The book “Power of Japanese Candlestick Charts” by Fred Tam is a great book that teaches you the various candlestick patterns you may see in the Forex Chart.
This book comes with several key candle stick patterns and their definitions.
I paid $106 for this book, Forex books are usually like that, expensive. However I consider it an investment for all it takes is just one candle stick pattern to pay this book off if you’re risking the right amount.
I’ve read a lot of Forex books in the past and this book contains most of the candle stick patterns you’ll see out there.
The key difference between this book and other candle stick books out there is that it comes with a 3 step approach to identifying this pattern. You first see the first candle stick which is the signal, then the second candle stick would be the confirmation and then the third candle stick would be your entry point.
Most books simply show you a picture of the candle stick with it’s definition but this book gives you the 3 step approach to identifying it.
I think this book is really easy to ready, the layout is in landscape and it’s very easy to identify each candle stick.
It’s very comprehensive and this book acts as a quick reference to spotting the candle stick patters in the market. It’s very useful to pull out and look up the different types of candle sticks.
Anyway, if you’re starting to learn how to trade forex, this book would be an excellent companion to learning the different candle stick patterns in the market.
Stay Strong and Be Relentless.