Japanese Candlestick Charting Techniques, Second Edition by Steve Nison

Japanese Candlestick Charting Techniques, Second Edition by Steve Nison

Published by brownsfan019
04-03-2007

Japanese Candlestick Charting Techniques, Second Edition by Steve Nison

This book is the follow up to the review I posted here:
http://www.traderslaboratory.com/for...ison-1560.html

I would suggest this book (Japanese Candlestick Charting Techniques, Second Edition) if you are interested in expanding your candlestick knowledge and want to learn more about the theories and explanations behind what the candles may be telling you. This book feels much more like a textbook; whereas the review listed above is more of a workbook feel.

In this book, Nison talks about daytrading (which is nice if you are a daytrader) and his view of convergence. Again, this book takes the workbook to the next level and he really dives into specifics. This is ideal for the trader that wants more and wants to understand why certain patterns are respected as often as they are.

If serious about trading candlesticks, I would highly recommend this book!

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Author review
Trading Wisdom		4
Insightful		3
Unique Content		4
Worth the Price		5
Average 80%

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By notouch on 05-22-2007, 08:30 AM

Re: Japanese Candlestick Charting Techniques, Second Edition by Steve Nison

I thought I knew all I needed to know about candlesticks but then I read this book and realised there's a lot more to candlesticks than hammers and dojis. Well worth the read, especially for swing and position traders.

1 links from elsewhere to this Post. Click to view.

#1 (permalink)

By brownsfan019 on 05-22-2007, 08:52 AM

Re: Japanese Candlestick Charting Techniques, Second Edition by Steve Nison

	Quote:	notouch
	I thought I knew all I needed to know about candlesticks but then I read this book and realised there's a lot more to candlesticks than hammers and dojis. Well worth the read, especially for swing and position traders.

I couldn't have said it better notouch. Candles are very powerful when you understand fully how to use them and use them properly. Simply looking for shapes that you found on a free website won't cut it.

Good luck and welcome to the world of candles!

#2 (permalink)

By dowe66 on 03-08-2008, 02:29 PM

Re: Japanese Candlestick Charting Techniques, Second Edition by Steve Nison

If serious about trading candlesticks, I would highly recommend this book!

I Second That! Since reading this book my trading has had a significant increase to the upside.

#3 (permalink)

By AgeKay on 03-15-2008, 02:55 PM

Re: Japanese Candlestick Charting Techniques, Second Edition by Steve Nison

Worst book about trading that I have seen so far, but that's only because I believe that candlesticks are completely arbitrary. If you do like them, the book at least "looks nice" with it's big letters and charts.

#4 (permalink)

By brownsfan019 on 03-16-2008, 12:50 AM

Re: Japanese Candlestick Charting Techniques, Second Edition by Steve Nison

	Quote:	AgeKay
	Worst book about trading that I have seen so far, but that's only because I believe that candlesticks are completely arbitrary. If you do like them, the book at least "looks nice" with it's big letters and charts.

Thanks for the useless commentary.

It's true people - if you think candlestick analysis is 'arbitrary' - then guess what? A BOOK DEDICATED TO TRADING CANDLESTICKS MAY NOT BE YOUR CUP OF TEA...

Unbelievable...

Why bother spending money if you don't believe the methodology can work? That makes absolutely no sense ... you think candlestick analysis is no good, yet you spend the money to purchase a book on how to trade with candlesticks? Anyone else see the irony here?

As you can tell from my screen name, I am a Cleveland Browns fan. I bleed orange and brown through and through. Guess what? I don't think I would be impressed with a book, DVD, etc. about the NY Giants. Or the Dallas Cowboys. Would I ever spend a penny on these other teams? NO. Would it be a surprise if I did a review on the book or dvd was not impressed? NOPE. Why? I don't know... maybe b/c I have a slight bias?

#5 (permalink)

By jessechan on 03-16-2008, 07:36 AM

Re: Japanese Candlestick Charting Techniques, Second Edition by Steve Nison

How would one compare Nison's book with Bigalow's "High Profit Candlestick Patterns"? I like the latter very much, but I haven't read the former.

#6 (permalink)

By raven4ns on 04-09-2008, 02:47 PM

Re: Japanese Candlestick Charting Techniques, Second Edition by Steve Nison

	Quote:	jessechan
	How would one compare Nison's book with Bigalow's "High Profit Candlestick Patterns"? I like the latter very much, but I haven't read the former.

Hi Jessechan,
I have Nison's book as well as greg morris's book. What made u feel that bigelow's book was good? What did u garner from it? Thank you.

Tim

#7 (permalink)

By jessechan on 04-09-2008, 07:41 PM

Re: Japanese Candlestick Charting Techniques, Second Edition by Steve Nison

Hi, Tim,

I have Morris's book as well as Bigalow's book. Both of them are quite good for candlestick course. I'm not sure if I should get Nison's book as well.

Thanks.

Jesse

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