Tam - The power of Japanese candlestick charts: advanced filtering techniques for trading stocks, futures and Forex

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Copyright 2015 by John Wiley & Sons Singapore Pte. Ltd.

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First edition published by Pelanduk Publications in 2001.

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ISBN 978-1-118-73294-6 (ePDF)
ISBN 978-1-118-73295-3 (ePub)
ISBN 978-1-118-77714-5 (o-Book)

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T his book is about applying the popular time-tested Japanese candlestick technique to spot market turning points. After all, making money from the markets is all about predicting correctly when the market is about to turn, and the Japanese candlestick technique does this job superbly.

I find the candlestick technique very applicable for trading actively traded financial instruments such as stock indices, foreign exchange (forex), commodities futures, and stocks. This is because most, if not all, financial instruments tend to exhibit short-term rallies only to be followed by short-term corrections regardless of their time frames. Their trading cycle ranges from 5 to 15 candles (see ).