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Japanese candle stick

 
 
Reply Sun 4 Oct, 2009 11:26 pm
Hi everybody, I"d love to learn more about Japanese candle sticks and master
them if I can. I read on the net but need more to know.

I wonder if any of you guys could help me find some useful top of books.

Thanks for any idea.
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Type: Discussion • Score: 0 • Views: 733 • Replies: 2
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farmerman
 
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Reply Mon 5 Oct, 2009 04:58 am
@navigator,
Not being a market analyst or playing one on tv, I googled Jpanese Candlestick market analysis and came up with perhaps 10 book titles. Cant reccomend any one , hope a mtrader calls in. Ill be reading along
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ebrown p
 
  1  
Reply Mon 5 Oct, 2009 05:58 am
@navigator,
First of all, technical analysis of stocks is a suckers game. Research has shown it is basically a fraud with as much validity as tarot cards or a Ouija board.

If you want to maximize your performance in the stock market, you should be learning about telling the financial strength of companies and markets. Being able to read and understand financial statements is a far more worthwhile exercise rather than pseudo-mathematical palmistry.

That being said, I read the google pages on "japanese candlesticks". It doesn't seem like there is much there. You learn a couple of patterns to look for, and then choose stocks based on this.
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