Learn the 21 key candles and you should improve your trading performance no matter if your time frame is several weeks or several hours. Once could easily ask, why do candlesticks continue to gain such power in the market? The answer can be found in the clear and straight-forward nature of the candlesticks themselves--offering traders the ability to see the bigger picture. Continuation patterns, reversal patterns, emerging trends, bottom and tops--all of these insights manifest in a way that other charting systems just can't compete with. And from an array of nearly 100 charts, Dr. Pasternak has chosen the 21 most important ones.
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Dr. Melvin Pasternak has studied and traded the stock market for more than 40 years, having made his first trade in 1961. For more than a decade he taught classes in technical analysis for TD Waterhouse and also instructed stock market classes at the college level for many years. Melvin holds both Pd.D. and M.B.A. degrees and writes a trading oriented newsletter called the Swing Trader at www.streetauthority.com. Dr. Pasternak is a regular technical analysis commentator for CBC radio, Canada's national radio station. His stock-picking methods have been profiled in several newspaper articles. Dr. Pasternak actively trades his own account where the methods described in this book for a key part of his decision making. In his best year, he multiplied his account several hundred percent and completed more than 80% of his trades profitably.
Learn the 21 key candles and you should improve your trading performance no matter if your time frame is several weeks or several hours. Once could easily ask, why do candlesticks continue to gain such power in the market? The answer can be found in the clear and straight-forward nature of the candlesticks themselves--offering traders the ability to see the bigger picture. Continuation patterns, reversal patterns, emerging trends, bottom and tops--all of these insights manifest in a way that other charting systems just can't compete with. And from an array of nearly 100 charts, Dr. Pasternak has chosen the 21 most important ones.
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