Japanese Candlesticks is the best book on candlestick market analysis?
Every day more and more new market research methods appear in trading, but not all of them receive recognition from investors.
Many of the new methods cease to be used literally after a few years, without having proven their effectiveness.
At the same time, Japanese candlesticks have been around for decades and are used not only in manual analysis, but also serve as the basis for creating advisors for automated trading.
The most important issue in this case is the practical application of candlestick models and the creation of working strategies based on them.
The best source of information on which you can learn how to use Japanese candles is a book; in this article I will try to give examples of books that can be downloaded on our website.
Japanese candles, books that will help you learn how to use them correctly in practice:
The following textbooks will teach you not only how to identify the models themselves, but also how to create your own trading system based on them.
Japanese candlesticks, a method for analyzing stocks and futures , a book written by Gregor Maurice is one of the best printed publications on this topic.
Despite the fact that the main emphasis in it is on the use of candlestick analysis when working with company shares and futures.
The information provided can also be used no less successfully when trading on the foreign exchange market.
Particular emphasis is placed on the practical application of the information received in practice; you can download the book here - https://time-forex.com/knigi/yaponskie-svechi-metody
Japanese candlesticks book is a collection of models - as you already understand, the main focus of the textbook, written by our compatriot Vladimir Gusev, is on candlestick models.
The narration is structured in such a way that you first get acquainted with the basic forms of candles, what these forms consist of, and then move directly to the combinations.
This implies that each individual candlestick combination can be the basis of an independent strategy.
And so, starting with one candle and ending with Sakata’s methods and their use in stock trading using the example of the Russian stock market. The book is downloaded on the page - https://time-forex.com/knigi/jponskie-sv-modeli
Japanese candles. Graphical analysis of financial markets - a book from a recognized professional in this field, Steve Nison .
It should be noted that this author is not just a theorist, but a person who has worked for many years as an analyst in a large investment bank.
In addition to the already traditional, theoretical information about what Japanese candlesticks themselves represent, the book reveals many other interesting aspects.
For example, how to build support and resistance levels based on them, hedge transactions, or trade options. You can download the electronic version of the publication via the link - https://time-forex.com/knigi/yp-svechi-kn
The given selection of books on candlestick analysis will help you study this issue as much as possible, and you can also read additional information on this topic in the section - https://time-forex.com/ys