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Gold/Mining/Energy : Day trading in Canada -- Ignore unavailable to you. Want to Upgrade?


To: keith massey who wrote (3463)6/26/1999 12:25:00 PM
From: keith massey  Read Replies (3) | Respond to of 4467
 
Recognizing candlestick formation in a given trend has now become the cornerstone of my trading. In one or two bars you can get a fairly good feel where the market is going. In addition, you can use them in combination with all the other TA standards (EMA, Fib., trendlines, Oscillators). There are no other indicators that can show a trend change as fast as candlesticks.

Some of the best books I have read on the subject are

Beyond Candlesticks: New Japanese Charting Techniques Revealed by Steve Nison
Japanese Candlestick Charting Techniques by Steve Nison
More Candlestick Charting Explained by Gregory Morris

If you can only buy one book I would recommend the beyond Candlesticks book by Nison and do some basic background reading on Candlesticks on the Internet.

I have found that ordering the book for Chapters.ca is far cheaper than buying it in the story. In the case of Nison book it was $108 in the store but was only $74 after tax and shipping on the net.

Some sites on the net that are worth taking a look at one the subject

intelligentspeculator.com
litwick.com
iqc.com

Best Regards
KEITH