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Format Type | : | Kindle, Pasta blanda |
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Why candlestick analysis?A securitys price may look unpredictable as they rise and fall over a while. But successful traders and technical analysts have found that historical prices tend to repeat themselves and also that there are some patterns in the movement of prices and hence previous levels of open, high, low, close, and volume can be used to determine where the price is heading to and whether the security is overbought or oversold. For this purpose, they employ many technical tools, and candlestick analysis is one of them.Advantages of candlestick analysis
Candlesticks provide trade signals well in advance of price movements and earlier than many other indicators. Candlestick charts are visually communicative. The color, shape, size, and location of the body of candlesticks provide you with valuable information about the market condition and essential inputs to trade decisions and consequently, you are likely to make your fortunes in trading.What does this book do for you?There is a mistaken belief that learning candlesticks takes time, and this discourages many from learning candlesticks. This book makes it extremely easy to learn and practice candlestick analysis in a short period. This book will help newbies learn from basics to advanced level and experts to brush up and make money consistently in trading stocks, derivatives, forex, and cryptocurrencies.About the selection of the candlestick patternsThe author has chosen for this book 14 candlestick patterns based on the findings of some studies by technical analysts that these 14 candlestick patterns provide to traders over 85% of trade opportunities emanating from candlesticks trading and a win ratio of than 80%.This book consists of two parts:Part I is for beginners. It explains the anatomy and body language of candlesticks.Part II explains in individual chapters the structure of the 14 candlestick patterns and the logic behind each of the patterns and guides how to spot the patterns on their occurrence, interpret them, and take buy sell decisions based on their signals.As this book covers everything a trader must know about candlesticks trading, the reader can be sure that reading this book will improve his trading skill significantly and fetch a high win percentage.
Descripción Reviews
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Although I've been trading for some time,learning as I go,this book is a handy reference.Ideal for all traders,especially beginners.It's well written and easy to understand.A little short on good illustrations but very informative.It's certainly a book to have in your collection,and for the low price I can't think of a reason why not to.
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Easy to read and concise. No waffle. I liked this book and use it as a reference frequently. Add bookmarks on your kindle for fast access to key pages or sections. Recommended.
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Not a bad book, and as my headline implies you can learn on YouTube. But its still a handy reference guide.
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very basic book.recommend for someone who has no knowledge at all!you can find all online for free.would have like it if it had patterns.nothing special.best suited for young teenageryou really don't need this to start trading
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As a total beginner I have found it quite difficult to follow, but I will keep going.