Why candlestick analysis?
A security’s price may look unpredictable as they rise and fall over a while. But successful traders and technical analysts have found that historical prices tend to repeat themselves and also that there are some patterns in the movement of prices and hence previous levels of open, high, low, close, and volume can be used to determine where the price is heading to and whether the security is overbought or oversold. For this purpose, they employ many technical tools, and candlestick analysis is one of them.
Advantages of candlestick analysis
- Candlesticks provide trade signals well in advance of price movements and earlier than many other indicators.
- Candlestick charts are visually communicative. The color, shape and size of the body of candlesticks provide you with valuable information about the market condition and essential inputs to trade decisions and consequently, you are more likely to make your fortunes in trading.
What does this book do for you?
There is a mistaken belief that learning candlesticks takes time, and this discourages many from learning candlesticks while the fact is that earning in trading in financial assets is possible only if you know and use candlestick analysis. This book makes it extremely easy to learn and practise candlestick analysis in a short period. This book will help newbies learn from basics to advanced level and experts to brush up and make money consistently in trading stocks, derivatives, currencies, and cryptocurrencies.
About the selection of the candlestick patterns
The author has chosen for this book 14 candlestick patterns based on the findings of some studies by technical analysts that these 14 candlestick patterns provide to traders over 85% of trade opportunities emanating from candlesticks trading and a win ratio of more than 80%.
This book consists of two parts:
Part-I is for beginners. It explains the anatomy and body language of candlesticks.
Part-II explains in individual chapters the structure of the 14 candlestick patterns and the logic behind each of the patterns and guides how to spot the patterns on their occurrence, interpret them and take buy-sell decisions based on their signals.
As this book covers everything a trader must know about candlesticks trading, the reader can be sure that reading this book will improve his trading skill significantly and fetch a high win percentage.
Pallavi –
Examples feel realistic. Saved me time and money.
Maya –
Examples feel realistic. Great companion to my charts.
Bhavna –
Short, sharp, and helpful. Formatting can be improved.
Varun –
Great visual examples. Saved me time and money.
Alia –
Great visual examples. Saved me time and money.
Anita –
Very informative with real use-cases. Sharing with my trading group.
Harsh –
Exactly what I needed. Great companion to my charts.
Ira –
Perfect for quick revision. Clear charts and summaries.
Neha –
Perfect for quick revision. Good, but could use more case studies.
Meera –
Loved the pattern checklists. Five stars from me.
Abhishek –
Unique tips I hadn’t seen elsewhere. Five stars from me.
Yash –
Loved the pattern checklists. Saved me time and money.
Rohit –
Boosted my confidence in trading. Sharing with my trading group.
Gaurav –
Great for daily prep. Learnt something new on every page.
Trisha –
Unique tips I hadn’t seen elsewhere. Five stars from me.
Komal –
Actionable insights throughout. Would buy again.
Arjun –
A must-read before placing trades. Clear charts and summaries.
Tarun –
Author knows the craft. Helped reduce bad trades.
Kunal –
Short, sharp, and helpful. Worth every rupee.
Karan –
Very informative with real use-cases. Great companion to my charts.
Swati –
A must-read before placing trades. Great companion to my charts.
Ishita –
Author knows the craft. Would buy again.
Kapil –
High value for the price. Sharing with my trading group.
Aisha –
Covers the essentials neatly. Helpful quick reference.
Ankit –
Practical and concise. Saved me time and money.
Aakash –
Great visual examples. Worth every rupee.
Divya –
Practical and concise. Learnt something new on every page.
Tanya –
Actionable insights throughout. Great companion to my charts.
Sneha –
Examples feel realistic. Would buy again.
Siddharth –
Solid guide for beginners. Sharing with my trading group.
Riya –
Exactly what I needed. Would buy again.
Aman –
Backtested some ideas—works well. Sharing with my trading group.
Rakesh –
Covers the essentials neatly. Learnt something new on every page.
Kavya –
Good balance of theory and practice. Would buy again.
Suresh –
Covers the essentials neatly. Would buy again.
Priya –
Unique tips I hadn’t seen elsewhere. Worth every rupee.
Nitin –
Improved my entries and exits. Five stars from me.
Manish –
Loved the clarity of explanations! Learnt something new on every page.
Naina –
Well-structured and easy to follow. Great companion to my charts.
Aditi –
Boosted my confidence in trading. Not for absolute beginners.
Sameer –
Unique tips I hadn’t seen elsewhere. Helped reduce bad trades.
Jasmin –
Loved the pattern checklists. Helped reduce bad trades.
Deepak –
Improved my entries and exits. Examples could be deeper.
Vivek –
Explains concepts without fluff. Worth every rupee.
Vikram –
Author knows the craft. Helped reduce bad trades.
Sara –
Improved my entries and exits. Sharing with my trading group.
Sanjay –
Well-structured and easy to follow. Wanted more advanced strategies.
Shreya –
A must-read before placing trades. Worth every rupee.
Pooja –
A must-read before placing trades. Great companion to my charts.
Rahul –
A must-read before placing trades. Decent read for the price.