How to Write a Better Thesis What Is a Thesis? David Evans†, Paul Gruba, Justin Zobel · Download PDF Chapter. Page. 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. 01 Japanese Candlestick Charting Techniques, Second Edition – Steve – Free ebook download as PDF File .pdf) or read book online for free.

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Japanese Candlestick Charting Techniques: Here at last, the background and practical application of the unique and powerful Japanese charting techniques–known as candlestick charts–are fully explained for the first time.

These colorful and exciting techniques are hot on the lips of leading analysts and traders worldwide. HardcoverSecond Editionpages. To see what your friends thought of this book, please sign up. To ask other readers questions about Japanese Candlestick Charting Techniquesplease sign up.

Be the first to ask a question about Japanese Candlestick Charting Techniques. Lists with This Book. Aug 12, Terry Kim rated it it was amazing. With candlestick charts there is a lot more information you can obtain about the market and the stock.

Candle charting alone has improved my general understanding of stocks and the market. It is a must read for anyone delving into the markets. Nov 29, Duffy Pratt rated it really liked it Shelves: Very clear description of the basic candlestick patterns.

Many of the patterns rely on gaps between closing and opening prices.

This type of trading applies to equities and to other markets that have pretty clear opening and closing times — like the Japanese Rice market where this charting technique sexond. The Forex market, for all practical purposes, is free of such gaps. This difference means that many candlestick patterns have only limited application to the forex markets. Thus, while t Very clear description of the basic candlestick patterns. Thus, while there may be quite a bit to learn about candlesticks in a market filled with gaps, the material reduces to a manageable amount when you exclude any of the patterns that require a gap of some sort.

Japanese Candlestick Charting Techniques by Steve Nison | eBay

Except for the weekend close, the opening and closing periods in forex are basically arbitrary. They retain their force, I believe, because every broker uses the same break points, at least for any chart that tracks an hour or less. The weekly and monthly charts are also the same for all traders. There is some slight variation for Daily and four hour charts, depending on the broker’s time zones, but these provide only slight variations for the most part.


Thus, candlestick charts work because traders all rely on the same data for the fictional opening and closing points of the bars of their charts. But that fiction is enough to make a real difference, because it makes a difference in the expectations of traders, and makes a difference on when traders are likely to make their decisions.

My main criticism is his selective examples. Anyone can pick out a chart and show how it illustrates their method. And I suppose that needs to be done. But if you look closely at Nison’s examples, you will see many failed signals for patterns that had already been discussed, or that would be discussed later.

Nison is very good at showing where the patterns work. He also seems to be very good at ignoring the examples in his own charts where the patterns fail.

Japanese Candlestick Charting Techniques by Steve Nison | : Books

Overall, I’m a fan of candlesticks. I don’t think they tell a whole lot. But they are clearer than bar charts or line charts at showing what might have happened during a time period. So, even if they don’t provide much of nsion edge, for me they are still the clearest picture I can get.

Dec 31, Lukifryrr rated it really liked it Shelves: At first I thought this book was boring and, plainly, unhelpful. The idea of japanese candlestick has become standard in most trading softwares and their analysis almost as standard to traders. The first half of the book talks precisely about this, and it gets boring and repetitive very quick. The second half sdcond the book, however, starts to mix the candle analysis with western technical analysis and the entire picture become much clearer and efficient.

I have learned various tricks and have alrea At first I thought this book was boring and, plainly, unhelpful. I have learned tecuniques tricks and have already implemented them into my trading technique with tecbniques success. This book is very well worth the read for any trader. Oct 13, Nicholas S.

Presented a method for technical analysis, based almost entirely on an appeal to the authority of Japanese rice traders from the 17th and 18th centuries, who we are told used these charting methods. I lost interest when the author conceded that the signals are subjective I read this as: Not very convincing to the skeptical reader. dharting

Jan 31, Donald rated it it was amazing Shelves: Candlestick charting, combined with western technical analysis volume, RSI, moving averages can give the patient observer an edge in the markets.

It is a more visual style of charting than standard bar charts, yet uses the same information of ‘open-high-low-close’. Aug 24, Derek rated it liked it Shelves: This is your bible for candle stick charting, no question about it. For any technical analysts out there, there is no eedition to not have this read and finished.


Just buy it already, you’ll be thankful you did after. Nov 28, Michael Atkinson rated it did not like it. A worthless piece of crap. Nobody who really makes money in the market stteve this stuff, and I know what I’m talking about. Dec 06, Quang rated it really liked it. Most of the patterns and techniques here are still applicable, no matter how laughable that chaeting sounds to you at first.

With the abundant availability of public historical data at the present you can even test these techniques empirically I fdition and be amazed I was.

Apr 12, Paul DeBusschere rated it it was amazing.

Nison provides a chartinb guide to candlesticks and how to use them with Western technical analysis techniques.

This book is a valuable tool that every trader should have in one’s library. It is so straightforward, even someone like Burton G.

Malkiel and other Random Walkers could use it to improve their results. View all 3 comments.

Japanese Candlestick Charting Techniques

Apr 28, Kalpit rated it it was amazing. The best book on the seconc. Steve Nison is indeed the father of Candlesticks. Thank You ediition much Steve for writing this awesome book. I can’t emphasize, how much it helped me in making profits in the market. Sep 18, Kcirevam rated it it was amazing Shelves: Feb 19, Maria Rinehart-Henderson rated it it was amazing. Not just the technicals, but the psychology behind the price.

Oct 16, Jagatheesan Jack rated it it was amazing Shelves: This book gave great insights on candlestick chart reading and it’s use with Western techniques. Part B Candlesticks with Western techniques needed some cross referencing from other sources. Mar 31, Rintho Sihotang rated it really liked it. Wonderful book One of the greatest book written on candle stick technique. Like the author says,once you have learnt the Japanese candlestick technique why would you go back to the bar charts.

Jul 18, Mehdi Zare rated it it was amazing. Game-changing explanation on technical analysis using Japanese candlestick. It’s a fundamental reading if you’re new to ccandlestick analysis. Unlike usual boilerplate style technical analysis books, author tried to give a rational meaning for each style and trend identified by candles. Sep 07, Candlestik Mughal rated it really liked it. Jul 19, Javad Yektaparast rated it it was amazing.

Aug 19, Mohammed Mohaideen rated it really liked it. I was not a complete beginner when I started reading this book about candlesticks. But this book shows how to be japanesee with candlestick analysis. I stwve for that. Oct 16, Phil M rated it really liked it Shelves: