I translated the Japanese candle charting literature, and my books were published in 19. I began to expand my abilities in candle charting techniques, and I met a Japanese trader who was willing to share his knowledge with me. I was able to learn about the Japanese terminology and concepts, and became comfortable with them. I spent years researching and learning about Japanese candle charting methods. However, candle charts send out insights into the health of the market that are unavailable anywhere else. They require the same data as bar charts to be drawn, which means that any of the technical analyses used with bar charts can be applied with candle charts. They also provide unique market insights that traditional bar and point and figure charts do not.Ĭandle charts are a win-win situation. Until the publication of Japanese Candle Charting Techniques, the claws of Japanese charting analysis were a secret from the Western world.Ĭandle charts are easy to understand and provide early indications of market turns. The Japanese candlestick chart analysis, so called because the lines resemble candlesticks, has been refined by generations of use in the Far East. Insights from Chapter 4 Insights from Chapter 1 Insights on Steve Nison's Japanese Candlestick Charting Techniques #4 I spent years researching and learning about Japanese candle charting methods.

#3 Candle charts are a win-win situation. They also provide unique market insights that traditional bar and point and figure charts do not. #2 Candle charts are easy to understand and provide early indications of market turns.

Until the publication of Japanese Candle Charting Techniques, the claws of Japanese charting analysis were a secret from the Western world. #1 The Japanese candlestick chart analysis, so called because the lines resemble candlesticks, has been refined by generations of use in the Far East. Please note: This is a companion version & not the original book.

Candlestick pattern book by steve nison