Best book for interpreting candle sticks???
Looking for a book that teaches you how to interpret candle sticks.
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While you're at it, why not ask for books on Tarot cards, palm reading, and astrology? LOL HAHAHAHAHAHA
(and yes, I know what you're referring to...technicals are mostly useless...)
Why be a dick head on an internet blog. Answer the question or go fuck off somewhere else.
I am interested in learning about candle stick interpretation in order to round my perspectives and diversify my trading acumen.
Not really that funny....... but, continue to have a blast giggling about your own jokes while drooling on yourself. Let me recommended you a book, "how not to be another Ivy league cock sucking virgin." And no, I have never read it myself.
I've found candlesticks, and technicals in general, to be relatively useless. They're a classic example of people deluded by confirmation bias.
And Mr. First Year Analyst, don't be jealous of us who have more free time than you and actually use it to fuck chicks. You also seem to have something against ivy league kids.
The anonymity of this board cuts both ways. I would tell you verbatim what I said to your face; doubt you would tell me to fuck off to my face... Note that my reply was more a derision of candlesticks and not really an attack on you; way to make something unpersonal, personal. You're obviously somewhat insecure.
Alex, I like you and you usually give some good info/feedback but you're completely wrong on this one.
Best book ever written on the subject, widely considered the candlestick bible:
Japanese Candlestick Charting Techniques, Second Edition
Thanks man. Looks great.
I second that. Very useful book. I know in fact many crude traders use it
Third
I know this looks ridiculous but I hear this is worthwhile: http://candlestickcrashcourse.com/ I would start with Eddie's book however.
I started with Murphy and a few YouTube vids. However, the Nison book that Eddie recommended is unparalleled. I should try and get my hands on it during reading week.
OP: You can easily download the nison book if u lrn2google.
I used this one for my technical analysis class ...i hope it helps.
http://www.amazon.com/Technical-Analysis-Works-Institute-Finance/dp/073…
[quote=donkeyBusiness730]I used this one for my technical analysis class ...i hope it helps.
http://www.amazon.com/Technical-Analysis-Works-Institute-Finance/dp/073…]
You had a class on technical analysis?
It seems that Baruch is the only school that offers such a course.
Yea ....Its a great class too.
I'd recommend Harry Potter and the Deathly Hallows
Chamber of Secrets seems better.
Nison is the candlestick chart guru so Eddie's rec would be your best bet.
but...
I must agree with Alex, the majority of technical analysis is useless. Techs attempt to evaluate and predict future prices instead of observing market action. In other words you should ask yourself "why did this happen" not "If this happens I'm going to do this". Take for example the RSI indicator states cotton is "overbought" all the while the market is moving limit up evey other day. I dare you pick a top and short cotton because the indicator told you to. That is just my cents but hey, if it works for your trading style AND your profitable... more power to you.
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