Candlestick Charting Explained


  • Pages: 547
  • Format: PDF
  • Published Date: 2006


Candlestick Charting Explained: Timeless Techniques for Trading Stocks and Futures

Candlestick Charting Explained features updated charts and analysis as well as new material on integrating Western charting analysis with Japanese candlestick analysis, grouping candlesticks into families, detecting and avoiding false signals, and more.


Japanese candlestick charting and analysis is definitely a viable and effective tool for stock and commodity market timing and analysis. That is a bold statement, especially when you consider the universe of analysis techniques that are being promoted, offered, sold, used, abused, and touted. Other than Nison’s work, the only problem has been the lack of detailed information on how to use and identify them.

Not only will this book solve this problem, but it will also provoke an intellectual curiosity in candlesticks that will not easily disappear. Japanese candlesticks provide visual insight into current market psychology. There is no ancient mystery behind Japanese candlesticks, as some promoters would have you believe.

They are, however, a powerful method for analyzing and timing the stock and futures markets. That they have been used for hundreds of years only supports that fact. When candlesticks are combined with other technical indicators, market timing and trading results can be enhanced considerably.

Japanese candlestick analysis used with other technical/market indicators will improve your performance and understanding of the markets. Even if you use candlesticks solely as a method of displaying data, you will find them indispensable. Candlestick charting, candle pattern analysis, and candlestick filtering will give you an edge, a tool if you will, that will enhance your understanding of the markets and trading performance. Learn candlestick charting and analysis, use it, and enjoy its rewards.


  • Candlestick Lines
  • Reversal Candle Patterns
  • Continuation Patterns
  • Sakata’s Method and Candle Formations
  • The Philosophy behind Candle Pattern Identification
  • Reliability of Pattern Recognition
  • Candle Pattern Performance
  • Candle Pattern Filtering
  • Candlesticks for Traders