The easy-to-use guide to interpreting candlestick charts and
Candlestick charts are an effective way of visualizing price
movements and, due to the increased interest in the complex
derivatives market, they are being used more and more widely. A
combination of a line-chart and a bar-chart, where each bar
represents the range of price movement over a given time interval,
candlestick charts are most often used in technical analysis of
equity and currency price patterns. A guide to the most used
charts, The Bloomberg Visual Guide to Candlestick Charting
is arranged in an easy-to-use manner, providing a quick reference
for those new to the field.
Candlestick charts are formed with the help of the opening,
high, low, and closing price of the day?if the opening price
is above the closing price then a filled candlestick is drawn, and
these charts are visual aids for decision making in forex, stock,
commodities, and options trading.
- Contains alphabetical explanations of over 200 candlestick and
- Includes daily charts of 50 companies, and six-month charts for
comparative explanations of candlesticks with Western-style
- Written by Michael C. Thomsett, author of over sixty books and
hundreds of articles, including the bestselling Getting Started
in Bonds, also published by Wiley
- Enhanced eBook editions offer video tutorials, test-yourself
quizzes, and full-color/interactive charts and graphs, available
for purchase separately.
A practical and concise resource for anyone new to this way of
representing derivatives, The Bloomberg Visual Guide to
Candlestick Charting presents sometimes confusing concepts in a
format that is easy to understand and digest.