Steve Neeson, worked for many years as an analyst at the largest exchange firm “Merrill Lynch” and the author Books “Japanese candles: graphical analysis of financial markets”, the long-standing bestseller, presents his new work “Beyond Japanese Candlesticks”.
Explaining key terms and concepts, Neeson will teach the reader the tricks of reading candlestick charts, will show you how to open and close a position correctly using this tool.
The author examines in detail such an important point., as a place of occurrence of candlestick patterns, explains how to use in technical analysis charts Renko and Kagi.
Whereas the first book focused heavily on short-term charts, now the author is putting more emphasis on longer-term periods. And there is a simple explanation for this, in – the former on longer time intervals, candlestick charts perform even better, and secondly, the longer the time period, the higher the potential profit.
The book is well illustrated with many examples., taken from real trade, and contains a detailed explanation of almost all candlestick patterns.