An updated, easy-to-read guide that walks you through the basics—and beyond—of candlestick trading strategies
Interested in decoding the language of the markets one candle at a time?
In the latest edition of Candlestick Charting For Dummies, veteran finance professional and educator Larissa Adamiec walks you through the ins and outs of trading on a variety of platforms using the latest candlestick charting techniques. The book breaks down the most effective strategies with clear explanations, real-world examples, and detailed breakdowns of new regulations and software updates.
You’ll learn to master risk-reward strategies and harness newly available AI-powered insights to help you trade stocks, options, and crypto. You’ll also find:
- Specific guidance for using new AI tools on a variety of online platforms to supercharge your performance
- Brand-new examples of real-world trading specifically designed to help beginning investors get their feet wet in the markets
- Step-by-step instructions for reading candlestick patterns, trendspotting, and avoiding mistakes
Candlestick Charting For Dummies explains how to read the market’s story and act on it with precision and confidence before anyone else. It’s perfect for beginning traders, as well as those with a little bit of experience under their belts who want to brush up on their skills and check out the latest trading strategy updates.
Table of Contents:
Introduction 1
Part 1: Getting Familiar with Candlestick Charting and Technical Analysis 5
CHAPTER 1: Understanding Charting and Where Candlesticks Fit In 7
CHAPTER 2: Getting to Know Candlestick Charts 17
CHAPTER 3: Building a Base of Candlestick Chart Knowledge 31
CHAPTER 4: Using Artificial Intelligence with Candlestick Charting 49
Part 2: Working with Simple Candlestick Patterns 61
CHAPTER 5: Working with Straightforward Single-Stick Patterns 63
CHAPTER 6: Single-Stick Patterns That Depend on Market Context 85
CHAPTER 7: Working with Bullish Double-Stick Patterns 109
CHAPTER 8: Using Bearish Double-Stick Patterns 137
Part 3: Making the Most of Complex Patterns 165
CHAPTER 9: Getting the Hang of Bullish Three-Stick Patterns 167
CHAPTER 10: Trading with Bearish Three-Stick Patterns 197
Part 4: Combining Patterns and Indicators 225
CHAPTER 11: Using Technical Indicators to Complement Your Candlestick Charts 227
CHAPTER 12: Buy Indicators and Bullish Reversal Candlestick Patterns 247
CHAPTER 13: Sell Indicators and Bearish Reversal Candlestick Patterns 257
CHAPTER 14: Using Technical Indicators Alongside Bullish-Trending Candlestick Patterns 267
CHAPTER 15: Combining Technical Indicators and Bearish-Trending Candlestick Patterns 279
CHAPTER 16: Combining Economic Indicators and Bullish-Trending Candlestick Patterns 289
CHAPTER 17: Combining Economic Indicators and Bearish-Trending Candlestick Patterns 299
Part 5: The Part of Tens 309
CHAPTER 18: Ten Myths about Charting, Trading, and Candlesticks 311
CHAPTER 19: Ten Tips to Remember about Technical Analysis 317
Index 323
About the Author :
Larissa J. Adamiec, PhD, is a finance academic who founded Stuart Investments equity fund and has taught trading and candlestick analysis at Chicago-area universities since 2006. Her professional experience spans fixed income, derivatives, and foreign exchange.
Russell Rhoads, PhD, is the author of the previous editions.
