Foreword

A smart hawk hides its claws.

Would you like to learn about the system of technical analysis, which 

which has been honed for centuries in the East, but remained almost unknown in the West until the end of the 20th century? 

unknown in the West?  With the system convenient, effective and so 

universal that it perfectly integrates with other technical tools? 

tools? If so, then this book is for you.

Not only are candlestick charts older than other types of stock charts 

bar or tic-tac-toe charts, they allow you 

better understand what's going on in the markets and more accurately predict 

of future price movements. They are also extremely interesting and even 

The expressive candlestick terms like "veil" and "candlestick" are fun in their own right. 

The expressive terms like "veil of dark clouds," "evening star," or 

"hanged."

Although numerous examples, which will be discussed below, 

are primarily concerned with the U.S. market, candlestick analysis can just as easily be applied to any other financial market. 

other financial instruments as well. You 

You can be an investor, a speculator or a hedger, trade in 

Stocks, futures, forex, commodities - the ability to recognize 

candlestick signals will be useful to you wherever technical analysis works.

Candlestick analysis can be used as an independent method 

or in addition to those technical tools to which you might already be accustomed. 

you might be used to. And if you've never seen 

I made a decision based on the fact that candlestick charts will be unknown to most of the readers, 

I assumed that most of the readers will be unfamiliar with them.

After reading the first part of this book, you will learn to find 

chart and correctly interpret over 50 types of candlesticks and their combinations 

(candlestick patterns).  After reading the second part, you will be able to combine 

different approaches to price forecasting to get the best 

prices to get the best results. It is unlikely that familiarity with the candlestick analysis will give you all the 

But it will definitely open up new horizons of trading and technical analysis 

From now on you'll be using the "light" of 

of Japanese candlesticks.