Rating: 4.5/5 Stars
Rank: 1612

This book explains how candlesticks take reading crowd psychology to the next level. Not only does Nison teach recognition of the important patterns, he explains the psychological motivation behind those patterns, the emotions and sentiments unfolding as those patterns are created.

It has been my experience that candlesticks are most effective at giving advance warning of a reversing or flatlining trend- thus I apply the patterns more to my exits than my entries.

But I take information from candlesticks every day regardless. Just as an example, if you look at a bar chart, you can't really tell which of those bars were up closes and which were down closes unless you look veeerry closely.

With candlesticks you get this info at a glance, adding to an intuitive feel for price movement that can make you more profitable.

You also get more specific and accurate signals. There's just no comparison.

I wouldn't trade without candlestick charts any more readily than I would without streaming quotes.

They simply provide another dimension to market action that bar charts completely miss.

Customer Reviews

1.	The candlesick classic
	(New York, NY United States) September 2, 2000 - 5.0/5 stars
	This book is an absolute must for any serious trader or investor. Steve Nison is known as the founding father of candlestick charting in the U.S.A. His book presents a simple yet effective instruction guide for learning ... read full review
Current Review
2.	covers it all
	(NV) August 30, 2000 - 5.0/5 stars
	Reading charts is really just an advanced form of poll taking. A chart is a visual snapshot of crowd psychology- that is, greed and fear- graphically represented. This book explains how candlesticks take reading crowd... read full review
3.	The best for Candlesticks - the BEST and I know
	(Australia) August 19, 2000 - 5.0/5 stars
	I have a few books on candlesticks. I bought others which were cheaper, even though many reviews pointed towards Nisons' work. Note that in Australia, we are talking about $35 (other books) compared to $150 (Nison's book)... read full review

Editorials

	Book Description
	Japanese Candlestick Charting Techniques, 2nd Edition, provides an in-depth explanation of candlestick plotting and analysis, conveying to the reader, in easy-to-understand language, the author’s years... read full editorial
	From the Publisher
	“An exciting and valuable addition to the literature of technical analysis… this ancient Japanese technique is available to American traders in a comprehensive, well-written, and understandable format.”John... read full editorial
	From the Inside Flap
	Charting techniques used by the Japanese for over 100 years are explained for today’s traders and investors in: JAPANESE CANDLESTICK CHARTING TECHNIQUES, SECOND EDITION: A Contemporary Guide to the Ancient Investment... read full editorial

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