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Japanese Candlestick Charting Techniques, Second Edition

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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 of practical experience in this increasingly...


DETAILS
Author: Steve Nison
Year: 2001
Price: $63.00
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RATINGS BREAKDOWN
5-Star       (12)
4-Star       (1)
3-Star       (1)
2-Star       (1)
1-Star       (1)
 
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Crazy good!

I bought this book from Tim's recommendation in one of his DVD's. This book is $140 CDN, BUT definitely carries more value. I'm still reading it, half way done. I reccomend this for every beginner investor. Good luck!

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18 January 2010
MOCKBA



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This is the book that you need!

I bought this book many years ago, and though it is dry, it has been one of the best tools that I have added to my arsenal. I have not bought another book on candlestick charting, because I don't need to. I'm not sure how one could make this book more entertaining since the subject matter is pretty dull, great for reference material.

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If you only buy one candlestick book, this is it...

I won't even buy a book on trading that uses anything but candlesticks. And the book I learned my candlestick analysis from is this one. In many chat rooms I participated in I was considered THE candlestick master and it really is due to having read this book. I have other books on candlesticks, but didn't get very far reading them as I felt what I was reading was either redundant or not as well formatted, etc.

I read it and highlighted all the things I didn't know or thought were important, and a few years later went back and just read those highlights for a good quick review. The end of the book is especially useful as he ties in Western charting concepts like support and resistance and moving averages etc. together with the candlestick patterns. A bit on the pricey side so hard to give it 5 stars for value, but if you make a few good trades based on the information it pays for itself quickly.

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Best on candlesticks

I'm not a huge candlestick guy, but this is considered the best on the subject. This is a must read for anyone using technical analysis. It's easy to understand while at the same time advanced. I actually enjoyed reading this one.

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Actually Good

I bought this book because Tim Sykes mentions the book in most of his DVDS. It is a pretty expensive book but I think its worth it. The author basically just explains a candlestick chart trading strategy that has been successful for hundreds of years. Not really much else to say, but just get the book if you make a living trading or want to make living trading.

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Buy it TODAY

If you're serious about trading, you MUST buy this book. Candlestick charts provide a much better picture of how a stock is reacting during a given time period. This book is required reading to learn the ins and outs of candlesticks.

At first I thought the book was going to be dry and tough to get through, but the chapters aren't too long and there are lots of samples providing immediate reference for the technical explanations given. I found myself applying what I learned the next trading day as I worked through the book.

It's also not a one time read, but a good reference tool for continued learning.

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30 December 2009
Cosmo



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THE Book on candlestick patterns.

This book was the first book I read about candlestick patterns. It is an easy read and shows you many patterns that repeat themselves and how to recognize the ones you can profit from. A must read for anybody wanting to play the game. I have it sitting on the bookshelf near my trading desk, a necessary reference for the serious trader.

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The Candlestick Master

This is by far my favorite candlestick book out there and one of my favorite books period. Steve Nison has put in a lot of time bringing candlesticks to the masses. It's a very large book and very through.

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21 January 2010
Bmon



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On your shelf right?

This book is the first (and I feel fortunate it was) book I read about candlestick patterns. It is an easy read and shows you how so many patterns repeat themselves and how to recognise the ones you can profit from. A must read for anybody wanting to play the game.

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06 December 2009
Relaaax



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Required For Charts

If you’re gonna trade or invest based on chart patterns, you need to know how to read candlesticks. This is a semi-expensive book so all you homeless people are gonna have to go to your local library to read it, but read it you should as it'll change the way you look at technical analysis...he's the original, accept no substitutes.

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01 December 2009
Tim



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The following review is from www.amazon.com

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. Note that in Australia, we are talking about $35 (other books) compared to $150 (Nison's book) ... 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...

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30 October 2009
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Informative

Written by Steve Nison who is considered to be the father of candlestick charting, this book is a great read and is very informative. If you don't understand how to see the supply / demand picture after you have read this book, read it again.

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The grandaddy....

This is the grandaddy of them all when it comes to charting.

It's dense and heavy, best consumed in bits and pieces and then kept on the bookshelf as a reference for the rest of your life.

It ain't cheap but its worth it.

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The following review is from www.amazon.com

Excellent reference book - intermediate traders & up

I was already an experienced candlestick charter when I bought this book, the material included in it is an excellent resource for those who want to improve their price reading abilities.

I would imagine this would be heavy going for someone completely new to chart reading however.

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30 October 2009
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Not needed

If you want to learn how to a candlestick chart, google it. You don't need to buy a book telling you how to read it. I didn't even read it all. The first half of the book is where Nison discusses dozens of elaborate patterns (such as hanging man and shooting star, woooo) which generate way too many false signals to be traded from. The second half of the book is Nison talking about candlesticks in combination with western crap such as fibonacci, elliot wave, RSI etc. 99% of technical analysis is pure garbage. This is the same. Don't try and trade off of anything you learn in this book because if it worked the author would be doing it not teaching it! As I mentioned earlier, if you want to learn how candlesticks are formed just google it!

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Not my thing

I've read this book and I've still kept to my usual bar charts. Candlestick charting is useful for some people, but there's nothing a candlestick will tell you that a bar won't. In fact, I turn off all colors on my barcharts to black as I've discovered that seeing "red" is often a psychological barrier to trading. Using one color in candlesticks simply would not work.
The book is a decent read and is informative for those wanting to use candlestick charting techniques, but as I've stated before, I've still stuck with bar charts even after reading this book.

Sorry, candlestick traders.

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22 February 2010
Deadjim



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