Candlesticks Explained (Paperback)

Candlesticks Explained (Paperback)
Martin J. Pring

Book Description

Candlestick Charting Is One of Today's Most Versatile and Popular Technical Trader's Tools First used successfully by rice traders in eighteenth-century Japan, candlesticks have gained newfound popularity among today's fast-action breed of trader. Candlesticks Explained--a powerful, four-hour multimedia CD-ROM tutorial and workbook--offers a comprehensive analysis of the unique graphic traits and interpretive powers of candlestick charts. Complete with basic principles, market-proven techniques, and real-time examples of Japanese candlesticks and other Eastern charting techniques in action, it explains:

  • Basics of candlestick construction
  • Dojis
  • Umbrella lines
  • Spinning tops
  • Reversal patterns
  • Continuation patterns
  • High-price and low-price gapping plays
  • Blended candles
  • Integrating candlesticks with Western charting
  • Three-line break charts
  • Renko charts
  • Kagi charts
  • Candle volume charts
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