[Download Now] Greg Morris – Candlestick Charting Explained

One of the most popular tools in technical analysis is candlestick charting. Candlestick charts are explained. Features updated charts and analysis as well as new material on integrating Western charting analysis with Japanese candlestick analysis, grouping candlesticks into families, detecting and avoiding false signals, and more.

The classic Japanese candlestick reference, updated with all-new insights and tools to improve your predictive accuracy

Candlestick charts are explained. standardized, straightforward coverage of 89 powerful candlestick patterns takes subjectivity out of Japanese candlestick analysis. Inside you will learn about current trader behavior and how you can use it to improve your market knowledge and analytical precision.

In this revised and expanded third edition, candlestick expert Greg Morris updates his influential guidebook with valuable new material and patterns to give you:

• Thorough coverage of candlestick patterns to allow instant analysis of investor attitude and probable market direction
• Methods for integrating candlesticks with traditional Western charting analysis for enhanced signal verification
• Completely new section by Ryan Litchfield dedicated to “Trading with Candlesticks”
• Current insights into trader psychology, and how it impacts interactions between buyers and sellers

It explores traditional as well as all-new candlestick charts. Candlestick charts are explained. candlestick charting is a logical, understandable, and profitable component of your current trading program.

Empower your trading with Japanese candlestick charting

Japanese candlestick charts dramatically improve your understanding of short-term market sentiment, making you a much more informed and focused trader of stocks, futures, and indices. The top seller. Candlestick charts are explained. The key facts you need to know to apply each pattern to your trading are highlighted.

For each of 89 distinctive candle patterns, its standardized format provides you with:

• Commentary –Description of pattern and significance of its name, insights into unique features, and other concise explanation
• Rules of Recognition –Simple rules for quick, accurate identification along with precise, day-by-day descriptions of pattern development
• Scenarios and Psychology Behind the Pattern –Trading scenarios that could have led to the pattern’s development, with general discussion of the psychology of each day’s action
• Pattern Flexibility– Situations that change the pattern’s effectiveness with explanations of allowable deviations from the classic pattern
• Pattern Breakdown –Instructions for reducing the pattern to a single candle line and whether or not outside confirmation is suggested or unnecessary
• Related Patterns –Patterns that have similar formations, could be considered variations, or are a part of this pattern
• Example– A graphic example of the pattern to both aid in recognition and eliminate costly confusion in pattern identification

Different interpretations of candlesticks are presented by additional information and insights, improving signal reliability. The author’s unique candle pattern filtering concept, instrumental in answering the how question, is updated to utilize today’s larger universe of stock data. An all-new chapter provides practical application and perspective traders need to view candles in the context of a computer-driven marketplace.

Millions of traders use candlesticks to create and verify trading signals. Candlestick charts are explained. It’s the only book you need to start incorporating their proven effectiveness into your technical trading program.

About the Author

Gregory L. Morris. The PMFM Core Advantage Portfolio Trust mutual fund is managed by a portfolio manager. One of the world’s leading experts on candlestick charting, Morris is a consultant and the former CEO of MurphyMorris.com, which he and a partner founded and later sold to StockCharts.com. He is an author. There is a guide to market breadth indicators. He has spoken to thousands of traders and investors at industry conferences around the world.