Description
Book SynopsisThe ultimate guide to a critical tool for mastering the financial markets A longstanding form of technical analysis, Japanese candlestick charts are a dynamic and increasingly popular technical tool for traders of all skill levels. Known for its versatility, this ancient charting can be fused with every other technical tool available, including traditional Western technical analysis.
Japanese Candlestick Charting Techniques is the most comprehensive and trusted guide to this essential technique. Informed by years of research from a pioneer trader, this book covers everything you need to know, including hundreds of examples that show how candlestick techniques can be used in all of today’s markets.
This totally updated revision focuses on the needs of today’s traders and investors with:
• All new charts including more intra-day markets
• New candlestick charting techniques
• More focus on active trading for swing, online and day traders
• New Western techniques in combination with candles
• A greater spotlight on capital preservation.
From speculation and hedging to futures and equities, candlestick charting is the next level up for both amateur day traders and seasoned technicians, and this book provides expert guidance for putting it into action.
Trade ReviewQuote from the first edition of "Japanese Candlestick Charting Techniques": "It's hard to be too effusive about the quality of Nison's work. This is clearly one of the best investment books ever written."Bruce Babcock, Jr., Editor-in-Chief, "Commodity Traders Consumers Report"
Table of ContentsPreface Acknowledgement About the author Chapter 1: Introduction Chapter 2: A Historical Background Chapter 3: Constructing the candlestick lines Chapter 4: Reversal Patterns Chapter 5: Stars Chapter 6: More reversal patterns Chapter 7: Continuation patterns Chapter 8: The magic Doji Chapter 9: Putting it all together Chapter 10: A cluster of candles Chapter 11: Candles with trend lines Chapter 12: Candles with replacement levels Chapter 13: Candles with moving averages Chapter 14: Candles with oscillators Chapter 15: Candles with volume Chapter 16: Measured moves Chapter 17: The best of the east and west: the power of convergence Glossary A: Candlestick terms and visual dictionary Glossary B: Western technical terms Bibliography Index