Japanese Candlestick Charting Techniques, Second Edition

Product Description The ultimate guide to a critical tool for mastering the financial markets A longstanding form of technical analysis, Japanese candlestick charts are a dynamic and increasingly popular technical tool for traders of all skill levels. Known for its versatility, this ancient charting can be fused with every other technical tool available, including traditional Western technical analysis. Japanese Candlestick Charting Techniques is the most comprehensive and trusted guide to this essential technique. Informed by years of research from a pioneer trader, this book covers everything you need to know, including hundreds of examples that show how candlestick techniques can be used in all of today’s markets. This totally updated revision focuses on the needs of today’s traders and investors with: * All new charts including more intra-day markets * New candlestick charting techniques * More focus on active trading for swing, online and day traders * New Western techniques in combination with candles * A greater spotlight on capital preservation. From speculation and hedging to futures and equities, candlestick charting is the next level up for both amateur day traders and seasoned technicians, and this book provides expert guidance for putting it into action From the Publisher “An exciting and valuable addition to the literature of technical analysis… this ancient Japanese technique is available to American traders in a comprehensive, well-written, and understandable format.” John Murphy, President JJM Technical Advisors, Inc. and Author of Technical Analysis of the Financial Markets It’s hard not to be too effusive about the quality of Nison’s work… reading [his book] was a pleasure. This is clearly one of the best investment books ever written…. We strongly recommend this book, which has already become an investment classic. Bruce Babcock, Jr. Editor-in-Chief, Commodity Trades Consumer Report From the Inside Flap Charting techniques used by the Japanese for over 100 years are explained for today’s traders and investors in: JAPANESE CANDLESTICK CHARTING TECHNIQUES, SECOND EDITION: A Contemporary Guide to the Ancient Investment Techniques of the Far East Steve Nison Completely informative and global in its outlook, Japanese Candlestick Charting Techniques, Second Edition provides an in-depth explanation of candlestick plotting and analysis. This exciting book exposes the reader to the practical applications Steve Nison gained from years of study and research in this now popular and dynamic area. Today, almost all charting packages include candle charts. This book contains hundreds of examples that show how candlestick techniques can be used in all of today’s markets. Through such patterns as the “dark-cloud cover” and “hanging-man lines,” traders will discover how candlestick techniques provide unique market insights. They will discover see how candles will provide early reversal signals, improve timing entering and exiting markets and can be merged with classic Western charting techniques. This totally updated revision focuses on the needs of today’s traders and investors with: * All new charts including more intra-day markets * New candlestick charting techniques * More focus on active trading for swing, on-line and day traders * New Western techniques in combination with candles * A greater spotlight on capital preservation. Candle charts are older than bar charts, older than point-and-figure charts, but were completely unknown in the West – until Steve Nison introduced them through his articles, seminars, and his books. From the Back Cover High Praise for Japanese Candlestick Charting Techniques from leading financial experts The candlestick charts and charting techniques provided by Nison have become an important tool for our international securities market making. They provide a wealth of information and are instrumental for our daily operations. The charting technique is valuable for the individual