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Monday, March 30, 2009

Review : Forex Candlesticks Made Easy

The only way to keep up with the latest about Forex is to constantly stay on the lookout for new information. Here is a review made by John H. Anderson .

As simple as it seems, Forex Candlesticks Made Easy is an E-book authored by Christopher Lee teaching you the necessary concepts to understand the markets’ behavior / patterns and on how to base your decisions on the information you obtain.

Unlike most other Forex Products, Forex Candlesticks Made Easy wasn’t all hyped up and marketed too aggressively as you probably would have noticed on their site. In fact, just as its title depicts, its something simple yet concrete guide for its users. For those that just started their trading journey, this E-book would probably be a great resource to build your foundations on. For those who have been trading for ages, its a wonderful recap on important concepts commonly forgotten and of course not to mention the new strategies in it which I find to be usable in almost any markets out there!

The author Christopher Lee has been a retail trader for around 5 years. His insights on candlesticks analysis has been gained from many trading seminars he attended, his personal techniques, refinements and observations.

Most of this information comes straight from the Forex pros. Careful reading to the end virtually guarantees that you'll know what they know.

I have always felt that Japanese candlestick charts gives more information about price movements as opposed to bar charts. However the problem that most people have with candlesticks is the complexity of its analysis. If you are facing this difficulty or have never used candlesticks because of its complexity, this E-book by Chris is a MUST read.

In Forex Candlesticks Made Easy, Chris explains in an extremely concise and comprehensive manner, the basics and advance techniques of candlestick patterns and trends. The transition between the basics and advance techniques was done smoothly, which I felt was very beneficial to traders facing difficulty in candlesticks analysis.

He explains in great depth about the candle patterns which are commonly overlooked by most traders which results in them placing low win-probability trades.

I simply love literature that teaches concepts and then the application of the concepts in the right time and place to make a profit as opposed to trading robots and ready developed “trading system”. Equipped with the concepts Chris taught in Forex Candlesticks Made Easy, devising your own successful trading system would be a breeze rather than using trading systems devised by others. Its just like in hunting, would you prefer someone to hand you the game or the gun? I, for one would prefer the gun …



There's no doubt that the topic of Forex can be fascinating. Download Forex Candlesticks Made Easy now.

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