Japanese candlesticks: graphical analysis of financial markets. Neeson Steve.
The author of the book is a professional analyst, and his analysis is based exclusively on Japanese candlesticks; his experience in reputable companies only confirms the analyst’s reputation.
Most traders emphasize the effectiveness of Steve Nison ; it is not for nothing that his book has gained high popularity among those who use technical analysis in their trading.
In order to understand whether this textbook is suitable for you or not, it would be a good idea to familiarize yourself with its main chapters.
1. Introduction - why Japanese candlesticks attract the attention of most stock traders.
History of the development of analysis based on them. 2. Basics - what candles are, their definition and structure.
Bullish and Bearish candles as an indicator of the direction of the trend. 3. Models – models of trend reversal and continuation, help determine how strong the existing trend is and choose the direction of the transaction, finding them on the chart of the currency pair.
5. Options for using candlesticks in practice - to determine support and resistance lines, along with oscillators and indicators, candlesticks and moving averages, as well as other methods of technical analysis.
6. Using Japanese candlesticks in options trading is a rather interesting chapter, since most authors pay virtually no attention to analysis in options trading.
7. Hedging and candles – using candles as a way to reduce risks, making trading less unprofitable.
8. Personal experience – using Japanese candles in practice, tips and recommendations for practical use.
You can download the book in one of the online stores