Beyond Candlesticks: New Japanese Charting Techniques Revealed
$25.50
| Author(s) | |
|---|---|
| Pages |
276 |
| Format |
|
| Published Date |
1994 |
Beyond Candlesticks provides step-by-step instructions, detailed charts and graphs, and clear-cut guidance on tracking and analyzing results, everything you need to pick up these sharp new tools and take your place at the cutting edge of technical analysis.
Introduction:
A chart is like a map, the more information each one provides, the better the chance of reaching your destination safely. Candle charts display a more detailed and accurate map of the market than do bar charts. A Japanese book that I had translated stated, “It is not an exaggeration to say that candlesticks are the best in the world and a very exquisite creation for charts. This is because, as detailed below, candle charts open new avenues of analysis and offer many advantages over bar charts:
- 1- Candle charts will pictorially display the supply-demand situation by showing who is winning the battle between the bulls and the bears. Bar charts do not.
- 2- Like bar charts, candle charts will show the trend of the market, but candle charts add another dimension of analysis by revealing the force
behind the move. - 3- Bar chart techniques can often take weeks to transmit a reversal signal. However, candle charts will often send out clues of imminent reversals in one to three sessions. The result is that candle charts often provide the opportunity for more timely trades.
These are just some reasons why the flames of interest in candle charts grow ever brighter. In just a few years, candle charts have joined bar charts and point and figure charts as a basic charting technique. Candle charts are drawn using the same data as bar charts (the open, high, low, and close), so they send all the same signals that can be found ot but charts.
Contents:
- THE BASICS
- THE PATTERNS
- CANDLES AND THE OVERALL TECHNICAL PICTURE
- HOW THE JAPANESE USE MOVING AVERAGES
- THREE LINE BREAK CHARTS
- RENKO CHARTS
- KAGI CHARTS
Beyond Candlesticks: New Japanese Charting Techniques Revealed By Steve Nison
24 reviews for Beyond Candlesticks: New Japanese Charting Techniques Revealed
Clear filtersOnly logged in customers who have purchased this product may leave a review.
Hassan Valencia (verified owner) –
If you are wanting to learn the art of candlestick charting, then this book is for you.
Berkley Cameron (verified owner) –
Beyond CandleSticks is one of the more helpful books in truly explaining the underlying meaning of multiple days of trading accompanied by volume. This book can significantly help you lock in profits when used correctly by indicating when a stock has topped or bottomed out. Make sure you select a good charting system that assists with the user interface, like Telescan, which actually lists the acronym of the trading pattern above the element displayed. This function helps save time when analyzing many stocks at any time. I highly recommend this for options or short-term traders. Candlestick charting is not just a charting system it’s a hobby. I have truly enjoyed buying and selling stocks more since reading and learning more about this Technique. Good luck to all you traders out there.
Andy Rivers (verified owner) –
Candlesticks are the strongest picture of the internal mass psychology driving the market. Once you have learned how to identify basic candlestick patterns from Steve Nison’s first book(Japanese Candlestick Charting Techniques)you must learn how to place them in the context of everyday charts. “Beyond Candlesticks” teaches you how to identify the nuances that can make the difference between a profit and a loss. If you have wondered how to get an edge on the market, this is it. The information on how to combine candlesticks with traditional western technical anlayis, gives you the ability to create a complete trading system.
Rayan Marks (verified owner) –
The underlying principles on the formation of the patterns were well discussed. Simple to understand due to actual samples.
Frida Liu (verified owner) –
Absolutely an excellent book. If you want to get a comprehensive knowledge of Candlesticks reading Beyond Candlesticks and Nison’s first book about candlesticks, Japanese Candlestick Charting Techniques are a must. Nison is an excellent teacher.
Ibrahim Waters (verified owner) –
I never really read much of this book. When I bought it, I was trading foreign currency, but I gave that up shortly after my purchase.
Roy Cobb (verified owner) –
Taught me a lot, I felt the author drifted a little too much. However, he did teach me about the use of Candlesticks
Jamari Moyer (verified owner) –
I would recommend it to anyone who is interested in charting techniques and currency and shares trading, very useful book.
Charlotte Roth (verified owner) –
His first book was better &more exciting I believe.Still it is a plus to read this book.This book is also written with good intentions.Definetely gives you a better understanding about spirit of markets.I rate it as a must book for traders.
Pedro Paul (verified owner) –
This book as well as Candlestick Course by the same author, should be in every trader’s library. Very happy with the book. Both are great reference books.
Charlotte Dodson (verified owner) –
If you trade for a living this it the book!
Bristol Davidson (verified owner) –
Great content, gives essential information about technical analysis. My only concern is that the figures don’t always follow the text and I end up flipping back and forth to read the text, and then look at the figure. This makes is a little tough to follow.
Seven Blackburn (verified owner) –
Good buy
Kiana Pace (verified owner) –
Good book. Methodology is well explained by Nison. Unfortunately, I can’t say that it helped me make more money in the market.
Aviana Valenzuela (verified owner) –
Very informative in depth analysis of trading using Japanese candlesticks. Highly recommend for any serious trader
Monica Aguirre (verified owner) –
It was an amazing experience buying.
Stefan Andrews (verified owner) –
an eye-opening treatise that merges eastern and western thought on technical analysis
Dante Brown (verified owner) –
They said “As-New” and it was. Great value compared to a new one.
Dior Barton (verified owner) –
The core ideas in this book are simply a rehash of what Nison has already nicely covered in his previous books. He discusses candlesticks are in detail. In my view, however, it’s better to learn about them from his classic JAPANESE CANDLESTICK CHARTING TECHNIQUES. That’s a very thorough treatment and fun to read.
Maddison McLaughlin (verified owner) –
both these books are dam good and a must have. thank me later
Payton Hail (verified owner) –
Educational!
Zola Nava (verified owner) –
Back when I first got into trading in 2015 this was one of many books that helped me learn. Back then a lot of College kids were acting like trading experts to sell people on their auto traders and MLMs but I never bought into it. I always cut out the middle man and retrace footprints to the source. For learning Candlesticks to my memory the first five chapters were the most important. The rest was about different style graphs
Hector Bradshaw (verified owner) –
Good explainations, flows well.
Danna Hardin (verified owner) –
Another great book full of knowledge by an experienced author.
Great source to learn candlestick charts, all of Steve’s books are a must read.
Highly recommended!
Thank you for your books Steve!
Other than that, 10 stars out of 5! Thank you again Steve!