There are more and more candlestick chapters in many trading books, but Profitable Candlestick Trading explains this somewhat "cloudy" subject with a new clarity. I've read over 2 dozen trading books, some devoted only to candlesticks, others that gloss over the subject with a few pictures. Frankly, it's hard to trust your hard earned money when you just don't fully understand candlesticks.
However with this book, each candlestick pattern's description is well thought out, with the "market psychology" stepped through from last trend into the reversal pattern and then the confirmation. Using concepts in this book, and combined with what I've picked up elsewhere, I have turned the corner from barely being profitable to consistently making great trades.
Other books may go more into depth about the origins of Candlesticks, but choose this book if you want to apply Candlesticks quickly and easily into your arsenal of trading tactics. Also, candlestick techniques can be applied to all charts, not just equities.
This review is the subjective opinion of an ourinterestingworld member and not of ourinterestingworld LLC
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