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Japanese Candlestick Charting Techniques, Second Edition

Prentice Hall Press
List Price: $100.00
Price: $50.67
You Save: $49.33 (49%)


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Japanese Candlestick Charting Techniques, Second Edition


Prentice Hall Press

List Price: $100.00
Price: $50.67
You Save: $49.33 (49%)

Customer Reviews

The worst for Candlesticks - the BEST and I know
I get a few books on candlesticks. I bought others which were cheaper, equitable though many reviews pointed towards Nisons' toil. Note that in Australia, we are talking about $35 (other books) compared to $150 (Nison's engage) ... so anyway, after buying many others, and looking all beyond the 'net for info. on Candlesticks, I ran into Nisons' book in a snitch on, looked through it and had to have it.It has a LOT LOT LOT more depth than the others. There is more to candlesticks (or any payment movement analysis) than just a bunch of patterns, names, formations ... the other books are far far too summary. I cannot emphasise this enough. Look at all the other reviews for this lyrics, many many good words said.It is acutely readable, very clear, the examples are excellent, but most valuable are the insights for all the patterns ... that other books altogether do not have. Sure, it costs a bit more than the other candlestick books, but hey, how much gain are you trading? Does an extra 30...
Matchless resource for understanding candlestick charts.
If you possess heard of candlesticks but know nothing about them, look no remote, this is THE book for you. In beautiful form and style, Steve Nison brings you into the time of Japanese candlestick charts and patterns. First giving you a fascinating record of the birth of the futures markets in Japan. Armed with that learning, Mr. Nison delves into the "psychology" behind the patterns that develope in the map. He provides a thorough explaination of each pattern, down to it's prominent name, and what to anticipate when the pattern unfolds. There is also a rotund part of the book devoted to using candlestick charts with different indicators i.e., stochastics, moving averages, relative toughness, etc. You name it, he's got it. Actual charts are provided to visually increase Steve Nison's explainations. Not only does he utter, but he showes you using various markets from coffee futures to the S&P furnish. This book is a must addition to the library of any seller...
Do not use it solitary
I came across this book in 1998, announce it reread it and memorized all the patterns. THe patterns are interesting and prepare meaningful names.I can say that candlesticks have kept me away from losses. But you can scarcely make good money following candlesticks merely.THe continuation patternss are more important than the reverse patterns. Reversals can be treacherous. Reversals MUST be confirmed by a smash in trend. Indeed candlestics alone can be dangerous. See it for yourself, contrariwise 35 percent of hammers are harbingers of a reversal.YOu compel ought to to combine candles with western moving averages.All in all I must purchased hundreds of trading books and threw them in the rubbish. This is the one I keep and regularly refer to.Candlestics are superior in calculating stops.

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