Overview

A practical guide to Japanese candlestick charting: what it is,how it works, and how to use it Candlestick charting is one of the most popular technicalanalysis tools in use today. First introduced to America in theearly 1990s, it has proven to be a reliable guide to tradingtoday's markets. Part of the Bloomberg Market Essentials (BME)Technical Analysis series, Candlestick Charting andStrategies offers a quick, but complete, explanation ofJapanese candlesticks that will familiarize you with this tool at aprofessional level and emphasize its practical application in themarkets.Written in a straightforward and accessible style, this bookwill get you up to speed on the essential elements of candlestickcharting as well as introducing some basic strategies along theway. * Reveals how to combine candlesticks (an Eastern technique) withtraditional Western technical analysis techniques * Offers insights on back-testing, a crucial yet controversialpractice * Includes information dedicated to Bloomberg's proprietarycandlestick indicatorJapanese candlestick charting can be profitable, if youunderstand how it works. This book will put candlestick charting inperspective and show you how to successfully incorporate it intoyour trading endeavors.

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9781576603710

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