April 2008
Beginner to intermediate
358 pages
11h 48m
English
Content preview from Candlestick Charting For Dummies®
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There’s No Difference between Candlesticks and Bar Charts
If you’ve already read some of the material in this book, hopefully, you roll your eyes when you see this myth. Candlestick charts are far superior to ordinary bar charts, for a whole host of reasons:
Candlestick charts are aesthetically appealing.
They also feature patterns that can be easily discerned and used as the basis for profitable trading decisions.
Although the exact same price action shows up on bar charts, the dull presentation makes it difficult for you to pick up on the intricacies of the price movement.
There aren’t any exotic names for bar chart patterns. After you’re used to marubozus and dojis and haramis, how can you go back?
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