Want to gain a trading edge
with candlestick charts? Find them a little confusing? No worries! Candlestick
Charting For Dummies sheds light on this time-tested method for
finding the perfect moment to buy or sell. It demystifies technical and
chart analysis and gives you the tools you need to identify trading
patterns — and pounce!
This friendly, practical, guide explains candlestick charting and
technical analysis in plain English. In no time, you’ll be working with
common candlestick patterns, analyzing trading patterns, predicting
market behavior, and making your smartest trades ever. You’ll discover
the advantages candlestick has over other charting methods and learn
the secrets of combining it with other technical indicators. You’ll
also get familiar with different ways to display and interpret price
action, including trend lines, support levels, resistance levels,
moving averages, and complex indicators. Discover how to:
- Construct candlestick charts
- Identify and interpret basic patterns
- Trade in bull and bear markets
- Work with complex patterns and indicators
- Avoid False signals
- Understand the components of market activity
- Deal with bullish or bearish single-stick, two stick, and
- Identify and interpret complex patterns
- Use indicators to determine the market
- Outperform the market in any conditions
Don’t know whether to grab the bull by the horns or just grin and bear
it? Read Candlestick Charting For Dummies and get it right the
About The Author: Russell Rhoads is a trader and
analyst for Peak Trading Group in Chicago. His career in trading and
market analysis covers over 17 years. He has a BBA and MS in Finance
from the University of Memphis and has done graduate level work in
Financial Engineering at the Illinois Institute of Technology. Russell
also holds the Chartered Financial Analyst designation.
Part I: Getting Familiar with Candlestick Charting and
Chapter 1: Understanding Charting and Where Candlesticks Fit
Chapter 2: Getting to Know Candlestick Chart.
Chapter 3: Building a Base of Candlestick Chart Knowledge.
Chapter 4: Using Electronic Resources to Create Full Charts.
Part II: Working with Simple Candlestick Patterns.
Chapter 5: Working with Straightforward Single-Stick
Chapter 6: Single-Stick Patterns That Depend on Market
Chapter 7: Working with Bullish Double-Stick Patterns.
Chapter 8: Utilizing Bearish Double-Stick Patterns.
Part III: Making the Most of Complex Patterns.
Chapter 9: Getting the Hang of Bullish Three-Stick Patterns.
Chapter 10: Trading with Bearish Three-Stick Patterns.
Part IV: Combining Patterns and Indicators.
Chapter 11: Using Technical Indicators to Complement Your
Chapter 12: Buy Indicators and Bullish Reversal Candlestick
Chapter 13: Sell Indicators and Bearish Reversal Candlestick
Chapter 14: Using Technical Indicators Alongside
Bullish-Trending Candlestick Patterns.
Chapter 15: Combining Technical Indicators and Bearish-Trending
Part V: The Part of Tens.
Chapter 16: Ten Myths about Charting, Trading, and
Chapter 17: Ten Tips to Remember about Technical Analysis.