Beyond Candlesticks: New Japanese Charting Techniques Revealed Wiley Finance: Amazon.co.uk: Steve Nison: Books

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 Inside Flap

Beyond Candlesticks New and powerful Japanese charting secrets revealed for today’s traders and investors In 1990, Steve Nison introduced traders in the West to a powerful analytical tool that had long given Japanese Investors a competitive edge. Now, with this groundbreaking new book, the "Father of Candlesticks" further revolutionizes technical analysis with an entire collection of stunningly effective Japanese techniques. In Beyond Candlesticks, Steve Nison unveils the mysteries of four more of Japan’s most closely guarded financial secrets—Kagi, Renko, Three–Line Break charts, and the disparity index—incredibly versatile techniques for forecasting and tracking market prices and buying and selling periods. Completely self–contained and requiring no prior experience with Japanese charting techniques, Beyond Candlesticks:

Introduces Kagl, Renko, and Three–Line Break charts—powerful non–time series charting techniques never before seen In the West
Explores the exotic twists and turns of the disparity index—a Japanese secret more exact and timely than its Western cousin, moving averages
Takes you step–by–step through each charting technique with the help of nearly 200 illustrations, dozens of detailed real–world examples, and clear–cut guidelines on how to use them In your day–to–day trading and Investing
Demonstrates how these techniques can be used on equities, futures, fixed–in–come, foreign exchange, and overseas markets
Explains how they can be merged with candlesticks and traditional Western techniques to create powerful new hybrids

But that’s not all. In addition to Instructing readers in these exciting new charting techniques, Nison also takes us deeper inside the mysteries of candlesticks than ever before. Expanding his coverage beyond the futures markets that were the focus of his 1991 classic, Japanese Candlestick Charting Techniques, Nison describes candlestick patterns that can be applied to stocks, bonds, and foreign exchange. He also demonstrates new ways in which candlesticks alone or in conjunction with traditional Western techniques, can be adapted to virtually any trading, investing, or hedging strategy. Affording Western readers an unprecedented opportunity to acquaint themselves with these powerful, centuries–old techniques, Beyond Candlesticks is a resource that no trader, broker, analyst, or Investor can afford to be without.

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21 of 22 people found the following review helpful

A definitive work for those interested in using candlesticks 3 Feb 1999

By A Customer

Format:Hardcover

I can't put this one down. It is a great book that goes into great detail to explain candlesticks and how they represent market forces and trends. If you are doing any day trading at all, to ignore candlesticks is to leave money on the table. I highly recommend this book to all day traders. The charts are fantastic and there are a million illustrations that help you understand how the candlesticks work. Just a great book.

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3 of 3 people found the following review helpful

Beyond Candlesticks 27 Sep 2010

By The Old Gibber

An excellent and easy to understand book, I feel I now have a good insight into how to trade with candles and have not entered a losing trade since reading the book, but its early days yet. The charts at the back are good and give insight on when a price has turned, this signal may be too late for some players, I found the three line break chart interesting because it fits in with my own spread sheets, this adds another indicator to my existing charts. Reading this book together with Come into my trading room by Dr Alexander Elder has given me the tools to trade with confidence.

12 of 15 people found the following review helpful

Good addition to his earlier book 11 April 1999

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.