{"product_id":"candlestick-charting-9781501515804","title":"Candlestick Charting","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003eInvestors and traders seek methods to identify reversal and continuation to better time their trades. This applies for virtually everyone, whether employing a swing trading strategy, engaging in options trading, or timing entry and exit to spot bull and bear reversals. Key signals are found in the dozens of candlesticks, combined with technical signals such as gaps and moves outside of the trading range; size of wicks (shadows) and size of real bodies. The science of candlestick analysis has a proven track record not only from its inception in 17th century Japan, but today as well.   This book explains and demonstrates candlestick signals, including both the appearance of each but in context on an actual stock chart. It further takes the reader through the rationale of reversal and continuation signals and demonstrates the crucial importance of confirmation (in the form of other candlesticks, traditional technical signals, volume, momentum and moving averages).   Michael C. Thomsett is\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003eChapter 1: The Basic Candlestick  1     The Origin and Meaning of the Candlestick  2     Strengths and Weaknesses of Candlesticks  7     Paper Trading as a Testing Ground  12     The Skills Every Trader Needs  15     Candlesticks: General Observations Concerning Their Use  19     Expanding the Information Pool Effectively  22     Chapter 2: Single Stick Signs  27     Uptrends and Downtrends  28     The Significance of a Candlestick’s Shape  31     Variations on the Bullish Long Candlestick  33     The Mistake Pattern  35     The Spinning Top, Hanging Man, and Hammer  41     Line Signals  44     The Significance of Tails  45     Chapter 3: Double Stick Moves  49     Two Reversal Moves: Engulfing and Harami  50     More Reversals: The Inverted Hammer and Doji Star  56     Gaps and Lines  60     Neck Lines, Crows, and Rabbits  68     Reversal and Confirming Moves—Relative Values  78     Chapter 4: Complex Stick Patterns  81     Reversal Trend Change Patterns  82     Inside and Outside Formations  88     Reversal Stars and Abandoned Babies  91     Line and Gap Continuation Signals  95     Tower Tops and Bottoms  105     Chapter 5: Reversal and Continuation Pattern Analysis  109     Strong Top and Bottom Signals  111     Stars, Kicks, Swallows, and Sandwiches  117     Matching and Star Reversals  126     Ladders and “Major” Reversals  130     Sakata’s Five Methods  134         Price Patterns with Low Reliability  142     Strong Price Line Reversals  150     Recognizing the False Signal  165     Chapter 6: Volume and Volatility  169     Volume as a Price Indicator  169     Volume Indicators  174     Testing Price Volatility  183     Triangles and Wedges  185     Chapter 7: Buy and Sell Set-Up Signals  193     Price Spikes and Reaction Swings  196     Percentage Swing Systems  200     Short-Term Gapping Behavior  202     Anticipating the Trend During Consolidation  206     The False Indicator  210     Support and Resistance in the Swing Trade  214     Chapter 8: Swing Trading with Candlesticks  219     A Swing Trading Overview  220     Quantifying Price Movement with Candlesticks  223     The Importance of Convergence and Divergence  226     Primary Trends and Candlestick-Based Entry or Exit  230     Set-Up Criteria and Action Points  234     Selling Short in Swing Trades  239     Chapter 9: Spotting Trends and Using Trendlines  243     Identifying the Trendline  244     Trendlines and Confirmation Signals  249     Applying Moving Averages to Candlestick Analysis  252     The Channel Line  254     Chapter 10: Technical Indicators  257     The Value of Confirmation  258     A Review: Technical Analysis Basics  261     The Significance of Gaps  264     A Framework for Interpretation: Support and Resistance  267     Overbought and Oversold Indicators  270     Relative Strength Index (RSI)  270          Stochastics  272     MACD  273     Bollinger Bands  274     The Potential of Candlestick Signals  278     Glossary  281     Index  297","brand":"De Gruyter","offers":[{"title":"Default Title","offer_id":48885907947863,"sku":"9781501515804","price":37.5,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9781501515804.jpg?v=1722538122","url":"https:\/\/bookcurl.com\/products\/candlestick-charting-9781501515804","provider":"Book Curl","version":"1.0","type":"link"}