Forex Education Book.

[mayengbam]

There are so many books available on the internet regarding forex trading. And its a confusing task for newbies to identify which ones are the useful ones. So i ll like suggest all those traders who have read some very good books on forex to kindly share us the book here with a short summary or review. so that beginners in forex can benefited.

[forexbegin]

Good job, keep going

Thanks Oracle !

2. Japanese Candlestick Charting Techniques

Link Download: http://www.mediafire.com/?g9y9nr2oba5vbv9

Traditional Western methods for chart analysis (the basis of all technical analyses) use bar or points and figure charts. Yet over 100 years before these methods originated, the Japanese were using their own style of technical analysis for use in the rice futures market. This technique - known as the Japanese Candlestick Charting Techniques because of its close resemblance to candlesticks - has recently been attracting attention because it provides unique insights into the market. This work features over 300 charts that use candlesticks alone and in conjunction with Western charting techniques, and explains their use.

[mayengbam]

please do post some links or books by successful indian forex traders

[forexbegin]

Happy a new day !

I will share the Candlestick Charting Books for help me to earn $7000 with only 2 weeks.

1. The Art of Japanese Candlestick Charting

Link Download: http://www.mediafire.com/?cdx8l2qdl90d2zl

The basic attributes of the candlestick charts:

1. The Real Body - this is the basic body of the graph that speaks of the open and closing of the markets and can itself be divided into two classes. Black Body and White Body.

The Black body, which is also called the fill-in body tells us that the close was lower than the open of trade. The White body, also called simply the open, tells us that the close was higher than open.

2. Shadow - this is a thin line which tells us about the change in prices in a given time span. It can be divided further into the upper shadow and the lower shadow.

Candlestick charts are made using the following six kinds of patterns:

1. Hammer pattern - it has a somewhat small real body and a long lower shadow. This is usually used when the market is undergoing a down trend.

2. Engulfing pattern - the market trend is well displayed thanks to the white real body of the candlestick around the real body of the previous day.

3. The Dark-cloud - it is seen when the first market day's pattern is made up of a resilient and white real body in a form which is top reversed.

4. Hanging man pattern - its features resemble those of a hammer pattern, the difference being that there is an uptrend form on the framework.

5. Bearish pattern - here, a black real body surround the previous day body in place of a white real body.

6. Piercing pattern - it is the opposite of the dark-cloud pattern but a downtrend exists rather than an uptrend.

Every one of these patterns is unique. You could use two or more patterns to suit different needs as well. Finally it is up to you what pattern you feel works best for you.

This article only introduces you to candle stick charting. There is in fact so much to learn about the topic that there are courses out there especially designed to train one in this Japanese graph form. If you are serious about learning more about it, a course can be a great idea. You could also invest in books that teach you how to make effective candlestick graphs. In the long run, these graphs will help you make better profits no doubt.

By Abhishek Agarwal

[mayengbam]

if you are looking book on japanese candlestick then you can download this book.

The art of japanese candlestick chartingby- brett fogle

download- http://www.MegaShare.com/3330783

please upload some more sites to get books on candlestick charts, there are plenty available when i searched through google and i cant distinguish which ones are useful ones.

[s19]

book for techanical analysis

book name - Technical Analysis from A to Z by Steven B. Achelis

download - http://www.MegaShare.com/3343869

[s19]

I think this book is not so important to members. but this may helpful to new commer in forex. this information you can know in ********. there information in details. hanging man and hammer is more useful than it.

yes i agree with you......har new forex trader start their trading base on candkestic pattern. at the ******** wahaa par kam or short - sweet jankari milti hai lekin book se hame puri jankari milti hai.
candlstick are the basic techanic for trading so unke baare me detail se jaanna jaruri hai.

[soumen]

I think this book is not so important to members. but this may helpful to new commer in forex. this information you can know in ********. there information in details. hanging man and hammer is more useful than it.

[soumen]

I downloaded the book. this will help me a lot as I am new in forex. I will learn the basic thing of trading.
I think this is a basic step. and help ful to all newbie.
and if I found any useful book then I will share with all member.

[s19]

Chart Patterns

this book give us guide how to do basic techanical analysis.

download - http://www.MegaShare.com/3331696