Beyond Japanese Candlesticks: New Japanese Methods of Graphic Analysis
Candlestick charts are the most common tool for technical analysis in Japan. Compared to bar charts, candlesticks provide a more accurate and detailed picture of the market, visually reflecting the current supply and demand dynamics, showing not only direction but...
also the strength of movement. They can help identify signs of an upcoming reversal within 1-3 sessions and allow for more precise timing of trade execution. This book reveals the secrets of using candlestick charts, mastered by the Japanese, and demonstrates how to deepen one's own market understanding through Japanese techniques.
Candlestick charts are the most common tool for technical analysis in Japan. Compared to bar charts, candlesticks provide a more accurate and detailed picture of the market, visually reflecting the current supply and demand dynamics, showing not only direction but also the strength of movement. They can help identify signs of an upcoming reversal within 1-3 sessions and allow for more precise timing of trade execution. This book reveals the secrets of using candlestick charts, mastered by the Japanese, and demonstrates how to deepen one's own market understanding through Japanese techniques.
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