Product Description

A form of technical analysis, Japanese candlestick charts are a versatile tool that can be fused with any other technical tool, and will help improve any technician's market analysis.  They can be used for speculation and hedging, for futures, equities or anywhere technical analysis is applied. Seasoned technicians will discover how joining Japanese candlesticks with other technical tools can create a powerful synergy of techniques; amateurs will find out how effective candlestick charts are as a stand-alone charting method. In easy-to-understand language, this title delivers to the reader the author's years of study, research and practical experience in this increasingly popular and dynamic approach to market analysis.  The comprehensive coverage includes everything from the basics, with hundreds of examples showing how candlestick charting techniques can be used in almost any market.

Product Details

• Amazon Sales Rank: #97428 in Books
• Published on: 2001-11-01
• Original language: English
• Number of items: 1
• Binding: Hardcover
• 320 pages

Review
Quote from the first edition of Japanese Candlestick Charting Techniques: "It's hard to be too effusive about the quality of Nison's work. This is clearly one of the best investment books ever written."Bruce Babcock, Jr., Editor-in-Chief, Commodity Traders Consumers Report

Synopsis
A form of technical analysis, Japanese candlestick charts are a versatile tool that can be fused with any other technical tool, and will help improve any technician's market analysis. They can be used for speculation and hedging, for futures, equities or anywhere technical analysis is applied. Seasoned technicians will discover how joining Japanese candlesticks with other technical tools can create a powerful synergy of techniques; amateurs will find out how effective candlestick charts are as a stand-alone charting method. In easy-to-understand language, this title delivers to the reader the author's years of study, research and practical experience in this increasingly popular and dynamic approach to market analysis. The comprehensive coverage includes everything from the basics, with hundreds of examples showing how candlestick charting techniques can be used in almost any market.

About the Author
Steve Nison is the foremost leader of the art of using candlestick charting as an analysis tool in studying market trends and making investment decisions.  He owns and runs Nison Research International, a firm that provides technical advisory and on-site seminar services to major financial firms.  He is a highly sought-after speaker who has presented his techniques to thousands, including members of the World Bank and the Federal Reserve.

Customer Reviews

Excellent
Brilliant read, lots of information, the man knows his stuff, excellent for beginners and professional, appllied it in all my trades. credit to the author

candlestick application
Applying candlestick charting techniques is a MUST for any short term trader. This book provides a substantial amount of information about candlesticks (psychology), and has proven very helpful to me in making trade decisions and spotting imminent trend reversals. It really helps one understand the psychology behind the price action.
The contents are easy to read and understand ; you don't have to be a braniac. This candlestick book by Steve Nison, in comparison to other candlestick charting books, is a bit pricier. But, it's definitely worth it.

The best for Candlesticks - the BEST and I know
I have a few books on candlesticks. I bought others which were cheaper, even though many reviews pointed towards Nisons' work. ... so anyway, after buying many others, and looking all over the 'net for info. on Candlesticks, I ran into Nisons' book in a shop, looked through it and had to have it.

It has a LOT LOT LOT more depth than the others. There is more to candlesticks (or any price movement analysis) than just a bunch of patterns, names, formations ... the other books are far far too brief. I cannot emphasise this enough.

Look at all the other reviews for this book, many many good words said.

It is very readable, very clear, the examples are excellent, but most valuable are the insights for all the patterns ... that other books simply do not have.

Sure, it costs a bit more than the other candlestick books, but hey, how much money are you trading? Does an extra 30 or 50 bucks make that much difference for the extra insight you will gain?

This is not just the best ~Candlestick~ book, but it is a very very good TA book as well. Candlesticks are, after all, just a way of plotting price movements.

Note that, in searching the web for info. on TA and investing, this book came up time and time again as ~highly~ recommended. Now I pass that recommendation on.

Note also Nison has another book, "Beyond Candlesticks", and while I think that this is also a good book, get this one first and learn it all, the second book concentrates more on a few "Advanced" techniques, I don't know if they are so much advanced as they are just a few more techniques + brushing over what is in the first book. Get this first book, because it has more depth on the essentials that you need to know. Get the other book later, don't try and save money by jumping to the second one in the hope it will make the first obsolete, don't try and save money by getting a cheaper candlestick book, don't brush this stuff off thinking you've learnt all the candlestick stuff just by seeing a couple of patterns and names.

I also highly recommend Technical Analysis of the Financial Markets, this is recently updated and so incredibly good.

Beginner trader: will help you a lot, a very good investment, but also look to the book recommended above.

Intermediate: what are you doing? making a profit? get the book. Not making a profit? get the book, or get out of trading.

Advanced: why don't you have it? it should be on everyone's bookshelf, have you no pride? can't you afford it?

This is one of those trading books you cannot afford not to have. I don't give that rating to many other trading books.

Good luck!

Oh, and it is enjoyable to read.