![]() ![]() Why shouldn’t we do the same? If you do not learn about Japanese candlestick charts, your competition will! The Japanese use a combination of western chart and candlestick techniques to analyze the markets. Knowing how the Japanese use candlestick charts to analyze both our markets and theirs may help you answer the question “What are the Japanese going to do?” This is disconcerting if you consider that they are among the biggest players in the financial markets. Yet, amazingly, we do not know how the Japanese analyze our markets with their traditional technical tool called candlesticks. The Japanese technicals are honed by hundreds of years of evolution. To help guide you, I have included a glossary of all the western and Japanese candlestick terms used. If you are an amateur technician, you will find how effective candlestick charts are as a stand alone charting method. The chapters on joining Japanese candlestick techniques with Western technical tools will be of strong interest to you. If you are a seasoned technician, you will discover how joining Japanese candlesticks with your other technical tools can create a powerful synergy of techniques. Indeed, they are new to the vast majority of the American and European trading and investing community. The assumption of this book is that they are new to you. By reading this book you will discover how candlesticks will add another dimension of analysis.ĭo not worry if you have never seen a candlestick chart. They can be used for futures, equities, options, or anywhere technical analysis is applied. markets, but the tools and techniques in this book should be applicable to almost any market.Ĭandlestick techniques can be used for speculation and hedging. Using candlesticks will help improve your market analysis. Candlesticks are exciting, powerful, and fun. Japanese candlestick charts are older than bar charts and point and figure charts. You should find it valuable no matter what your background in technical analysis. Would you like to learn a technical system refined by centuries of use, but virtually unknown here? A system so versatile that it can be fused with any Western technical tool? A system as pleasurable to use as it is powerful? If so, this book on Japanese candlestick charting techniques is for you. This ebook is in Top 6 forex books for beginners. Related: The power of Japanese candlestick charts ![]()
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