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  • MediaDB / «Japanese Candlesticks: Graphic Analysis of Financial Markets" Steve Nison: download fb2, read online

    About the book: 2016 / About the system of technical analysis, which is well known in the East, but in the West is only timidly studied by the most daring of innovators. About the skills of recognizing candlestick signals and candlestick analysis as an independent forecasting method. The ability to “read” candlestick charts is a most valuable skill for any person trading on the stock exchange or the Forex currency market. Based on the shape of an individual candle, the moment of its occurrence and the combination that it forms with neighboring elements, it is possible with high probability to predict further market movements, identify trend reversal points, find confirmation of signals from other indicators, and therefore enter into transactions exactly when necessary, avoiding errors. And there is no magic in this - just centuries-old observations of the psychology of traders. Once upon a time, Steve Nison was the first to tell the Western world about Japanese candlesticks in an accessible form and with numerous examples. Here is an updated edition of his classic book, addressed to both trading beginners and professionals.