tailieunhanh - 21 CANDLESTICKS EVERY TRADER SHOULD KNOW

Candlesticks are one of the most powerful technical analysis tools in the trader's toolkit. While candlestick charts dates back to Japan in the 1700's, this form of charting did not become popular in the western world until the early 1990's. Since that time, they have become the default mode of charting for serious technical analysts replacing the open-high-low-close bar chart. There has been a great deal of cogent information published on candlestick charting both in book form and on the worldwide web. Many of the works, however, are encyclopedic in nature. There are perhaps 100 individual candlesticks and candle patterns that are presented, a daunting amount of information for a. | 21 CANDLESTICKS EVERY TRADER SHOULD KNOW Dr. Melvin Pasternak Working Title 21 Candlesticks Every Trader Should Know Author Dr. Melvin Pasternak Publisher Marketplace Books Release Date January 2006 Format Pages Retail Price Paperback approx. 120 pages 21 CANDLESTICKS EVERY TRADER SHOULD KNOW BY NAME By Dr. Melvin Pasternak OUTLINE I INTRODUCTION Candles Anticipate Indicators Follow Trendlines Confirm How To Read A Candlestick Chart Bar vs. Candlestick Charts Optimism and Pessimism as Shown by Candles Advantages of Candle vs. Bar Charts Candles Anticipate Short Term Reversals Why Candlesticks Work The Rule of Two Candles in Action Dow Jones Analysis Summary II 21 CANDLES EVERY TRADER SHOULD KNOW BY NAME Candles 1-4 The Four Dojis Show Stocks That Have Stalled Candles 5-6 Hammer and Hangman Candlesticks Signal Key Reversals Candles 7-8 Bullish and Bearish Engulfing Candles Spot Key Trend Changes Before They Take Place Candle 9 Dark Cloud Cover Warns of Impending Market Tops Candle 10 The Piercing Candle Is a Potent Reversal Signal Candles 11-12 The Three Candle Evening and Morning Star Patterns Signal Major Reversals Candle 13 The Shooting Star Can Wound Candle 14 The Inverted Hammer Indicates The Shorts May Be Ready To Cover Candle 15 The Harami is Pregnant With Possibilities Candle 16 The Full Marubozu Is a Candle Without Shadows Candles 17-18 High Wave and Spinning Top Express Doubt and Confusion Candle 19 The Ominous Call of Three Black Crows III Gaps From a Japanese Candlestick Viewpoint The Four Types of Gaps Common Continuation Breakaway and Exhaustion Candlestick Theory on Gaps Synthesis of Western Wisdom and Eastern Insight IV A Concluding Challenge About the Author INTRODUCTION Candlesticks are one of the most powerful technical analysis tools in the trader s toolkit. While candlestick charts dates back to Japan in the 1700 s this form of charting did not become popular in the western world until the early 1990 s. Since that time they have become the