Trading Applications of Japanese Candlestick Charting

Turn Traditional Candlestick Patterns into Modern Trading Tools with This Actionable Guide

In Trading Applications of Japanese Candlestick Charting, Gary Wagner and Bradley L. Matheny present one of the most comprehensive and practical guides on using candlestick patterns to trade modern financial markets. Far from being just a pattern glossary, this book explains the why, when, and how behind candlestick analysis—integrating it with Western technical tools for enhanced accuracy and trade timing.

Wagner and Matheny show traders how to interpret classic candlestick signals (like doji, engulfing, harami, etc.) in real-market scenarios, and how to blend these with moving averages, oscillators, and trendlines for stronger confirmation. Whether you trade forex, commodities, or equities, this book equips you with the logic, context, and tactical precision to use candlesticks as a serious decision-making tool.

Backed by extensive chart examples and practical strategies, it’s a must-have resource for traders seeking an edge in timing entries and exits with visual clarity.

✅ What You’ll Learn:

• How to recognize and interpret core candlestick patterns
• Combining candlesticks with Western indicators for optimal timing
• Entry/exit strategies based on candle confirmation and trend context
• The psychology behind patterns like spinning tops, hammers, and stars
• Risk management techniques specific to candlestick-based setups
• How to avoid false signals and trap candles

💡 Key Benefits:

• Improve your market timing with visual, real-time clues
• Gain deeper insights into price behavior and trader psychology
• Enhance your pattern recognition for better decision-making
• Increase accuracy by aligning candles with trend and volume tools
• Use proven strategies in any liquid market—stocks, forex, futures, and more

👤 Who This Book Is For:

• Beginner to intermediate traders learning price action
• Technical analysts seeking more refined trade entries and exits
• Swing traders and intraday traders who rely on visual setups
• Forex, futures, and commodity traders needing adaptable tools
• Anyone using candlesticks and looking to elevate their strategy

📚 Table of Contents:

1. History and Foundation of Candlestick Charting
2. Major Candlestick Reversal Patterns
3. Continuation Signals and Trend Confirmation
4. Entry and Exit Strategies Using Candles
5. Combining Candlesticks with Moving Averages
6. Candlesticks and Oscillator Filters
7. Trade Examples and Market Applications
8. Risk Management with Candlestick Logic
9. Using Candles in Volatile Markets
10. Building a Candlestick-Based Trading Plan