Japanese Candlestick Charting Techniques by Steve Nison (1991, Hardcover)

From the first page to the last you will treasure this goldmine of information. This author is truly the only Western authority on candle analysis. He breaks ground with the beginner with clarity. If you trade and never saw this concept of using candle charting you dont know what you are missing. Nison unfolds the journey of stock trend changes and tells you why trends in price movements take place. This insight enables you, the trader, to forecast, with reasonable assurance, future stock trend reversals that are coming. Understanding candle patterns will then enable you to time more accurately your buy and sell strategies. Candle charting does not predict stock prices and the author never violates that rule. If you are a beginner, dont worry. Nison carries you out of the black hole of stock mysteries. Each chapter is a stepping stone that leaves you wanting more. The glossary is like an additional book. Dont be fooled by his easiness to explain things. Every page is a wealth of information. There are many years of experience wrapped up here that even a more seasoned trader cannot overlook. Book two lives up to the further expectations of that. But here is a tool you will keep on your trading desk. It will become a silent partner. Know this, that candle interpretation is not a stand alone tool. The author is fair to explain why and what else to do. Buy it. Enjoy it. And watch your trades improve.