Description
Investors and traders seek methods to identify reversal and continuation to better time their trades. This applies for virtually everyone, whether employing a swing trading strategy, engaging in options trading, or timing entry and exit to spot bull and bear reversals. Key signals are found in the dozens of candlesticks, combined with technical signals such as gaps and moves outside of the trading range; size of wicks (shadows) and size of real bodies. The science of candlestick analysis has a proven track record not only from its inception in 17th century Japan, but today as well.
This book explains and demonstrates candlestick signals, including both the appearance of each but in context on an actual stock chart. It further takes the reader through the rationale of reversal and continuation signals and demonstrates the crucial importance of confirmation (in the form of other candlesticks, traditional technical signals, volume, momentum and moving averages).
Michael C. Thomsett is a market expert, author, speaker and coach. His many books include Mathematics of Options, Real Estate Investor's Pocket Calculator, and A Technical Approach to Trend Analysis.
A video of the author titled Candlesticks for Option Timing can be found here:
https: //www.youtube.com/watch?v=IItH6OLh7TI
Author: Michael C. Thomsett
Publisher: de Gruyter
Published: 12/19/2017
Pages: 320
Binding Type: Paperback
Weight: 1.00lbs
Size: 9.21h x 6.14w x 0.67d
ISBN13: 9781501515804
ISBN10: 1501515802
BISAC Categories:
- Business & Economics | Investments & Securities | Stocks
- Business & Economics | Finance | General
- Business & Economics | Investments & Securities | Analysis & Trading Strategies
About the Author
Michael C. Thomsett, Business and Investment Writer, Nashville, Tennessee, USA