Conventions Used in This Book
To help you navigate this book, I use the following conventions throughout:
Italics are used for emphasis and to highlight new words that are presented with easy-to-understand definitions.
Boldfaced text is used to indicate key words in lists.
Monofont is used for Web addresses.
I make an effort to use as many examples as possible in the text, and each and every example I present is one that I found while searching through actual charts. I did that to show you not only how common it is to come across these candlestick patterns in everyday trading, but also how eminently possible it is to use them in live trades. They’re out there, and they’re waiting for you to harness their power!
Also, with each new candlestick pattern that I introduce, I present at least one case where it succeeds in producing a useful signal and one where it produces a dud. Candlesticks are terrific, but they’re not perfect, and recognizing the failure of a signal is just as important as picking up on a valid signal.