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 candlestick charts and 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 patterns themselves but also how to create your own trading system based on them. "
Japanese Candlesticks: A Method for Analyzing Stocks and Futures ," by Gregor Morris, is one of the best printed publications on the topic.
Although it primarily focuses on using candlestick analysis when trading stocks and futures,
the information provided can also be used just as successfully in forex trading.
Particular emphasis is placed on the practical application of the information obtained. You can download the book here: https://time-forex.com/knigi/yaponskie-svechi-metody
Japanese Candlesticks: A Collection of Patterns – As you've probably guessed, this textbook, written by our compatriot Vladimir Gusev, focuses primarily on candlestick patterns.
The narrative is structured so that you first become familiar with basic candlestick shapes and what they consist of, and then move on to combinations.
It's understood that each individual candlestick combination can form the basis of an independent strategy.
This process begins with a single candlestick and ends with Sakata's methods and their application in stock trading, using the Russian stock market as an example. Download the book from https://time-forex.com/knigi/jponskie-sv-modeli
Japanese Candlesticks: Graphic Analysis of Financial Markets is a book by renowned expert Steve Nison .
It's worth noting that this author is not just a theorist, but a long-time analyst at a major investment bank.
In addition to the traditional theoretical information about Japanese candlesticks, the book covers many other interesting aspects.
For example, how to use them to construct support and resistance levels, hedge trades, or trade options. You can download the electronic version of the publication at https://time-forex.com/knigi/yp-svechi-kn
. This selection of books on candlestick analysis will help you fully understand this subject, and you can also read more on this topic in the section https://time-forex.com/ys.

