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Description of 21 Candlesticks Every Trader Should Know

There are 100 candles patterns with which traders should be familiar and 21 candles they should know by name. Knowing their names allows traders to spot them more easily and assess their implications. When faced with the need for a quick decision during the heat of trading, the trader who can name these 21 candles has a distinct advantage over the one who can't.

One could easily ask, why do candlesticks continue to gain such power in the market? The answer can be found in the clear and straight-forward nature of the candlesticks themselves—offering traders the ability to see the bigger picture. Continuation patterns, reversal patterns, emerging trends, bottom and tops -- all of these insights manifest in a way that other charting systems just can't compete with. And from an array of nearly 100 charts, Dr. Pasternak has chosen the 21 most important ones.

* Learn about the candlesticks every trader must know by name
* Learn about the candlesticks that occur most often
* Learn about the candlesticks that will immediately affect your decisions
* Learn to increase your accuracy and predict with confidence

Candles combine perfectly with other tools of technical analysis such as support and resistance, moving average, and indicators such as MACD.

Title Information

ISBN:

9781592802982

Pages:

132 pages

Format:

Paperback

Product Code:

135410

Publisher:

Marketplace Books

Published:

17/02/2006

Edition:

illustrated edition

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