Candlestick Charting Explained: Timeless Techniques for Trading Stocks and Futures

Rating:
Summary: Right idea poorly executed
Review: Mr. Morris did wonderful research on technical trading and clearly knows what the charts are about. Morris goes on to clearly discuss that the difference between using technical analysis and using it well is understanding the philosophy of the market, the specific pattern and the interpretation of that, not simply by saying yes this is a buy signal because of the specific pattern but rather because of the physicology behind it and feeling that went with it. He fails to execute what he claims he will do in his introduction. I would save your money and not waste trying to struggle to unearth whatever little advice Morris gives.

Rating:
Summary: WELL WRITTEN
Review: This book is an excellent reference for all the candlestick patterns. I like the fact that it has a pattern breakdown for every formation and also data on how well the patterns perform as far as accuracy at the end of the book. The descriptions are clear,concise and very well organized with great illustrations and psychological explanations behind the candlestick moves. I found this book an easier more understandable read than nison`s books on candlesticks and for less than half the price. I keep this book close by whenever i need to review a certain pattern, its very easy to flip through and find any of the formations since they are all neatly grouped by category, which i like. I think its the best.