Welcome to the Traders Laboratory Forums.
The Candlestick Corner All about candlesticks. Moderated by brownsfan019.

Reply
Old 07-28-2007, 01:18 PM   #9

TinGull's Avatar

Join Date: Oct 2006
Location: Stockton Springs, Maine
Posts: 1,440
Ignore this user

Thanks: 0
Thanked 53 Times in 19 Posts

Re: What's the best resource for learning about candles?

Quote:
Originally Posted by cooter »
It somewhat amuses, yet appalls me that Westerners should come around to another culture, usurp its technology, and then declare themselves as the experts in the "new" technology.
I dont recall Nison claiming this as a "new" technology and claiming it as his own. He may very well be an expert on the subject, but I don't know that it matters whether the subject originated in Japan or Germany or Albania.
TinGull is offline  
Reply With Quote
Old 07-28-2007, 01:25 PM   #10

brownsfan019's Avatar

Join Date: Jan 2007
Location: USA
Posts: 4,255
Ignore this user

Thanks: 1,912
Thanked 1,789 Times in 895 Posts

Re: What's the best resource for learning about candles?

Reaver - start with Nison. He's the godfather of candlesticks if you will.

Here's 2 reviews I did on TL for a couple books:
http://www.traderslaboratory.com/for...tion-1561.html

http://www.traderslaboratory.com/for...ison-1560.html

Steve's website is: http://www.candlecharts.com/

Keep in mind that 1 or 2 books is just the tip of the iceberg. I would strongly suggest taking a look at his DVD's as well and/or attend a live event, if you are/get serious about learning more.
brownsfan019 is offline  
Reply With Quote
Old 07-28-2007, 01:26 PM   #11

Join Date: Nov 2006
Location: FL
Posts: 901
Ignore this user

Thanks: 0
Thanked 6 Times in 5 Posts

Re: What's the best resource for learning about candles?

Quote:
Originally Posted by TinGull »
I dont recall Nison claiming this as a "new" technology and claiming it as his own. He may very well be an expert on the subject, but I don't know that it matters whether the subject originated in Japan or Germany or Albania.
Hey I've been to Albania!

I agree though- Nison definitely didn't say he invented candlesticks...In a stocktickr interview he said that someone from Japan who worked at the same firm as him way back in the day ordered candlestick chart books for their research and he became curious from there.
__________________
Think before you speak...we'll both know more that way
Reaver is offline  
Reply With Quote
Old 07-28-2007, 01:27 PM   #12

brownsfan019's Avatar

Join Date: Jan 2007
Location: USA
Posts: 4,255
Ignore this user

Thanks: 1,912
Thanked 1,789 Times in 895 Posts

Re: What's the best resource for learning about candles?

Quote:
Originally Posted by cooter »
Is it me, or is it curious that you'd think that since the candlesticks were developed by rice traders in Japan several centuries ago before the West even knew what they were, that perhaps the experts in this matter might be Japanese?

It somewhat amuses, yet appalls me that Westerners should come around to another culture, usurp its technology, and then declare themselves as the experts in the "new" technology.

So, with candlesticks, is this the case? Love to hear an Eastern perspective - perhaps Soultrader, you might have some insight or opinion on all of this?

thxs
cooter - just b/c something originates in a different country does not mean people in other countries cannot use it and/or perfect it. See the car industry for an example. Good ole Ford, Chrysler, etc is where it started and now the foreigners are over taking the 'experts'. How dare they!
brownsfan019 is offline  
Reply With Quote
Old 07-28-2007, 01:29 PM   #13

brownsfan019's Avatar

Join Date: Jan 2007
Location: USA
Posts: 4,255
Ignore this user

Thanks: 1,912
Thanked 1,789 Times in 895 Posts

Re: What's the best resource for learning about candles?

Steve's bio (in my words) is basically he came across the charts and decided to study them overseas for quite awhile. He then brought the knowledge and ideas back to the US and now we have candlestick charting.
brownsfan019 is offline  
Reply With Quote
Old 07-28-2007, 01:36 PM   #14

Join Date: Nov 2006
Location: FL
Posts: 901
Ignore this user

Thanks: 0
Thanked 6 Times in 5 Posts

Re: What's the best resource for learning about candles?

Thanks for the info, Brownsfan.

Nate
__________________
Think before you speak...we'll both know more that way
Reaver is offline  
Reply With Quote

Reply

Thread Tools
Display Modes Help Others By Rating This Thread
Help Others By Rating This Thread:


Similar Threads
Thread Thread Starter Forum Replies Last Post
[Volume Based Candles] and how to profit TinGull Technical Analysis 119 05-15-2011 12:37 AM
Study of Trading Psychology behind Candles Soultrader Technical Analysis 0 03-19-2007 01:59 AM
The Comprehensive Resource on Market Profile from the CBOT KhurramNaik Market Profile 1 02-28-2007 04:46 PM
Learning To Protect Your Capital Soultrader Money Management 1 01-28-2007 06:39 PM
Learning Price Movement Lisa Technical Analysis 5 09-11-2006 09:21 PM

All times are GMT -4. The time now is 09:31 AM.
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
CS to VB integration by DeskLancer
©2006-2011 Traders Laboratory, All Rights Reserved.