|
|
Order the Soft Cover version
|
21 Candlesticks Every Trader Should Know
By: Pasternak, Melvin
List Price: $19.95
Our Price: $9.95
You Save: $10.00; 50%
Availability: In stock, usually ships in 24 hours.
Reader Ratings:  (1 reviews)
>>> Click here to rate or review this item
|
Item #: 4050479
Pages: 128
Publisher: Marketplace Books
ISBN: 1592802982
Type: Soft Cover - Soft Cover
Publish Date : 2/28/2006
|
|
|
|
|
|
|
|
|
Synopsis:
There are 100 candles patterns with which traders should be familiar and 21 candles they should know by name. Knowing their names allows traders to spot them more easily and assess their implications. When faced with the need for a quick decision during the heat of trading, the trader who can name these 21 candles has a distinct advantage over the one who can't.
[Back to top]
Jacket Description:
One could easily ask, why do candlesticks continue to gain such power in the market? The answer can be found in the clear and straight-forward nature of the candlesticks themselvesoffering traders the ability to see the bigger picture. Continuation patterns, reversal patterns, emerging trends, bottom and tops -- all of these insights manifest in a way that other charting systems just can't compete with. And from an array of nearly 100 charts, Dr. Pasternak has chosen the 21 most important ones.
* Learn about the candlesticks every trader must know by name
* Learn about the candlesticks that occur most often
* Learn about the candlesticks that will immediately affect your decisions
* Learn to increase your accuracy and predict with confidence
Candles combine perfectly with other tools of technical analysis such as support and resistance, moving average, and indicators such as MACD.
[Back to top]
Table of Contents:
PREFACE
LESSON 1- WHAT YOU SHOULD KNOW ABOUT CANDLESTICKS
CANDLESTICKS ANTICIPATE, INDICATORS FOLLOW, AND TRENDLINES CONFIRM How To Read A Candlestick Chart
Bar vs. Candlestick Charts
Optimism and Pessimism as Shown by Candles
Advantages of Candle vs. Bar Charts
Candles Anticipate Short Term Reversals
Why Candlesticks Work
The Rule of Two
Candles in Action: Dow Jones Analysis
Bullish Engulfing
The Hammer
The Doji
Gravestone Doji
Back to the Dow Jones Chart
Summary
LESSON 2- JAPANESE CANDLESTICK CHARTING
21 CANDLES EVERY TRADER SHOULD KNOW BY NAME
Candles 1-4: The Four Dojis Show That Have Stalled
Candles 5-6: Hammer & Hangman Candlesticks Signal Key Reversals
Candles 7-8: Bullish and Bearish Engulfing Candles Spot Trend Changes Before They Take Place
Candle 9: Dark Cloud Cover Warns of Impending Minor Tops
Candle 10: The Piercing Candle Is a Potent Reversal Signal
Candles 11-12: The Three Candle Evening and Morning Star Patterns Signal Major Reversals
Candle 13: The Shooting Star Can Wound
Candle 14: The Inverted Hammer Indicates The Shots May Be Ready To Cover
Candle 15: The Harami is Pregnant With Trading Possibilities
Candle 16: The Full Marubozu Is a Candle Without Shadows
Candles 17-18: High Wave and Spinning Top Express Doubt and Confusion
Candle 19: The Ominous Call of Three Black Crows
Candle 20: Three Advancing White Soldiers Can Help You Fight for Profits
Candle 21: Tweezers can Help You Pull Profits Out of the Market
LESSON 3- INTEGRATING MULTIPLE CANDLESTICKS & INDICATORS
ROUND NUMBER RESISTANCE, CANDLESTICKS, AND
INDICATORS
LESSON 4- GAPS FROM A JAPANESE CANDLESTICK VIEWPOINT
WHAT IS A GAP?
The Four Types of Gaps
Candlestick Theory on Gaps
SYNTHESIS OF WESTERN WISDOM AND EASTERN INSIGHT
A CONCLUDING CHALLENGE
TRADING RESOURCE GUIDE
ABOUT THE AUTHOR
[Back to top]
|
|
Top of Page
Home
Help
Privacy Policy
Whitelist Us
Search
My Account
Site Map
Shopping Cart
Secure Checkout
Order Status
© 1996-2010, Traders Library
A division of Expert Trading Limited
|
