The Secret Code of Japanese Candlesticks
$29.33
| Author(s) | |
|---|---|
| Pages |
213 |
| Format |
|
| Published Date |
2008 |
The Secret Code of Japanese Candlesticks by Felipe Tudela is an in-depth exploration of one of the most enduring and powerful methods of technical analysis. Building on centuries-old Japanese trading wisdom, Tudela deciphers the hidden logic behind candlestick patterns and demonstrates how traders can use them to anticipate market movements with accuracy and confidence. Rather than simply cataloging common patterns, this book reveals the deeper “code” that underpins their formation, giving readers a true understanding of why candlesticks work and how to apply them across markets.
Tudela’s approach is both analytical and practical. He explains how candlestick patterns reflect the ongoing battle between buyers and sellers, providing insights into shifts in sentiment, momentum, and market psychology. By understanding this dynamic, traders can interpret not only individual signals but also the broader context in which they appear. The book goes beyond surface-level pattern recognition to teach a systematic approach for identifying high-probability setups and filtering out noise.
The author also bridges Eastern and Western methodologies, showing how candlesticks can be combined with Western technical tools such as support and resistance, trendlines, and indicators. This integration provides traders with a more complete trading framework that enhances decision-making and risk management. Charts, examples, and step-by-step case studies bring the material to life, ensuring readers can apply the concepts directly in real trading situations.
What sets this work apart is its focus on uncovering the principles that make candlesticks so effective, rather than relying on rote memorization. Tudela empowers traders to think independently, interpret price action more deeply, and adapt candlestick analysis to different instruments and timeframes.
For traders of all levels—from beginners intrigued by candlestick charts to experienced professionals seeking to refine their edge—The Secret Code of Japanese Candlesticks offers both foundational knowledge and advanced insights. It is a guide not only to candlestick patterns but also to the philosophy of trading with clarity, structure, and confidence.
Contents:
- The Truth about Japanese Candlesticks
- The Spirit of Sokyu Honma’s Method: The Master and the Disciple
- The Samni No Den of the Market: The Subjective Part of the Method
- The Five Sakata Methods: The Objective Part of the Method
- Trading with Sokyu Honma’s Method
- Japanese Candlesticks: A Precision Tool within the Market’s Great Cycle
- Algorithm in Tabular Format for the Five Sakata Methods within Sokyu Honma’s ‘Great Cycle’
- Thirty-seven Applications Involving Indexes, Stocks, and Futures
- Back to the Samni No Den
- Learning to Analyze the Markets from a Trader’s Viewpoint
- Your Magic Talisman
- Before Taking a Position… Think!
- How to Exit a Trade
- How to Manage Your Risk
- All You Will Ever Need to Know about Stops
- Putting It All Together in a Simple but Winning Approach
- Trade Now!
- Some Thoughts about Trading Philosophy
The Secret Code of Japanese Candlesticks By Felipe Tudela PDF
5 reviews for The Secret Code of Japanese Candlesticks
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Madisyn Vazquez (verified owner) –
I really enjoyed this book on japanese candlesticks. It explains the truth about them in a simple, clear and practical way. Also we find in it a unique trading formula easy to apply and that seems to work.
Adelaide Wolfe (verified owner) –
This book has absolutely nothing to do with Japanese Candlesticks. It simply uses them to depict the price action, but in no way do they contribute to the author’s price analysis. He simply throws in a bunch Eastern Bushido mumbo jumbo to tell you how to trade triple tops/bottoms, gaps, and other Western techniques. You’ll learn more about candlestick trading by going to your local candle store than you will from this Zen Master. Thankfully I looked it over at my public library before I got suckered.
Mitchell Wong (verified owner) –
The Secret Code of Japanese Candlesticks is another stunning book from this author. It has given me knowledge of candlesticks and their underlying logic as no one else ever has, plus a simple diagram of the market cycle and its five setups with the rules to trade them. Just the kind of thing I was looking for. The clarity and logic behind each theme of the book is crushing. Tudela does all to convey the trading of markets in all simplicity. Reading his book gives you the feeling this author has nothing to sell but the truth and to help us become successful traders.
Donovan Vang (verified owner) –
If you’ve read any books on technical analysis or trading with candlesticks, you will find nothing new here.
Autumn McClain (verified owner) –
I have tried each of the five trading setups in this book and they work. To diversify I take 5 stocks per setup. Tudela’s discovery is amazingly simple: the original way candlesticks were traded! Candlesticks were meant to be traded within five structures created by Sokyu Honma, considered to be the father of candlesticks, before candlesticks even existed.(Yes, the father of candlesticks knew nothing about them) In those five structures, plus the money management system also designed by Honma and explained for the first time in this book, is the Beef! Here lies the secret! Candlesticks are a useful but later add on. But the proof is in the pudding. This stuff works. There are people who would do anything so you never hear about this book or read it. This book debunks the usual approach to candlesticks. Buy it now before it’s too late!