The Power of Japanese Candlestick Charts: Advanced Filtering Techniques for Trading Stocks, Futures, and Forex

"Fred Tam′s new book is a welcome addition to the field of Japanese Candle Charting. This book has the same attributes as candle charts; they are both clear, concise, and give powerful insights. Whether you are new to candle charting or an expert, this book will arm you with the weapons needed to help you win your battle of the markets."
Steve Nison, CMT, President and Founder, Candlecharts.com

A comprehensive guide to profiting from candlestick charting techniques

Japanese candlestick charting is a time–tested and highly effective method for timing the market for short–term and long–term profits. With hundreds of illustrated charts taken from leading international companies, currencies, and commodities, noted author and futures trading expert Fred Tam demonstrates the predictive power of candlestick charting signals and how to properly integrate them with proven Western technical analysis techniques to maximize returns in any market.

The Power of Japanese Candlestick Charts explores the many advantages of the candlestick charting methodology, including:

Leading Indicator the ability to show reversal signals earlier than Western charting techniques Visual pictorial chart construction allows traders to immediately recognize buy and sell signals Versatile can be used alone or with Western technical analysis techniques Flexible can be used across any time dimension and with any market or multiple markets simultaneously

Candlestick charting is a proven methodology as a stand–alone market analysis tool, but Fred Tam contends that it is even more powerful when combined with trend analysis and technical indicators like Moving Average, RSI, Momentum, MACD, Stochastic, DMI, CCI, Percent R, Bollinger Bands, and Elliott Wave Theory. The Power of Japanese Candlestick Charts is a comprehensive and valuable guide to candlestick charting that is perfect for analysts, stock or day traders, and short–term position traders.

Preface
Acknowledgments
Part I. Basic Candlestick Techniques
Chapter 1 –– Introduction
Chapter 2 –– Single Candle Types
Chapter 3 –– The Umbrella Group
Chapter 4 –– Reversal Patterns
Chapter 5 –– Continuation Patters
Chapter 6 –– Summarizing Part I
 
Part II. Advanced Candlestick Techniques
Chapter 7 –– Filtering with Western Indicators
Chapter 8 –– P.I. System Trader
Chapter 9 –– Sakata′s Five Methods
Chapter 10 –– Computerized Candlestick Forecasting
Chapter 11 –– Conclusion : Facts about Candlesticks
 Reading List
Index

FRED K. H. TAM is a gold, silver, forex, stock indices, and stock trader for 30 years, and is the author of six books on the financial markets.

He is a full member of the Society of Technical Analysts, U.K., a Certified Financial Technician, and a Master of Financial Technical Analysis from IFTA. He is the first Malaysian to receive the MFTA award. Fred holds another Master of Philosophy (Technical Analysis) from Multimedia University, Cyberjaya, Malaysia. He also served as the principal lecturer of the Certificate in Financial Technical Analysis course at Open University Malaysia from 2007 to 2010. His students take the MSTA (UK) and CFTe (USA) exams, and passes have been impressive.

Fred uses a combination of Japanese candlestick and Western technical indicators to track the markets, and he has developed his own computerised trading system called the P.I. System Trader, which mimics candlestick reversal patterns and is excellent for trading fast–moving markets. He teaches and promotes technical analysis and makes speaking appearances in Indonesia, Singapore, as well as Malaysia. Mr Tam is now collaborating with Asia e University (AeU) to offer Malaysia′s first EMBA (Financial Technical Analysis) Course.
www.f1traderacademy.com