlesticks instead of other charts, introduces the reader to candlestick chart patterns and this book includes a lot more useful information. For the advanced trader, this book offers various examples and the charts are just so illustrative! I think this is a feature that other candlestick books I have read are missing and this book is truly amazing in this respect. Overall, I wholeheartedly believe that all beginners or advanced traders should purchase this book!!! 6 stars out of 5 :)
A**L
Excellent
Excellent
K**A
For Beginners. Poor image quality
This is a decent book for an absolute first time layman looking at candlesticks. The one major downside of the book is that the candlestick charts are of very light print. As a result, they very hard to discern or decipher. If you’re looking for a candlestick book, then you rather invest in the Steve Nixon Japanese candlesticks book.
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