Candlestick Charting For Dummies
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 patter
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One of the best books I’ve read on charting and technical analysis,
I’m just learning how to trade options. I was never a technician since I relied on fundamental analysis. I’ve read about 5 books so far on charting and technical analysis and this book was the best. Other books tended to bog me down with tons of extraneous details. This books presents the essentials in a concise manner. The author here first goes through all the major candlestick patterns. He then explains what he considers the most important technical signals – Moving average, Wilder’s RSI, Stochastics, and Bollinger Bands. The last part of the book is integrating everything together with several mini-case studies.
In summary, a must read for someone starting out in candlestick charting and technical analysis.
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|Another good Dummies book,
This book was an excellent source of the information I was looking for. I wanted to learn more than just the fundamental concepts of candlestick charting and the book exceeded my expectations. I was afraid the book would be overly technical and I would get lost in the jargon. Pleasantly, the book lived up to my previous “Dummies” experiences. I probably have somewhere around 15 titles of the Dummies books. It is a great way to scratch the surface on something and decide if it’s worth heavily investing alot of time and more money in.
In this case, the book does much more than scratch the surface. I am only a couple of chapters into it, and I already “feel” like an expert on reading candelsticks and predicting price movements and patterns. The one thing I thought that stood out above and beyond for me is the ability to skip around to different chapters without being lost. It is not a cover to cover read. You can extract just what you need out of it and move on. And that is exactly what I am doing. I also really appreciate the real world applicability. You can literally take what you read with a computer in front of you and immediately apply it to test and gauge your level of understanding. Anyone interested in technical analysis and how candlestick charting relates should start here. Since I have not read other Candlestick books, I cannot compare how this ranks with others, but for me – wanting to learn Candlestick charting without spending tons of money and buying overly technical books, this was great.
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|Terrific,
This book is a must have for anyone wanting a clear explanation of the candlestick patterns and how to use them. It is illustrated with pictures and charts that clearly show the information being taught– what to do when things go right and where to set your stops to protect your cash should the trade go wrong. This has the information you’ve been looking for!
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