Beyond Candlesticks

Submitted by Book Library on 3 March, 2010 - 21:27

From the "Father of Candlesticks" penetrating new Japanese techniques for forecasting and tracking market prices and improving market timing Steve Nison has done it again. The man who revolutionized technical analysis by introducing Japanese candlestick charting techniques to Western traders is back this time with a quartet of powerful Japanese techniques never before published or used in the West. Stunningly effective on their own, these new techniques pack an even greater wallop when teamed up with traditional trading, investing, or hedging strategies, and Steve Nison shows you how to do it.

Beyond Candlesticks: New Japanese Charting Techniques Revealed 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. Critical praise for Steve Nison’s first book destined to become the classic reference on the subject." Charles Lebeau and David Lucas Technical Trader’s Bulletin "I believe Steve Nison’s new candlestick book is destined to become one of the truly great books for this time period. Whether you trade futures, commodities, or equities, day trade or hold positions overnight, this book is a must." Lee Siegfried Investor’s Library, Data Broadcasting Corp. "It is hard to be too effusive about the quality of Nison’s work , this is clearly one of the best investment books ever written in terms of covering a subject with pedagogical ability and writing skill.

Positive Review of Book Beyond Candlesticks

Steve Nison goes through all of the major Candlestick patterns here. And, he shows you close calls as well. This is great, because the real world does not always have what is in the pretty picture in your book. Nison adds to the value by showing you how to use Candlesticks in conjunction with classic Western Technical analysis. If only he'd added a chapter on Elliott Wave Theory and Candlesticks (lots of reversal Candles at the end of waves). Buy this one instead of his first book if you are only buying one.

Negative Review of Book Beyond Candlesticks

If you already own "Japanese Candlestick Charting Techniques" by the same author, then this is going to be alot of review for you. Most of the book is just much of the same information contained in aforementioned. Unless you are seeking a heavy dose of more of the same, no need to purchase this one, stick to the first book, which should serve you well as a reference.

Author Biography

Steve Nison. CMT holds the distinction of introducing Japanese Candlestick Charting to the Western world. As such, the foundation of all candlestick information in America and Europe is based on the foundation of Mr. Nison's work. Regarded as one of the most foremost technical analysts in the world, Mr. Nison is not only the acknowledged master of these previously secret candlestick techniques, but is also an expert on Western technical analysis with over 30 years real world experience.

Mr. Nison's work has been highlighted in The Wall Street Journal, Institutional Investor and Barron's. He has presented his trading strategies to traders from almost every investment firm on how to apply - and profit from - these methods. He has also lectured at numerous universities and, by request, at the World Bank and the Federal Reserve. You have candles on every platform. You may be new to candles- or even using them now. Either way it is vital to your trading success that you learn how to use them correctly. That is why Mr. Nison is dedicated to giving traders and investors the correct candlestick education with Nison Candlesticks- Candlestick training the right way.

Table of Contents

  1. Part One: CANDLES
    • Chapter 1: Overview
    • Chapter 2: The Basics.
    • Chapter 3: The Patterns.
    • Chapter 4: Candles and the Overall Technical Picture.
    • Chapter 5: How the Japanese Use Moving Averages
    • Chapter 6: Three-Line Break Charts.
    • Chapter 7: Renko Charts.
    • Chapter 8: Kagi Charts.

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