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All postings and comments are based on my personal opinion. It is purely for sharing purpose and no inducement for any buying or selling.
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Monday, September 3, 2007

Looking into Candlestick

As a continuous enhancement to my technical skill, I've borrowed a book on candlestick from NLB on yesterday, titled "Trading Applications of Japanese Candlestick Charting" by Wagner & Bradley L. Matheny. I know sometime is kinda difficult to find a book on candlestick, so I've actually make a reservation for it.

After browsing through it, I found the book quite comprehensive, showing much more reversal pattern that I've seen from the website. I think it is worth borrowing and I've extended my borrowing even on the very day when collected it. This will give me more time to read to and understand it more thoroughly. I would like to learn more about its history, application and most importantly its formation, esp. the reversal patterns.

As I've been using candlestick for my charting, I think it is good to have a better understanding on it and if possible, master it. I strongly believe this will further enhance my technical skill.

If anyone has came across any other books on candlestick and think that it is very good, please let me know. Thanks.

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