Introduction ay
to educate you on all the eandle pattems and techniques but to show you
how to recognize and use the more important and widely used candle signals.
Most. tmportant, the book offers a way to quantify your understanding of the
basic concepts and prinetples.
‘Keep in mind that the tools addressed in the course should be only a part
of your analysis. If you have favorite Western tools, such as volume or mov-
ing averages, stay with them, and add the candle charting techniques to your
analysis
Fach chapter contains sections that include learning goals, key terms,
discussions for hands-on application, and questions, Please use the questions
at the end of each section to check your understanding of the matertal pre-
sented. To maximize the effectiveness of this workbook, I've used a spectrum
of questions, from multiple-choice to exhibits and real-world chart. exam-
ples, While the questions may be short, many of the answers are lenglliy so as
to ald understanding, Don't sicim through the answers, they are designed to
be another avenue of education. The more time you spend absorbing the dis-
cussions and applying what you've learned by answering the questions, the
more effective (think prafitabte) your decisions will be in the real financial
world.
Chapters One, Two, and Three desertbe how to recognize the candle sig-
nals, how to use them to gauge if the trend is changing, and questions and an-
swers are given at the end of each seetion.
Chapter Four has practical appleations of the prinetples discussed in
the earlier chapters, as well as trading guidelines
Chapter Five ts unique: We take a five-month daily chart and disseet that
chart a day, or a fow days, at atime,
In Chapter Six we brings all together, with charts and related questions
to provide real-world, hands-on practice,
A visual glossary of candlestick terms appears at the end of the book.
Chapters One to Three include Side Lights and Key Points. The Side
Lights detail interesting facts or added information. The Key Points are an-
swers to the questions Iam most frequently asked at my sominars,
A Japanese proverb states, “The depth of the foundation determunes the
height of the wall." The Candlestéck Course provides a foundation of knowl-
edge for immediately harnessing the power of candle charts and willserve as
asolld foundation for all your future work with candle charts