Book Japanese candles. Collection of models. Gusev V. P.
Japanese candlesticks have long become classics of technical analysis; it is difficult to find a trader who has not at least once tried to predict a trend using candlestick models.
And this is not in vain, since candlestick analysis is quite effective; models often show a change in market conditions, an increase in demand or supply.
In addition, the use of candles is considered one of the simplest methods of trend analysis, and this allows even a novice trader to use them.
There are several candlestick patterns that warn of an imminent trend reversal or, on the contrary, confirm the existing trend movement.
But on most Internet sites you can only find a description of the candles themselves, and not their practical application; this book will help fill this gap.
In total, the textbook has 8 sections:
1. Basic shapes of candles - what a candle consists of and what shows the relationship between its body and shadows. As well as a description of the basic forms that can most often be found on stock charts.
2. One candle acting as a model - which of the candles can independently carry information about a change in trend and how to use this information.
3. 2 candles acting as a model - a list of models of two candles, how effective they are in practical use.
4. 3 candles acting as a model - it is clear that in this section we will talk about combinations based on three candles and the signals that they give when they appear.
5. Patterns of many candles - a description of the most effective candle combinations consisting of a large number of Japanese candles.
6. Different combinations of candles - these include those options that did not have enough space in the previous sections of the book.
7. Sakata's methods - a description of one of the most interesting methods of market analysis using five basic models of candlestick analysis.
The book will be of interest to those who use or plan to use candlestick analysis in their trading.
A distinctive feature is that the use of Japanese candlesticks is shown using examples of shares of Russian companies.
Unfortunately, the book is not currently available for download.
Another book: Japanese candles - http://time-forex.com/knigi/yp-svechi-kn