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Books : Candlestick Charting Explained

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Rating: 5 out of 5 stars - Candlesticks on Fire!
An in depth review of Candlesticks, patterns and practical application to Technical Analysis for Investors. If you are really serious about trading and investing, this book is a must.



Rating: 5 out of 5 stars - Novice at Candlestick Charting
Great book, great content. You really need to absorb the direction of the method by reading this book 2 - 3 times. This isn't because of poor writing. This book is well written. It is due to the mindset required to fully understand the patterns for a novice like myself. I did find that it is one more tool to use to validate a trend or reversal. it has helped me with more than one profitable decision.



Rating: 5 out of 5 stars - Great stuff
Morris' explanation of the candlestick system for analysis of stock price trends is very thorough and easy to understand. Remembering all of the patterns is a bit overwhelming, but you do begin to develop a sense of what the candlesticks are saying that eventually makes understanding the patterns easier.



Rating: 5 out of 5 stars - Fantastic tool for learning to use Candlesticks
I am quite surprised at how useful the book is for my trading. I'm currently a day trader that trades momentum. I have been starting to use Candlesticks in the last year or two to try to enhance my entries and exits. My profitable trade percentages are increasing and my trade exit timeliness is getting better (thanks to candlesticks). The whole candlestick concept was hard for me to swallow but the more I got into it, I realized it was a visual pattern recognition concept. The book does a great job of explaining all of the useful candlestick formations as well as backing the explanations up with examples. I really liked the second half of the book that did a very thorough statistical analysis of the candlestick signals over multiple timeframes. I learned alot from the book and will add its extensive data into my stock trading techniques. Well done....



Rating: 5 out of 5 stars - Great Candlestick analysis
Great book if you are learning about candlesticks as well as chart patterns: Reversal, continuations, etc. Detailed explanation, statistics and more...
I found it really helpful.


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Disclaimer: Futures, forex, stock, and options trading is not appropriate for everyone. There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that using these methodologies or systems will generate profits or ensure freedom from losses.

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