It's hard to believe that Japanese-style candlestick charts, the "weapon" in Japanese technical analysis, were completely unknown to the Western world before Steve Nison revealed them to the Western hemisphere in 1989. Candlestick charts are now very popular and it is hard to imagine that before the first edition of this book was published, no one in the West knew the sophistication of this technique and none of the services used candlestick charts. In a short period of time Japanese Candlestick Charting Techniques could become the cornerstone of the entire candlestick chart system in the West. It is thanks to the first edition of this book that you can now find candlestick charts on the internet and many other places. Thanks to its content that illustrates the popularity and effectiveness of candle diagrams, the book has been translated into six languages and reprinted thirteen times.
The guidelines, techniques, and topics presented in the first edition of the book are timeless and highly beneficial across all market segments and time periods. However, from the results of logical thinking, the addition of several new aspects in this second edition of the book which includes the latest diagrams. More discussion of the equity market, which focuses on active trading with intraday diagrams, improvements and new strategies, as well as the latest blend of Western model analysis techniques with candlestick charts. Steve Nison, CMT, was the one who first revealed the incredible prowess of candlestick charts to the Western hemisphere. He is recognized as a leading expert in this field. Japanese Candlestick Charting Techniques belong to the category of best-seller or best-selling at the international level and are the basis of all research and analysis related to candlesticks.
Table of Contents
Chapter 1 Introduction
Chapter 2 Historical Background
Part 1: The Basics
Chapter 3 Building the Lines of Candle Bars
Chapter 4 Inverse Patterns
Chapter 5 The Stars
Chapter 6 More Reversal Patterns
Chapter 7 Advanced Patterns
Chapter 8 Magic Doji
Chapter 9 Putting It All Together
Part 2: Merging
Chapter 10 A Bunch of Candles
Chapter 11 Candles with Trendlines
Chapter 12 Candles with Retraceability Levels
Chapter 13 Candles with a Moving Average
Chapter 14 Candles with Oscillators
Chapter 15 Candles with Volume
Chapter 16 Measurable Movements
Chapter 17 The Best of the East and the West: The Power of Merging