A simple guide for using Japanese candlesticks correctly, and profitably Candlesticks have gotten a lot of attention lately, but few traders truly know how to use them wisely and profitably. Without the proper context, candlestick charting won't work. In this book, technical analysis expert Felipe Tudela shares candlestick creator Sokyu Honma's Great Market Cycle theory. With the Great Market Cycle, candlesticks reveal their powerful and simple logic and give traders the insight and context they need to use them successfully. Using these insights, readers will be able to trade each market phase in accordance with his or her own personal strategy. Felipe Tudela (Paris, France) is a researcher and specialist in technical analysis, as well as President of the Center of Financial Research in Paris.
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"...a variation on the usual approach to trading...managing to say something original on the subject...easy to read and clearly written." (The Technical Analyst, January 2008)
"The Secret Code of Japanese candlesticks is not just another candlestick book Rather, if you want to know Honma's Samni No Den of markets and the Sakata strategies for successful trading, then read this book. If you study the markets and implement the methods di9scussed here, you will profit from owning this book." - Thomas N. Bulkowski
"Felipe Tudela has provided an explanation and a meaning to Japanese candlestick chart analysis that heretofore has been lacking. This book is clear, concise and comprehensive. It is must reading for the beginner as well as the avid, experienced candlestick trader." - Tom DeMark
"Felipe Tudela's latest book combines one of the hottest tools for today's traders- Candlestick charting-with the time-tested strategies of Sokyu Honma's. This groundbreaking book is well researched with plenty of illustrations of how to implement this simple, yet powerful trading strategy. The techniques described by Felipe will help traders overcome the need to use subjective lagging indicators to help confirm signals derived from Candlestick patterns, which can often prove to be challenging. Instead, they will learn to use the market's own behavior to boost their trading performance. I highly recommend this book for any chartist. The cutting-edge techniques are right on the money!" - John Crane
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