Publications

Candlesticks Explained

Type
Link
Cost
Paid
Published
2002

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 is an A-Z guide to the basic principles of Japanese candlesticks and other Eastern charting techniques. It serves as an ideal introduction to these increasingly popular techniques. Candlesticks Explained offers a comprehensive analysis of the unique graphic traits and interpretive powers of candlestick charts. It also includes actual examples of tusuki, harami, and other candlestick trading patterns.

Candlesticks Explained covers: 

  • 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