by Stephen W. Bigalow
The art of using Japanese Candlestick charts as a means to finding potential investment ideas has often been considered to be an arcane, complicated process, to be used by only the most sophisticated investors. This has now changed. Mr. Bigalow has truly revealed all the “tricks of the trade” within this book and the companion website.
This book not only illustrates and explains every Candlestick signal investors need to know, but the underlying psychology that creates the signals in the first place is also revealed to the reader. But learning and knowing the signals, and understanding how the signals are created, are not of much use unless the investor also has a quick and easy way to FIND the signals on a regular basis. Using a very popular, inexpensive charting service, Mr. Bigalow shows how to set up the software filters so that thousands of stocks can be analyzed, and only the Candlestick charts with the highest profitability potential will be displayed. This search process can be done in a matter of minutes. To my knowledge, this has never been explained in any other book.
Mr. Bigalow goes on to explain how to use Candlesticks along with your other favorite technical analysis tools to enhance your trading, why Stochastics are the best single tool to use with Candlesticks, how to identify the “false” signals, how to maximize profits and minimize losses, and “The Ultimate Investment Program”, known to only a handful of sophisticated investors until now.