Beyond Candlesticks: New Japanese Charting Techniques Revealed (Wiley Finance) (Hardcover)

~ (Author) "There is a Japanese saying, " A clever hawk hides its claws..." (more)
Key Phrases: kagi line, blended candle, renko chart, Nippon Technical Analysts Association, Reuters Graphics, World Bank (more...)

Editorial Reviews

Product Description

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 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. The organization is impeccable … reading it was a pleasure." —Commodity Traders Consumer Report

From the Publisher

Known internationally as ``The Father of Candlesticks,'' Nison reveals more Japanese charting methods which have never been published or used in the Western world. Describes kagi, renko and three-line break charts. Provides a brief review of candlesticks and previously unavailable candlestick patterns that can be used in equities, fixed-income, foreign exchange and overseas markets.

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Product Details

• Hardcover: 282 pages
• Publisher: Wiley (October 1994)
• Language: English
• ISBN-10: 047100720X
• ISBN-13: 978-0471007203
• Product Dimensions: 11.1 x 8.8 x 1 inches
• Shipping Weight: 2.3 pounds (View shipping rates and policies)
• Average Customer Review: 4.3 out of 5 stars  See all reviews (16 customer reviews)
• Amazon.com Sales Rank: #143,529 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

222 of 231 people found the following review helpful:

1.0 out of 5 stars Review session, June 7, 2000

By A Customer

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.

53 of 57 people found the following review helpful:

5.0 out of 5 stars Really tells you how to use candlesticks, July 16, 2003

By	PGMS "PGMS" (NJ USA) - See all my reviews

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.

38 of 40 people found the following review helpful:

4.0 out of 5 stars Good addition to his earlier book, April 10, 1999

By A Customer

The first part of this book covers some main parts his best selling classic book on candlestick back in the early 1990s with some new insights. The second part of the book explains some new charting techniques only then known in Japan. These techinques I found are quite adequate if used with candlesticks but nothing revolutionary as I have expected. Candlestick charting is still the fundamental tool used for trading.