Autorentext

Larissa J. Adamiec, PhD, is a finance academic who founded Stuart Investments equity fund and has taught trading and candlestick analysis at Chicago-area universities since 2006. Her professional experience spans fixed income, derivatives, and foreign exchange. Russell Rhoads, PhD, is the author of the previous editions.

Klappentext

An updated, easy-to-read guide that walks you through the basics-and beyond-of candlestick trading strategies Interested in decoding the language of the markets one candle at a time? In the latest edition of Candlestick Charting For Dummies, veteran finance professional and educator Larissa Adamiec walks you through the ins and outs of trading on a variety of platforms using the latest candlestick charting techniques. The book breaks down the most effective strategies with clear explanations, real-world examples, and detailed breakdowns of new regulations and software updates. You'll learn to master risk-reward strategies and harness newly available AI-powered insights to help you trade stocks, options, and crypto. You'll also find:

• Specific guidance for using new AI tools on a variety of online platforms to supercharge your performance
• Brand-new examples of real-world trading specifically designed to help beginning investors get their feet wet in the markets
• Step-by-step instructions for reading candlestick patterns, trendspotting, and avoiding mistakes Candlestick Charting For Dummies explains how to read the market's story and act on it with precision and confidence before anyone else. It's perfect for beginning traders, as well as those with a little bit of experience under their belts who want to brush up on their skills and check out the latest trading strategy updates.

Inhalt

Introduction 1

Part 1: Getting Familiar with Candlestick Charting and Technical Analysis 5

Chapter 1: Understanding Charting and Where Candlesticks Fit In 7

Chapter 2: Getting to Know Candlestick Charts 17

Chapter 3: Building a Base of Candlestick Chart Knowledge 31

Chapter 4: Using Artificial Intelligence with Candlestick Charting 49

Part 2: Working with Simple Candlestick Patterns 61

Chapter 5: Working with Straightforward Single-Stick Patterns 63

Chapter 6: Single-Stick Patterns That Depend on Market Context 85

Chapter 7: Working with Bullish Double-Stick Patterns 109

Chapter 8: Using Bearish Double-Stick Patterns 137

Part 3: Making the Most of Complex Patterns. 165

Chapter 9: Getting the Hang of Bullish Three-Stick Patterns 167

Chapter 10: Trading with Bearish Three-Stick Patterns 197

Part 4: Combining Patterns and Indicators 225

Chapter 11: Using Technical Indicators to Complement Your Candlestick Charts 227

Chapter 12: Buy Indicators and Bullish Reversal Candlestick Patterns 247

Chapter 13: Sell Indicators and Bearish Reversal Candlestick Patterns 257

Chapter 14: Using Technical Indicators Alongside Bullish-Trending Candlestick Patterns 267

Chapter 15: Combining Technical Indicators and Bearish-Trending Candlestick Patterns 279

Chapter 16: Combining Economic Indicators and Bullish-Trending Candlestick Patterns 289

Chapter 17: Combining Economic Indicators and Bearish-Trending Candlestick Patterns 299

Part 5: The Part of Tens 309

Chapter 18: Ten Myths about Charting, Trading, and Candlesticks 311

Chapter 19: Ten Tips to Remember about Technical Analysis 317

Index 323