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MASTERING CANDLESTICKS AND CHART PATTERNS IN SIMPLEST WAY

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MASTERING CANDLESTICKS AND CHART PATTERNS IN SIMPLEST WAY

Autor BIDYUT NARAYAN DAS

Every candlestick on your screen tells a lie. Or rather, it tells a story filtered through fear, greed, hope, and regret. A green body does not guarantee tomorrow's rally, and a long upper wick is not merely a "rejection of price" ... celý popis

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Anotace knihy

Every candlestick on your screen tells a lie. Or rather, it tells a story filtered through fear, greed, hope, and regret. A green body does not guarantee tomorrow's rally, and a long upper wick is not merely a "rejection of price"-it is the physical scar of a battle where bulls charged and bears ambushed.
I wrote this book because I grew tired of lagging indicators and noisy oscillators. After two decades of watching screens, I realized that price does not move because of a moving average crossover. Price moves because of human nature. And human nature-the rush of the breakout, the panic of the stop-loss-has not changed in four hundred years.
It was the Japanese rice trader Munehisa Homma who first realized that to understand the market, you must understand the psychology of the crowd. The candlesticks he invented are not just data points; they are X-rays of the market's soul.
This book is a practical guide to reading those X-rays. We will strip away the complexity. You will learn why a single Doji can signal exhaustion, why a Three White Soldiers march is rarely a trap, and how to spot a Head and Shoulders top before the neckline breaks.
But more importantly, you will learn to trust what you see. By the time you finish the final chapter on complex pattern combinations, you will no longer ask, "What do I hope happens?" Instead, you will ask, "What is the market telling me right now?"
Let's learn to listen.
Let's begin.
With kind regards
Bidyut Narayan Das

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