TABLE OF CONTENTS
Chapter 1 - Introduction
Chapter 2 - The History of Japanese Candlesticks
Chapter 3 - Construction of a Japanese Candlestick
Chapter 4 - Comparison of Chart Types
Chapter 5 - Candlestick Reversal Patterns
Chapter 6 - Candlestick Continuation Patterns
Chapter 7 - Candlestick Trading Strategies
Chapter 8 - Summary
Chapter 1. – Introduction
Although the powerful philosophy and theory of Japanese Candlesticks have been in existence for hundreds of years, are they still valid and useful in today’s trading markets, such as Forex, Stocks and Futures? More to the point, is it possible for you to readily and effectively incorporate their main principles into a profitable and successful trading strategy?
This intro guide is intended to answer these questions by providing you with an in-depth, but easily to understand analysis of this fascinating subject. In addition, well-illustrated diagrams and charts will be utilized throughout in order to provide you with optimum clarification.
Chapter 2 will concisely outline the intriguing history behind Japanese Candlesticks. In the process, you will discover how its initial strategies were forged into a successful methodology. You will also gain an understanding about why this technique is still so effective in the modern age.
The next chapter will discuss the basic construction of a candlestick and introduce you its main components. In doing so, you will quickly acquire a concise understanding about how to interpret the impact of each candlestick during trading.
Chapter 4 will then focus on explaining the advantages of using candlesticks as opposed to other popular chart types such as the bars and lines. You will be able to appreciate very quickly the significant benefits provided by candlesticks by studying the informative diagrams displayed. After reading this chapter, you should be able to already start deriving your own plans about how to incorporate candlesticks into your own trading strategies.
Based on the concepts described in the chapter 3, the next two chapters will proceed to develop and explain more elaborate candlestick constructions. Each important pattern will be described with the aid of an explicitly described diagram which will show you how to interpret and use each one effectively.
First, popular patterns will then be introduced that are used by traders to identify the strong possibilities of trend reversals. Then other important formations will be presented that signify the continuation in direction of the current price trend.
Chapter 7 utilizes all the concepts introduced so far to show you how to produce your very own trading strategy based Japanese candlesticks. You should definitely acquire a good sense of confidence about using this powerful trading technique after studying this chapter.
The conclusion will draw your attention to other important trading concepts that you need to consider when you start trading using your new candlesticks strategy. You should merge them with your initial concepts to create a powerful and successful trading strategy.
TABLE OF CONTENTS
Chapter 1 - Introduction
Chapter 2 - The History of Japanese Candlesticks
Chapter 3 - Construction of a Japanese Candlestick
Chapter 4 - Comparison of Chart Types
Chapter 5 - Candlestick Reversal Patterns
Chapter 6 - Candlestick Continuation Patterns
Chapter 7 - Candlestick Trading Strategies
Chapter 8 - Summary
