Chapter 1

Understanding Charting and Where Candlesticks Fit In

In This Chapter

bullet Taking a look at options for charting and why candlesticks are superior

bullet Making sense of candlestick construction

bullet Exploring the wide variety of candlestick patterns

bullet Using technical analysis alongside your candlestick charts

bullet Understanding a few trading and investing basics

The advent of the Internet has leveled the playing field for securities traders. Access to markets once meant placing orders through a broker, and now it’s little more than a couple of mouse clicks away. Commission rates are dramatically lower, and access to market information is now in many cases free. Getting into securities trading is now easier than it ever has been, and the result is a whole generation of investors and traders that handle their finances without professional help. Technology allows these people to enjoy many new types of market information, and one of the best tools available is candlestick charting.

Candlestick charting ...

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