Preface ix Foreword by Oliver L. Velez xiii Chapter 1: Candlestick Basics and Testing Requirements 1 Chapter 2: Bullish Engulfing Patterns 25 Chapter 3 : Bearish Engulfing Patterns 63 Chapter 4 : Hammer Patterns 89 Chapter 5 : Hanging Man Patterns 113 Chapter 6 : Morning Star Patterns 135 Chapter 7 : Evening Star Patterns 159 Chapter 8 : Market Adaptive Trading Techniques 185 About the Author 219 Index 221 Trading Resource Guide 241
Steve Palmquist is a trader with more than 20 years of market experience who puts his own money to work in the market every day. Palmquist has shared trading techniques and systems at seminars acrossthe country, presented at the Traders Expo, and published trading articles in Stocks & Commodities, Traders Journal, The Opening Bell, and Working Money. Palmquist also provides trading tips and techniques, and is the publisher of The Timely Trades Letter, in which he shares his market analysis, trading setups, and trading tips twice a week. Palmquist holds a BSEE from Washington State University, and a Masters in Electrical Engineering from the University of Illinois. He has been involved in the management and development of communications systems, high-speed computers, test equipment, infrared vision systems, and color printers at companies such as Bell Laboratories, Integrated Measurement Systems, Flir Systems, and Tektronix. He holds 10 U.S. patents, is a father of four, and has a private pilot license with an instrument rating.
Money-Making Candlestick Patterns is another book in a long line of books professing a way to make money at trading. Unlike so many of those books, though, Palmquist's writing style is fluid and easy to follow. His logical and ordered approach to discussing the somewhat abstract notion of trading with candlestick patterns transforms the abstract into the concrete, and his detailed discussion of MAT and how he applies it to his trading gives the reader practical and applicable trading information. Additionally, his overall sensibility regarding the fundamental truth about trading-successful trading is about putting the odds in your favor-flows throughout the book, and, if the reader gets nothing from the candlestick patterns Palmquist puts forth as money makers, this fundamental truth alone, if digested and truly understood, is worth the price of the book. -- Traderplanet.com
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