No matter if it is S&P500, Crude Oil, Gold, Bitcoin or any other instrument. If it is trading and has a chart, you'll be able to read it.
That is what you'll find in that book, a completely new way to read a chart. It starts by finding the base case. Then the book will build your knowledge to the point where you'll be able to:
- recognize all kinds of candlesticks (bar) shapes. - judge how their size affects their behaviour. - see the interactions between separate candlesticks (bars). - find if there are any catalysts which can increase the validity of the signal. - form trading patterns on your own. and many more...
No! This is not mumbo jumbo or something you can easily find on the internet! This is not something that works only in theory!
Everything in the book is proven!
Proven with real trades, I am using this method since 2007. Also proven with backtests. Especially for the book, thorough backtesting of all techniques and patterns was made. Inside the book, you will find the probabilities for all the patterns.
No matter what you trade: Currencies, Stocks, Bonds, Commodities, CryptoCurrencies.
No matter if you are Day Trader, Short-term or Swing Trader.
This book will bring improvements to your trading.
And if things like price action trading, Japanese candlesticks, and chart reading are close to your heart, you gonna love it!
I am deeply thankful to the author for sharing his knowledge. The book is easy to read and understand with well structured content. It gives the basic for chart understanding that applies to all financial markets. The book has clear explanation on how the new bars are formed and what the chances are the price will close higher or lower then the previous day. All of that is supported by statistics! I am looking forward to the next book of Vassil Banov!
I bought this book because I follow the author's Facebook groupTalkingChart
I think that this book is one of the best explanations, I have seen so far, about how to take advantage in trading while using only the chart and nothing else.
What really amazes me is the logic and the flow inside this book. The author takes the fundamentals of the currently existing theory and then simplify and improve it at the same time.
I began to check the patterns explained inside and so far it is like in the book. That's in Forex.
Very good book! It was a pleasant surprise to see so many backtest data inside. The book takes you through the probabilities of what will happen next after various candlesticks types and combinations with breakouts. The explanation of the COVID bear market contains very useful information for a price action (candlestick) trader. Definitely a good read.
That's what I call a real improvement of the classical theory. The logic behind price action is explained so well that you feel ready to read any chart. But be prepared because when you start to apply those patterns in real trading you would probably need to read the book another time.