Japanese Candlestick Charting Techniques

It has a LOT LOT LOT more depth than the others. There is more to candlesticks (or any price movement analysis) than just a bunch of patterns, names, formations ... the other books are far far too brief. I cannot emphasise this enough.

Look at all the other reviews for this book, many many good words said.

It is very readable, very clear, the examples are excellent, but most valuable are the insights for all the patterns ... that other books simply do not have.

Sure, it costs a bit more than the other candlestick books, but hey, how much money are you trading? Does an extra 30 or 50 bucks make that much difference for the extra insight you will gain?

This is not just the best ~Candlestick~ book, but it is a very very good TA book as well. Candlesticks are, after all, just a way of plotting price movements.

Note that, in searching the web for info. on TA and investing, this book came up time and time again as ~highly~ recommended. Now I pass that recommendation on.

Note also Nison has another book, "Beyond Candlesticks", and while I think that this is also a good book, get this one first and learn it all, the second book concentrates more on a few "Advanced" techniques, I don't know if they are so much advanced as they are just a few more techniques + brushing over what is in the first book. Get this first book, because it has more depth on the essentials that you need to know. Get the other book later, don't try and save money by jumping to the second one in the hope it will make the first obsolete, don't try and save money by getting a cheaper candlestick book, don't brush this stuff off thinking you've learnt all the candlestick stuff just by seeing a couple of patterns and names.

I also highly recommend Technical Analysis of the Financial Markets, this is recently updated and so incredibly good.

Beginner trader: will help you a lot, a very good investment, but also look to the book recommended above.

Intermediate: what are you doing? making a profit? get the book. Not making a profit? get the book, or get out of trading.

Advanced: why don't you have it? it should be on everyone's bookshelf, have you no pride? can't you afford it?

This is one of those trading books you cannot afford not to have. I don't give that rating to many other trading books.

Good luck!

Oh, and it is enjoyable to read.


Worth reading   April 13, 2000
dan_nicol@hotmail.com (Shenley, UK)
15 out of 15 found this review helpful

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.


Great Book, buy it!   November 14, 1999
3 out of 10 found this review helpful

For the first time, i've found a really good book. The only thing to say is "Buy it!"