Quote from gotta_trade:
Hi,
Can ET members please post links and/or resources that provide education regarding Japanese Candlesticks? (preferably websites).
At this point, I am looking for basic information, so I can start building a solid foundation.
I am aware of the "search" feature. I am just asking for additional current information and views regarding this subject.
Please post all info. I will research all of the recommended resources.
Thank You,
gotta_trade
Hi gottatrade,
You already know about the Trading Hammers (revisited) thread and its about as current as you can get...
http://www.elitetrader.com/vb/showthread.php?threadid=52880
Yet...here are my favorite resources for
basic information about Japanese Candlesticks.
Books
* Stephan Bigalow
- High Profit Candlestick Patterns
- Profitable Candlestick Charting
* Steve Nison
- Japanese Candlestick Charting Techniques, 2nd Edition
Also, steve has a website...
http://www.candlecharts.com
* Gregory Morris
- Candlestick Charting Explained: Timeless Techniques for Trading Stocks and Futures 2nd Edition
Websites
* Investopedia.com
http://www.investopedia.com/articles/technical/02/121702.asp
* Hotcandlestick.com
They have their own scanners and give daily pattern scan results.
-
http://www.hotcandlestick.com
There are other websites out there like them but they are all usually orientated towards stock scans.
For example via a random pick after doing a quick Google search...
http://www.litwick.com/
http://www.trader-soft.com/japanese-candlestick/
* Traderslog.com
- They give examples on how to use the intraday chart to enter trades in which the pattern signal occurred on the daily chart.
They also do the same on how to use the daily chart to enter trades in which the pattern signal occurred on the weekly chart.
http://www.traderslog.com/Japanese-Candlesticks.htm
* Stocks & Commodities Magazine
- There are some good basic articles in some of there issues over the past years...
http://search.store.yahoo.com/cgi-b...derscom&catalog=traderscom&query=Candlesticks
All the above will give you a solid
basic understanding of what exactly is Japanese Candlesticks along with definitions of the patterns.
Hopefully something from the above will spark an idea for you and take you to that next level of understanding candlestick patterns...
Application.
Mark
(a.k.a.
NihabaAshi) Japanese Candlestick term
