Candlestick Charting Explained features updated charts and analysis as well as new material on integrating Western charting analysis with Japanese candlestick analysis, grouping candlesticks into families, detecting and avoiding false signals, and more.
Introduction:
Japanese candlestick charting and analysis is definitely a viable and effective tool for stock and commodity market timing and analysis. That is a bold statement, especially when you consider the universe of analysis techniques that are being promoted, offered, sold, used, abused, and touted. Other than Nison’s work, the only problem has been the lack of detailed information on how to use and identify them.
Not only will this book solve this problem, but it will also provoke an intellectual curiosity in candlesticks that will not easily disappear. Japanese candlesticks provide visual insight into current market psychology. There is no ancient mystery behind Japanese candlesticks, as some promoters would have you believe.
They are, however, a powerful method for analyzing and timing the stock and futures markets. That they have been used for hundreds of years only supports that fact. When candlesticks are combined with other technical indicators, market timing and trading results can be enhanced considerably.
Japanese candlestick analysis used with other technical/market indicators will improve your performance and understanding of the markets. Even if you use candlesticks solely as a method of displaying data, you will find them indispensable. Candlestick charting, candle pattern analysis, and candlestick filtering will give you an edge, a tool if you will, that will enhance your understanding of the markets and trading performance. Learn candlestick charting and analysis, use it, and enjoy its rewards.
Contents:
- Candlestick Lines
- Reversal Candle Patterns
- Continuation Patterns
- Sakata’s Method and Candle Formations
- The Philosophy behind Candle Pattern Identification
- Reliability of Pattern Recognition
- Candle Pattern Performance
- Candle Pattern Filtering
- Candlesticks for Traders
Candlestick Charting Explained: Timeless Techniques for Trading Stocks and Futures By Gregory L. Morris


Amira Gibbs (verified owner) –
Great manual! I keep rereading it.
Aitana McBride (verified owner) –
This little book is a synopsis of the big book and completes Morris’ comprehensive approach to understanding “sticks”! The quizzes touch every important concept and assist in retaining the information. THIS LITTLE BOOK IS INDISPENSABLE!
Anders Welch (verified owner) –
Great book on how candlestick trading is used
Dulce Paul (verified owner) –
An excellent book. I would recommend this for reading.
Raina Glass (verified owner) –
Easy to understand
Denver Montgomery (verified owner) –
A LOT of memorization, too much work for me.
Noel Anderson (verified owner) –
Good book to introduce the concept of candlestick charting.
Evangeline Beard (verified owner) –
Very good overall reference for Candlestick analysis. The book is well organized according to the type patterns that interest swing-traders and there’s a handy visual reference at the end of the book. There is also an excellent section that reviews the overall performance of the candle patterns both in conjunction with and in comparison to other common technical indicators. The performance analysis that accompanies each pattern is also of great value. I highly recommend this book as a reference for anyone that includes Candlestick analysis in their overall technical analysis technique.
Allan Huerta (verified owner) –
Great read and info
Nathanael Delacruz (verified owner) –
Very informative and clear step by step guide to understanding the workings of candlestick as applied to the market
Ella Newton (verified owner) –
complicated reading but if your into the charts its a good book
Ocean Welch (verified owner) –
Good read
Mackenzie Sloan (verified owner) –
The best book I’ve seen on this timeless technique. I’ve read it twice and will do so again.
Amira Weeks (verified owner) –
ether youre a beginner or an intermediate level you need this book as a consult book and study book. a must have
Deacon Ellison (verified owner) –
I would not suggest anyone to buy this book. This book is absolutely useless if trying to understand the context of the information.
Santino Horton (verified owner) –
This seminal work covers all of the major, and most of the minor, candlestick patterns and their stats, along with ample discussion of the “zen” behind the successful application of candlesticks to real-world trading. The stats alone are worth the price of the book. Chapter 10 on candlesticks for traders, guest-authored by Ryan Litchfield, is an outstanding addition to the current edition, chock full of clarifying concepts and diagrams.
Celine Estes (verified owner) –
“Candlestick Charting Explained” is a must-read for anyone serious about technical analysis. Author Gregory Morris breaks down complex patterns into clear, actionable insights. The inclusion of success rates for each pattern adds a valuable layer of practicality. Highly recommend for traders looking to improve their understanding of market psychology.