Candlestick Charts Made Simple

You open a stock chart and see a wall of green and red bars. Is that a signal, noise or a trap? This illustrated guide teaches you to read price action the right way: starting with a single candle and ending with a complete trade plan that has an entry, a stop, a target and an exact position size.

Inside are 16 chapters and 54 charts drawn specifically to explain each idea. You learn candle anatomy (open, high, low, close, body and wicks), timeframes, and more than 20 classic one-, two- and three-candle patterns: doji, hammer, hanging man, shooting star, marubozu, engulfing, harami, piercing line, dark cloud cover, tweezers, morning and evening stars, three white soldiers, three black crows and the tri-star.

More importantly, you learn the context that gives those patterns value: trend structure, trendlines and channels, support and resistance, breakouts and false breakouts, supply and demand zones, volume, moving averages, gaps, earnings risk and multiple timeframes.

The pullback chapter walks through long and short trades with entry, stop and target in real dollar amounts, plus a trade that fails, because that happens too. The risk chapter gives you the position-sizing formula with worked examples from $5,000 to $100,000 accounts, R-multiples, risk-to-reward, expectancy and the US rules every trader should know (the pattern day trader rule and its 2026 overhaul, T+1 settlement, wash sales).

You also get a trading journal template, a pre-trade checklist, a signal scorecard, 12 exercises with answers, an A-to-Z glossary and a 4-week study plan.

Educational content only. Trading involves substantial risk of loss; patterns are probabilities, not guarantees.

What you get:

• Read any candle: open, high, low, close, body, wicks and who won the session
• 20+ one-, two- and three-candle patterns, each with a dedicated chart
• Trend structure, trendlines, channels, support, resistance and supply/demand zones
• Real breakouts vs. false breakouts, with volume clues
• Pullback and throwback trades with entry, stop and target in dollars
• Position-sizing formula, R-multiples, risk-to-reward and expectancy
• Trading journal template, pre-trade checklist and signal scorecard
• 12 exercises with answers, A-to-Z glossary and a 4-week study plan

Instant PDF download. Read on any phone, tablet or computer.