"The Secret of Candlestick Charting" by Louise Bedford provides a comprehensive guide for identifying market trends, focusing on interpreting the psychology between buyers and sellers in the Australian market. The text outlines specific pattern recognition techniques and seven golden rules, including waiting for confirmation and blending analysis with Western techniques. For more details, visit Scribd . [PDF] The Secret of Candlestick Charting by Louise Bedford
The book is structured as a comprehensive manual, moving from the elementary to the complex. The Secret of Candlestick Charting Louise Bedford.pdf
Perhaps the most valuable section of the book deals with trade execution. Bedford introduces the concept of the "set-up" and the "trigger." She emphasizes that a pattern is not a buy signal until it meets specific criteria. This disciplined approach is what separates the book from basic reference guides. "The Secret of Candlestick Charting" by Louise Bedford
The Morning Star is a three-candle reversal pattern. Bedford’s secret filter is the . If the middle candle (the star) does not gap away from the first candle, ignore it. [PDF] The Secret of Candlestick Charting by Louise