Trading with Candlestick Charts: An Introduction

More and more contemporary traders and investors the world over use candlestick charts in preference to the traditional bar charts. That's because candlesticks are a fantastic way of figuring out both market direction and changes in price trends. Candlestick charts provide clearer and quicker answers to the trader's perennial question: "Who's controlling the market; the bulls or the bears?" than do most other technical methods.

In this easy-to-understand guide, Clive Lambert walks you through:

• What candlesticks are
• What candles reveal about the market's state of mind
• Major reversal and continuation patterns and, importantly, the psychology behind each one
• How using candlesticks in different time frames provides traders greater meaning and insight into the ongoing price action
• How to use candlesticks in conjunction with support and resistance
• Combining candlesticks with momentum for trading
• 10 golden rules of trading when using candlesticks.

This is a breezily written book about the methods and practical application of the ancient Japanese charting technique which is now in widespread use. It will benefit all investors, traders and market professionals, regardless of their level of experience, or the markets they invest in or trade.

"A well-written and, above all, practical guide to candlestick charting" The Technical Analyst, UK

"The use of amply-sized charts and diagrams brings the subject to life, while the explanations are nicely and diced into boxes and sub-sections that make the book easy (to use)" Investors Chronicle, UK Reviews

"Clive Lambert is one of the UK's leading experts in the use and application of Japanese candlestick chart analysis. I . . . greatly respect his depth of knowledge and the objectiveness it brings to his market strategies" Adam Sorab, Chairman, Society of Technical Analysts (STA), UK

"The use of amply-sized charts and diagrams brings the subject to life, while the explanations are nicely sliced and diced into boxes and sub-sections that make the book easy (to use)" Investors Chronicle, UK

"A well-written and, above all, practical guide to candlestick charting" The Technical Analyst, UK