| The above describes the theme of a book by Melvin | | | | can't compete with. |
| Pasternak and it tells you the best 21, of over 100 | | | | The book explains the following: |
| candlestick patterns which you can see or use on a | | | | * About the candlesticks (21 formations) every |
| forex chart. If you love candlestick charting or you | | | | trader must know by name |
| want to learn, this book is a good place to start and | | | | * Discover the candlesticks that occur most often |
| at just $20.00 it's a steal. | | | | * Learn about the candlesticks that will immediately |
| Pasternak claims that by Knowing these 21 | | | | affect your trading decisions |
| formations traders can gain a trading edge. There are | | | | * Find out how to increase your accuracy and trade |
| those that occur most often and are more reliable | | | | with greater confidence. |
| and there are those that are warning signs of turning | | | | Candles combine well with other tools of technical |
| points. | | | | analysis such as support and resistance, moving |
| Why are Candlesticks Such a Great Trading Tool? | | | | average, and indicators such, stochastics, RSI, ADX |
| The reason lies in the fact that they paint a picture | | | | and MACD to name but a few. |
| on a chart. | | | | I think paternick's choice of candlestick patterns is |
| This give you a more visual illustration of human | | | | excellent and if you like the idea of candlestick |
| psychology than a bar chart ever can. Candlestick | | | | charting, or are trading with them already, then this |
| charts bring human emotion to life right before your | | | | book will appeal to you. |
| eyes and that's a good advantage to have, to initiate | | | | Candlestick charts have been used for thousands of |
| new positions or as a warning to cut and run! | | | | years and it's only in the eighties that they became |
| A Deep Insight into Human Psychology | | | | popular again and let's hope that they stay popular. |
| The answer can be found in the clear and | | | | There fun, easy to use, can give you a deep insight |
| straight-forward nature of the candlesticks | | | | into human psychology and if you are using forex |
| themselves-offering traders the ability to see the | | | | charts - that's just what you need. |
| bigger picture. | | | | 21 Candlesticks Every Trader Should Know, is 128 |
| Continuation patterns, reversal patterns, emerging | | | | pages, an easy read and at a price of just under $20 |
| trends, bottom and tops -- all of these insights come | | | | it's a bargain. |
| together in a way that other charting systems just | | | | |