Candlestick Charting Explained: Timeless Techniques for Trading Stocks and Futures

by Gregory L. Morris

Japanese candlesticks are one of the most important technical tools used in the market. Candlestick Charting Explained demonstrates how candlestick charts can be used to identify and anticipate price patterns in the financial and commodity markets. A comprehensive and authoritative overview, Candlestick Charting Explained describes how to combine candlestick charts with other technical tools to identify profitable trades. Clearly written and illustrated, this is a superb book for any trader who wants to master this powerful trading system. Specific topics

Genres: Finance

300 pages, Paperback

First published July 1, 1995

Reviews

[Bernd]

This is, in my opinion, the best book on candlestick charts out there. Concise and applicable. The performance table for each chart pattern is invaluable and makes the documented candlestick patterns actually tradable. What many authors forget is that the ultimate goal of technical analysis is to apply it to trade setups and exits. But often authors get carried away in philosophical ramblings without tangible proof as to the effectiveness of the price patterns described in their musings about candlesticks. Not so Morris with this work. 5 Stars!

[Doris]

I continually use this book to help me identify and better understand candlesticks. Though Ryan's part of this is fair small compared to Gregory's, I love Ryan's anecdotal way of conveying how to use candlesticks. They are a part of human behavior that dictates how candlesticks originated.

In Eastern language, the characters were pictoral depictions of things. Similarly, candlesticks are meaningless without understanding their location and the signicance of that.

Some of the book is rather dry with lots and lots of statistics and could make ones' eyes go crossed, but this book used in conjunction with Ryan's "Trading By Candlelight" DVD set is really invaluable.

The book is well-written and at the point of my reading this from Gregory's book prior to this, my understanding of candlesticks has been pronouncely significant.

I've now come to memorize some of the statistics and it helps me in my own trading.

This is a great reference book.

[Brent]

Incredible analysis.

[Landon Brixey]

The edition I picked up was the second (I think the most current is the 4th?) so there was some out of date information, but the core concepts still hold true.

[مروان الرميح]

لا بأس بهذا النوع من المعلومات علماً ان التداول ليس فقط النظر للشموع

لكن بشكل عام الكتاب يوضح النماذج المتكرره لاشكال الشموع ودلالاتها

[Zeca]

Para quem trabalha com mercado financeiro e acredita em análise gráfica ou quer aprender a acompanhar ações/opções melhor, esse livro é essencial. Melhorou efetivamente o meu trade.
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Excelent book for those who starting with technical analysis or for those you need to learn the best charting method.