Learn how to read candlestick charts and interpret candlestick patterns with this easy-to-use enhanced eBook visual guide, complete with test yourself quizzes and video tutorials Candlestick charts are an effective way of visualizing price movements and, due to the increased interest in the complex derivatives market, they are being used more and more widely.
A media rich and highly visual guide to the most used charts, Bloomberg Visual Guide to Candlestick Charting Enhanced Edition is arranged in an easy-to-use manner, providing a quick reference for savvy investors and traders looking to brush up and those new to the field learning the intricacies of these vital tools for the first time.
As an enhanced eBook, Bloomberg Visual Guide to Candlestick Charting features a slew of exciting additional features designed to provide a more immersive learning experience. These include "Test Yourself" sections that click through to answer keys to help you measure your comprehension of the material, as well as video lessons with author Michael C. Thomsett incorporating animated charts to bring candlestick charting techniques to life.
- Contains alphabetical explanations of over 200 candlestick charts and related terms
- Includes daily charts of 50 companies, and six-month charts for comparative explanations of candlesticks with Western-style technical indicators
- Written by Michael C. Thomsett, author of over sixty books and hundreds of articles, including the bestselling Getting Started in Bonds, also published by Wiley
- Features enhanced eBook features to test yourself on key concepts, gain a deeper understanding of chart patterns through detailed and captioned color graphics, and learn hands-on through video tutorials
A practical and concise resource for anyone new to this way of representing derivatives, Bloomberg Visual Guide to Candlestick Charting Enhanced Edition presents sometimes confusing concepts in a format that is easy to understand and digest, with enhanced ebook features that make learning a cinch.
Table of Contents:
Introduction: The Value of Candlestick Charting vii Chapter 1: Types of Charts 1
Chapter 2: The History of Candlesticks 11
An Era of Commerce and Growth 11
The God of the Markets 12
Candlesticks Come to America 13
Chapter 3: Candlesticks and Their Attributes 15
The Importance of Long Candlesticks 18
The Opposite: The Extremely Narrow-Range Session 18
Attributes Missing in Candlestick Analysis 19
Chapter 4: Pitfalls of Candlesticks 21
Chapter 5: Confirmation 29
Chapter 6: The Six Basic Candlesticks 31
Chapter 7: Candlestick Alphabetical Entries 36
Chapter 8: Noncandlestick Confirmation Indicators and Terms 246
Appendix: Bloomberg Functionality Cheat Sheet 370
Bibliography 371
Index 372
About the Author :
Michael C. Thomsett is a financial writer with over sixty books and hundreds of articles to his credit, including the eight editions of Getting Started in Options, as well as Getting Started in Swing Trading, Getting Started in Fundamental Analysis, Getting Started in Property Flipping, and Getting Started in Rental Income. He has been a management consultant in the securities industries and is an active options trader.