Book Description
This step-by-step guide makes learning the Candlestick method a fast and easy process by introducing specific patterns as well as the "psychology" behind each pattern that develops in a chart. Incorporating the common sense and logical disciplines that most investors are aware of, but ignore, Profitable Candlestick Trading opens with a detailed look at the most valuable aspect of technical analysis–reversal patterns–while explaining major reversal signals such as the Doji, the Hammer, the Hanging Man, Engulfing Patterns, and Dark Cloud Cover. Although most Candlestick signals are reversal patterns, this comprehensive guide also addresses continuation patterns and explores how they can help with the decision-making process during certain trading periods. Mastering the Candlestick method will revolutionize your investment-thinking process.
Comments - Reviews
"Best Practical Candlestick Book" This book is the third Candlestick book that I have read cover to cover. The previous two were Steve Nison's two Candlestick books. While Nison's books were excellent and extremely easy to understand, this book concentrates on strategy for making money and gives more trading insights. I have been making money even in this bear market using the trading signals described in the book".
"This book not only illustrates and explains every Candlestick signal investors need to know, but the underlying psychology that creates the signals in the first place is also revealed to the reader. But learning and knowing the signals, and understanding how the signals are created, are not of much use unless the investor also has a quick and easy way to FIND the signals on a regular basis. Using a very popular, inexpensive charting service, Mr. Bigalow shows how to set up the software filters so that thousands of stocks can be analyzed, and only the Candlestick charts with the highest profitability potential will be displayed. This search process can be done in a matter of minutes. To my knowledge, this has never been explained in any other book". J. Daryl Thompson
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