Profitable Candlestick Trading: Pinpointing Market Opportunities to Maximize Profits

by Stephen W. Bigalow

Overview

The updated edition to one of the most popular books on technical analysis

Japanese candlestick charting and analysis is one of the most profitable yet underutilized ways to trade the market. Signals created by this unique method of technical analysis-represented in the form of graphic "candlestick" formations-identify the immediate direction and effects of investor sentiment through price movements, allowing traders to profit by spotting trend reversals before other investors. This updated version of Profitable Candlestick Trading: Pinpointing Market Opportunities to Maximize Profits makes learning the method fast and easy by introducing specific patterns, as well as the psychology behind them. The book

• Details the most valuable aspect of technical analysis-reversal patterns-as well as reversal signals, including the Doji, the Hammer, the Hanging Man, Engulfing Patterns, and Dark Cloud Cover
• Explains continuation patterns and explores how they can help with the decision-making process during various trading periods
• Reveals how to find trading situations that have the maximum potential for profitability, the highest probability of success, and the least amount of risk

Learn how to quickly search, view, and profit with candlestick formations with Profitable Candlestick Trading.

Product Details

ISBN-13:	9781118005804
Publisher:	Wiley
Publication date:	02/23/2011
Series:	Wiley Trading , #500
Sold by:	JOHN WILEY & SONS
Format:	eBook
Pages:	384
File size:	8 MB

About the Author

STEPHEN W. BIGALOW has over twenty-five years investment experience, including eight years with Kidder Peabody&Co., Cowen&Company, and Oppenheimer&Company, followed by fifteen years of commodity trading and real estate investing. Mr. Bigalow has advised professional traders, money managers, mutual funds and hedge funds, and is recognized by many in the trading community as the "professional's professional." He also runs The Candlestick Trading Forum, an online trading community.

Table of Contents

Preface to the New Edition.

Acknowledgments.

Chapter 1: Introduction.

Chapter 2: Reversal Patterns.

Chapter 3: Continuation Patterns.

Chapter 4: Major Signals Explained.

Chapter 5: Finding and Learning the Signals Made Easy.

Chapter 6: Common Patterns.

Chapter 7: Revolutionizing Investor Psychology.

Chapter 8: Analyzing Profitable Trades.

Chapter 9: Maximizing Profits.

Chapter 10: Trading Programs.

Chapter 11: Using Candlesticks to Improve Elliot Wave Analysis

Chapter 12: Option Trading Refined.

Chapter 13: Candlesticks with Commodities and Futures.

Chapter 14: Trend Analysis: Improving the Probabilities.

Chapter 15: Eliminating Mental Trading Flaws with Candlestick Analysis.

Chapter 16: Candlestick Trading Rules.

Chapter 17: Conclusion.

Glossary.

About the Author.

Index.

Editorial Reviews

"...this book is unquestionably destined to become a classic technical analysis reference book for years to come..." (erivativesreview.com, 16 July 2002)

From the Publisher