Book description
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.
Russell Rhoads is a trader and analyst for Peak
Trading Group in Chicago. His career in trading and market analysis
covers over 17 years. He has a BBA and MS in Finance from the
University of Memphis and has done graduate level work in Financial
Engineering at the Illinois Institute of Technology. Russell also
holds the Chartered Financial Analyst designation.
