PREFACE

After writing the third edition to Candlestick Charting Explained in 2006, I thought my candlestick writing days were over. Not so fast! After giving hundreds of lectures and presentations on the subject, I found that even though the book was quite thorough, many people still needed the academic approach to assist in their learning process. Moreover, I continue to witness a terrible misunderstanding about what candlesticks can offer a trader. I think this is so because some authors tend to overpromote their books and software, offering quick solutions to wealth. I don’t even want to go there with an opinion on what I think of that approach. There is no magic in candlesticks, there is no ancient wisdom to glean, and there is nothing in ...

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