Product Description

Expert instruction on the practical applications of candlestick charting

Candlestick charting is more popular than ever before, with a legion of new traders and investors being introduced to the concept by some of today’s hottest investment gurus. Having introduced the candlestick technique to the West through two of his bestselling books, Steve Nison is regarded as a luminary in the field of candlestick charting. In his new venture, The Candlestick Course, Nison explains patterns of varying complexity and tests the reader’s knowledge with quizzes, Q&As, and intensive examples. In accessible and easy–to–understand language, this book offers expert instruction on the practical applications of candlestick charting to give every level of investor a complete understanding of this proven, profitable, and time–tested investing technique. Straightforward answers quickly clarify this easy–to–use charting method. This guide will allow readers to recognize and implement various candlestick patterns and lines in today’s real–world trading environment–giving them a noticeable edge in their trading activities

Product Details

• Amazon Sales Rank: #38887 in Books
• Published on: 2003-06-17
• Original language: English
• Number of items: 1
• Binding: Paperback
• 219 pages

From the Back Cover
Steve Nison revolutionized the world of technical analysis when his two bestselling books introduced Japanese candlestick charting techniques to the western world. "Candles," he discovered, can signal shifts in trends and price patterns with amazing accuracy, and these "storyteller" charts also contain powerful applications for today’s volatile short–term markets.

In The Candlestick Course, Nison breaks new ground once again. From the basics through the more complex stages of pattern recognition, each chapter includes specific learning objectives, key terms, clear–cut instruction, and practical applications. Plus, each end–of–chapter quiz allows readers to perfect their charting abilities before moving on. This book is the ideal training tool for newcomers, and perfect for veterans looking to refine and hone their skills.

Focused on the needs of today’s active traders and investors, Nison:

• Provides a solid foundation to candlestick charts–reinforcing key skills as you go
• Reveals how to pinpoint critical market opportunities as they arise, by recognizing key candle signals
• Tests your ability to accurately analyze and interpret candle charts
• Demonstrates how candlestick concepts can trigger potent decision–support tools that can confirm–or enhance–buy/sell signals
• Includes a valuable "progressive charting" case study
• Ties all the aspects of candlesticks together through interactive examples and visual tests

Whether viewed as a supplement to Steve Nison’s other books and courses, or as your introduction to candlestick charting, this course book will familiarize you with the intriguing world of The Morning Star, The Hammer, The Dark Cloud Cover–and the many other powerful and precise patterns Nison shares with fellow traders and investors.

Not just a one–time read, The Candlestick Course can be used as a valuable reference source, and quick refresher course, time and again.

About the Author
STEVE NISON, CMT, was the very first to reveal the startling power of candlestick charts to the Western Hemisphere. He is acknowledged as the leading authority on the subject. Steve is the author of the "bibles" of candle charting analysis, Japanese Candlestick Charting Techniques and Beyond Candlesticks. His work has been highlighted in The Wall Street Journal, Barron’s, Worth magazine, Institutional Investor, and other publications around the world. Mr. Nison has appeared numerous times on CNBC, and his segment on FNN (the precursor to CNBC) brought in the most viewers that network ever had. He has taught thousands of traders and investors around the world. Mr. Nison holds an MBA in finance and investments and was a senior technical analyst at Merrill Lynch and a senior vice president at Daiwa Securities. He was among the first to receive the Chartered Market Technician (CMT) designation from the Market Technicians Association (MTA).
Mr. Nison is founder and President of CANDLECHARTS.COM which provides educational products and advisory services.

Customer Reviews

Very Good Candlestick Primer
Steve Nison has a simple way of explaing his subject material, which leads to a lot of 'Ah Ha' moments. I own both his previous books and have been studying them intensely. This course, while it naturally covers much of the same ground, is a valuable addendum to those books.

I have studied various forms of Technical Analysis (TA) intensely, despite being a Value investor of the Benjamin Graham school. Most forms of TA seem to me to be overly complicated and based on assumptions about the behaviour of charts and mathematical data. Computers have been a wonderful tool for the TA devotee as they have allowed development of ever more complicated forms of analysis, all of them with short histories. Candlestick analysis on the other hand has a successful history of use going back 400 years. It is based on the psychology of people and the various patterns have enormous empirical support.

As with any new set of techniques, there is information and jargon to learn which is always a little daunting. In this case the effort is worth it. I have found that by learning Candlestick techniques I am starting to be able to 'read' a chart in much the same way as I would a page of writing.

There are other teachers of Candlestick techniques out there but I know of none who do the job as well as Steve Nison. By the way, he was also the first to bring the techniques to the attention of the Western World.

My recommendation? By this course first, then his other two books. Follow the course and you will quickly develop a far better understanding of the probable behaviour of markets. The books and materials have more than recovered their cost for me with my investments.

Simple but very effective
This is an excellent book filled with simple but powerful concepts,explained clearly and concisely. At the end of each chapter there arequestions and detailed answers at the end, which allow you to testyourself and apply your knowledge to reality.
Unlike some tradingbooks which claim to make you a millionare overnight this book gives youthe tools you need to help build a succesful strategy related to yourinvestment goals.
This book will help you understand candlesticks well, enabling you to tapinto the hugely important psychology of the markets. As Issac Newton oncesaid after losing money in the financial markets "I can predict themovement of heavenly bodies but not the madness of human behaviour"