Candlestick Charting Basics (audio)(1).pdf

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Candlestick Charting Basics
Candlestick Charting Basics:
Spotting the Early Reversals Signals
By
Steve Nison, CMT
President, Candlecharts.com Inc.
555 Route 18 South PMB 2000 East Brunswick, NJ 08816 USA
Telephone: 732-254-8660 Facsimile: 732-390-6625
Web site: www.candlecharts.com E–mail: nison@candlecharts.com
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Media Comments
“Japan's Candlesticks Light Traders' Path”
--- Wall Street Journal
“Whether you day trade or hold positions candlesticks are a
must” --- Investors Library
“Candlesticks: A New Light in Technical Analysis” --- Barron’s
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Constructing the Candle Line
high
Shadow
close
open
Real
Body
open
close
low
Real Bodies / Shadows
Doji
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Drawing Candle Lines
session open high low close
28
1
23 26
21 25
27
2 26 28 23 27
26
25
3 23 27 22 22
24
4 25 28 22 25
23
5 27 27 25 25
22
21
1 2 3 4 5
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Drawing Candle Lines
session open high low close
28
1
23 26
21 25
27
2 26 28 23 27
26
25
3 23 27 22 22
24
4 25 28 22 25
23
5 27 27 25 25
22
21
1 2 3 4 5
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