Bloomberg Visual Guide to Candlestick Charting : [PDF Download]

PDF Title:Bloomberg Visual Guide to Candlestick Charting
Author:Michael C. Thomsett
Publisher:Bloomberg Press
Total Page:386 Pages
PDF Size:13.1 MB
PDF Link:Read and Download


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Bloomberg Visual Guide to Candlestick Charting- Download PDF Book:

“Most traders understand that no system can provide complete accuracy. All signals fail some of the time, and some may even provide opposite indicators based on what follows. One purpose of this book is to present the various types of candlestick formations and to demonstrate how interpretation is supposed to take place.

This means checking for confirmation as well as understanding the degree of reliability to a particular indicator. Traders using multiple disciplines (Eastern as well as Western technical analysis) may expect to improve their reading of charts and, as a result, an improved level of timing.

This means that the accuracy of entry and exit will also improve, but no one will pinpoint the perfect entry and exit all the time. If a trader is able to increase the percentage of well-timed decisions, then overall improvement in trading experience results.”

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