Japanese Candlestick Charting Techniques: A Contemporary Guide to a Client Investment Technique Far East

Good book and good condition and delivery was on time.

prompt delivery, good product

I purchased this book not knowing anything about candlestick charting and having read it feel more confident when reading candlestick charts. The book is very clear in laying out the candlestick patterns, with plenty of example charts. The only problem I found is that I was constantly flicking back and forth between the charts and the chart text, which was often a page ahead. I would recommend this book, but it's no bible, I wouldn't use candlestick patterns on their own when making trading decisions I'd use other indicators along with them. I must admit that all my charts are candlesticks now and feel the book was worth the money I paid.

Whether you are a short or long term trader, this book is a must have. Once you read this book, you will want to use no other charting method but candlesticks. More important than teaching very common chart patterns, you come away with a good understanding of what each type of candlestick is telling you about the psychology of the market you are studying. Although his clear illustrated examples use mostly futures, these methods definitely apply to equities as well. You will no longer fear shorting a stock when you can clearly see the "dark cloud cover" on strong volume. If you want to know more about technical charting and have money for only one book, this is it.

The most important reason to read this book is to learn candlestick charting. The next best reason is that this is a fine well written book for novices and experts alike. Nison gives clear explanations of the indicators important in candlestick charting, and then goes on to explain why the indicators are strong or weak. The result for me was that I learned some very concrete techniques while also gaining a deeper understanding of market behavior in general. In many areas the Japanese interpretation of chart events differ from the Western view, and this is most fascinating. I highly recommend this book for novices and beyond.

Recommend it

Useful and interesting teaching. This is one of his first texts. The concepts are timeless, so don’t let that discourage you. I find the discussions about Japanese history and word useage makes the teaching flow well. At the same time, trading application is sound. This text complements other technical analysis applications. In fact, Mr. Nison develops the concept of using multiple tools quite well.

I use this as part of my trading formula, it's not the whole package; but mastery of each element is essential. Great book, highly recommended. Steve Nison also came out with a trading seminar DVD, which is worth watching as well.