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Candlesticks

Click to buy Internationally recognized as "The Father of Candelsticks," Nison introduces even more powerful yet subtle Japanese charting techniques that have never been published or used in the Western world before. Detailed charts and graphs take readers step-by-step through each charting technique. These versatile techniques can be used for equities, fixed income, foreign exchange and overseas markets.

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Book Description
Japanese Candlestick Charting Techniques, 2nd Edition, provides an in-depth explanation of candlestick plotting and analysis, conveying to the reader, in easy-to-understand language, the author’s years of practical experience in this increasingly popular and dynamic approach to market analysis. It includes hundreds of examples that span the equity, futures, fixed-income, and foreign exchange markets and shows how candlestick charting techniques can be used in almost any market. It has been thoroughly updated to include:
* New techniques and strategies
* The author’s concept of the Convergence (when a series of signals converge at one zone, thus increasing the chances for a market turn from that area)

This new edition broadens the book’s focus and all new updated charts, and information on several new areas such as day trading and how candlestick charting can be used to improve returns and help decrease market risk.

It includes everything from the basics, such as constructing the candlesticks and learning the patterns, to advanced topics, such as the rules of multiple technical techniques.

Whether you are new to candlestick charts or a seasoned pro-the reward will be immediate and long lasting.

Is a charting or technical analysis mechanism created by the Japanese, where the open and close forms a box called the body. If the close is greater than the open the box is white otherwise black. A narrow line extends above and below the body to the high and low.

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