Show Only:   All Trust Scores   Reliable Users (3.0 Trust Score) Trusted Users (5.0 Trust Score) Elite Users (7.0 Trust Score)

Page:   123 ... 5

Fantastic Book, Full of Valuable Information - A Must Read!

This book covers everything from the last several hundred years to near present-day indicators. A LOT of information to soak in, I've been going back over it for several months now and theres always something new to pick up with every review of it. Pricey book, but worth every penny. It has been revized and edited over the years by the author. One of my favorite parts is the review of a charts time frame in which there are about 40 points that cover many of the Japanese indicators. The later half of the book goes over the more recent indicators such as RSI, rising and falling support lines etc. Once you pick this book up, you wont be able to put it down. I use it as a mouse pad so its always nearby. In the end of the book there is a glossary which defines all of the techniques and situations in which you can derive information. Full of pictures and graphs as well for complete explanation. Though this is technical, keep in mind it is very much an art with flexible rules, which is why I have come to find it so interesting and useful in my trading.

If you've ever been out of the know when it comes to others analyzing charts using candlesticks, look no further!!

Overall Rating
Education
Entertainment
Value

3 of 3 people have found this review helpful.

Was this review helpful? Yes   No

30 July 2010
View Milesc's Profile

Must have if you want to learn technical analysis

I purchased this book about 5 months ago and did not realize how much there is to know about technical analysis besides "support" and "resistance" lines. I believe every investor/trader needs to understand technical analysis before getting in the game. This is the perfect learning tool for understanding patterns such as "bullish/bearish engulfing" and "gaps". I was also fascinated to learn about the importance of the number three in candlestick analysis (tied to the importance of the number three in Japanese culture)....purchase the book to find out more!!!

Overall Rating
Education
Entertainment
Value

Was this review helpful? Yes   No

24 May 2010
View Spur20's Profile

Essential book

Ok so I was young getting started and heard this book was the best but admittedly refused to pay so much for it. Instead I bought a cheap wannabe and well you get what you pay for, we should all know price is an indicator. Some money lost and lesson learned, I gave in and bought it and it’s been my best investment to date. This book is an imperative read for traders. There is a large section dedicated to the use of candlesticks with various indicators so it’s great for improving overall technical analysis. All patterns are thoroughly explained with the use of charts and you will find yourself constantly referring back to this book. It is the one trading book I never lend.

Overall Rating
Education
Entertainment
Value

2 of 2 people have found this review helpful.

Was this review helpful? Yes   No

12 May 2010
View VogueTrader's Profile

Great book

I had to read it several times and each time I learn something new.... great to get his perspective on what each candlestick means.... they all have meaning with which to gauge the buying and selling biases in the market.... this also complements western patterns. Nisson has a later book too. Great book, a little tough reading sometimes for beginners, but stick with it. It's worth it!!

Overall Rating
Education
Entertainment
Value

5 of 5 people have found this review helpful.

Was this review helpful? Yes   No

12 May 2010
View Luke11's Profile

Elegant Writer

This book is really good as a foundation for a technical trader. I found it very worthwhile but a little time consuming to follow at times. Lots of times his diagrams are on different pages
from the description so it's difficult to flip back and forth so much. I think there is a newer version of this book so I'd go with the new one. i would also recommend reading it several times as I would most technical trading books. it will begin to really open your eyes much better. Also know that candlesticks are a tool to use to improve decisions but by no means is a strategy by itself. I think the parts about windows and how they serve as support/resistance and are part of continuation patterns is really important and I think Nison does make sure to let you know that.

Overall Rating
Education
Entertainment
Value

5 of 5 people have found this review helpful.

Was this review helpful? Yes   No

25 April 2010
View Angelajk's Profile

Page:   123 ... 5