forex candlesticks made easy / forex candlesticks made easy

forex candlesticks made easy  / forex candlesticks made easy

forex candlesticks made easy  :  http://tinyurl.com/jpen2hj



The below shows the illustration of the e-book “Forex Candlestick Made Easy”, written by Chris Lee. There are many older versions available and I suggest you get the latest version because Chris has made many changes since his first edition.
Why is this book so different?” You may ask. Let me tell you why. Firstly, I consider myself as a self-learned trader. I have read many books on trading and investing. I was once like you, trying to learn about the “Holy Grail” method of candlestick patterns. I was inundated with candlestick pattern terms like morning star pattern, engulfing pattern, doji bar, hammer bar, hanging man bar and even three white soldiers pattern. Whatever you have read, I assure you that I have read it and I have heard them before too.

Chris sets himself differently by first telling us that there is no need to know these terms! Frankly, as a trader, I never had to use those terms unless I am writing. Remember, our goal in trading is to capture profits and not to learn jargon! Be clear about that!

forex candlesticks made easy  :  http://tinyurl.com/jpen2hj


Chris helps you solve this problem by explaining to you the fundamental logic and the psychology behind the reading of candlesticks, so that you do not have to memorize the pattern names! He first teaches you the basic on how to read a candlestick bar. He then further explores the concept and the logic behind a solitude candlestick. He then analyses multiple candlesticks as a group that he calls it as “analysis of candlesticks in relative background context”.

Chris then went on to analyze with you how candlesticks can be a reflection of the market momentum. He even teaches you when candlestick analysis will fail and cannot be used, which many people are not even aware of!

One concept that stood out most is the “anchor bar concept”. Let me explain briefly. Anchor bar concept is where you have to spot and identify the correct bullish bar in an uptrend or a bearish bar in a downtrend. These anchors serve as demand support zone and supply resistance zone respectively. Chris uses his unique concept of anchor bars to determine the demand and supply zones. These zones are the price zones where once broken, the trend will most likely change.

forex candlesticks made easy  :  http://tinyurl.com/jpen2hj



He even went on to teach you how you can accurately set your stop loss orders. His way of setting stop loss orders was done in such a way that when it is hit, the trend will most likely change and there is no reason for you to hold on to your trade in any way. Chris anchor bar concept also helps you determine the precise buy points with low risk of immediate reversal against you while yielding high probability for wins. Below shows a snippet of Chris’s anchor bar concept page on his e-book. Contents were deliberately blocked to protect his privacy and rights.
I especially love “Forex Candlestick Made Easy”  because it really simplifies candlestick learning to its minimal and yet preserving the most important essence, which is the psychology of demand and supply illustrated behind the candlestick patterns. Many other books out there mainly focus on candlestick pattern names. If you are lucky, there may even be some bonus gibberish contents in order to make the book go beyond 100 pages so that your money seems worthwhile. Chris’s  “Forex Candlestick Made Easy” has about 60 odd pages and the contents are specific and concise. He even has some tutorials within the e-book for you to practice your candlestick reading skills.

forex candlesticks made easy  :  http://tinyurl.com/jpen2hj

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