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Donโt Trade Before Learning These 14 Candlestick Patterns Why Candlestick Analysis? A securityโs price may appear unpredictable as it rises and falls over time. However, experienced traders and technical analysts have long observed that price behavior tends to repeat itself. Patterns form in the movement of prices, and previous levels of open, high, low, close, and volume often provide valuable clues about where price may head next and whether a security is overbought or oversold. Candlestick analysis is one of the most effective tools used to interpret these repeating behaviors. Advantages of Candlestick Analysis Candlesticks often provide trade signals well in advance of price movements and earlier than many traditional indicators. Candlestick charts are visually powerful and easy to interpret. The color, shape, size, and position of each candlestick convey vital information about market sentiment, buyerโseller strength, and potential reversals or continuations. When understood correctly, candlesticks can significantly improve trade timing and decision-making. What Does This Book Do for You? There is a common misconception that learning candlestick patterns is difficult and time-consuming. This belief discourages many traders from mastering one of the most powerful tools in technical analysis. The objective of this book is to make candlestick analysis simple, practical, and easy to apply in a short period of time. It helps beginners build a strong foundation while enabling experienced traders to refine their skills and improve consistency across stocks, derivatives, forex, and cryptocurrencies. About the Selection of Candlestick Patterns The author has carefully selected 14 candlestick patterns based on findings from technical studies and real-market application. These patterns are known to account for more than 85% of practical candlestick-based trade opportunities and are associated with a high probability of success when applied correctly and with proper risk management. This book consists of two parts. This book is divided into two well-organized parts designed for clarity and progressive learning. Part-I is for beginners. It explains the anatomy and body language of candlesticks and teaches how to interpret the color of the body, the length of the body, and the length of the stems at the bottom and top of a candlestick. Part-II explains in individual chapters the structure of the 14 candlestick patterns and the logic behind each of the patterns and guides how to spot the patterns on their occurrence, interpret them, and take buy-sell decisions based on their signals. Whether youโre trading stocks, forex, or crypto, this book will give you a powerful edgeโand the confidence to act when opportunity strikes. Review: Excellent knowledge, poor design - The book is great. Straightforward candlestick pattern explanations and technical analysis. Perfect for the new trader, or experienced trader looking to brush up on candles. BUT, I'm so tired of authors who choose these terrible manufactures and drop ship publishers who don't give a crap about the product itself. Upon opening the book, FIVE pages immediately fell out. This happens far too often when authors choose to self publish with these terrible companies. In this case, it's "Pen2Publishing". They should be shut down. But again, great material, and I guess at the end of the day, that's what counts. I'm going to give it five stars based on the material, but I hope the author knows several others are going to give this one star, the moment pages start falling out on them. Happens every time. Review: Candlestick Stock Trading - I have bought more than one book on candlestick patterns and this one is the absolute best. Mr. Pandi takes a difficult subject and makes it understandable to those who are having difficulties with all the voluminous literature out there. An absolute must buy. Thanks.
| Best Sellers Rank | #90,876 in Books ( See Top 100 in Books ) #50 in Online Trading & Investing #94 in Investment Analysis & Strategy |
| Customer Reviews | 4.5 out of 5 stars 1,214 Reviews |
A**I
Excellent knowledge, poor design
The book is great. Straightforward candlestick pattern explanations and technical analysis. Perfect for the new trader, or experienced trader looking to brush up on candles. BUT, I'm so tired of authors who choose these terrible manufactures and drop ship publishers who don't give a crap about the product itself. Upon opening the book, FIVE pages immediately fell out. This happens far too often when authors choose to self publish with these terrible companies. In this case, it's "Pen2Publishing". They should be shut down. But again, great material, and I guess at the end of the day, that's what counts. I'm going to give it five stars based on the material, but I hope the author knows several others are going to give this one star, the moment pages start falling out on them. Happens every time.
C**.
Candlestick Stock Trading
I have bought more than one book on candlestick patterns and this one is the absolute best. Mr. Pandi takes a difficult subject and makes it understandable to those who are having difficulties with all the voluminous literature out there. An absolute must buy. Thanks.
R**N
Be Brief Be Good Be Gone
Concise and to the point, you get what you need to know quickly. The only drawback being an occasional disconnect between the location of the chart and the description that refers to it. But, with a little thought, that can be overcome.
N**N
This is a must have gem.
A must have before jumping into the stock market it has all the gems and diamonds in it to understand the market structure and analyze it before making a TRADE.
J**Z
Trade or die
Ainโt read much but little I saw with little price. Worth it.
M**N
Decent book on common candlestick patterns
Overall easy to read and understand. Useful as a first book on candle sticks. Basic concepts of the patterns are explained well. It would have been better served if it went a bit more deeper on what RSI or moving averages or BB & how it aligns with each of the patterns described. For a couple of patterns it says like the correlation to RSI being above 70. But others say you have to look for but not explaining what to look for.
C**.
practical
Clear detail explained the psychology of the candlesticks. Which gives ckarity and understanding. Removes the noise and gives you what you need without the stories
K**E
Informative
Good for beginners to learn basics
T**N
Easy to read and understand
Excellent for beginners
B**L
Exactly as advertised, very happy.
Exactly as advertised, very happy.
D**Y
It was a bit of a letdown that the book wasnโt in color
Wishing the book was in color
T**Y
I highly recommend this product for beginners.
Perfect for beginners. easy to understand and practical advice.
A**H
good one thanks
Good for new traders like who all are starting there journey All the best traders ( good patterns knowledge )
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