Facebook Twitter
Now With Over 23,000 Reviews!
Sign up now

Japanese Candlestick Charting Techniques, Second Edition

TOP 10
https://www.amazon.c..
Category: Books
Japanese Candlestick Charting Techniques, 2nd Edition, provides an in-depth explanation of candlestick plotting and analysis, conveying to the reader, in easy-to-understand language, the author’s years of practical experience in this increasingly...
Filter reviews by
Page:   1 ...
Displaying 1-10 of 55 Total Reviews
Basics of candlesticks
IMO, you need to read this if you are a serious technical trader. Steve Nisson did a great job in this book teaching me how to read a candlestick and the most important candlestick patterns that I needed to know.

The one thing I would suggest to a new trader is to learn a strategy that works first, before you try to just trade the candlestick patterns. at first glance it appears that candlestick patterns are the holy grail but they arent anymore in today's markets.

Overall, this book is a must-read, but dont spend too much time obsessing about the patterns in this book, take the basics about candlesticks and use that info in your trading strategy.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.
SemiTrader13 Mesa, AZ

User’s Review Ratings
Overall
Education
Entertainment
Value



Nison is King
Due to Candlestick charting and Nison I have basically thrown out all my other indicators. Of course this book is about 150 pages too long as some of the candlestick patterns are very rare and specific and therefore basically unusable. Great Read

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.
Petemoore321 Chicago, IL

User’s Review Ratings
Overall
Education
Entertainment
Value



Great Book on Concepts of Candlesticks
I've read a couple of these books but found this edition to be the most helpful. It's a little expensive, but learning how to read candlesticks has really helped improve my trading. I know focus on candlesticks as my primary trading strategy. I use daily and 60min charts for most of my trades. Great book, highly recommend!

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Education
Entertainment
Value



Great for beginners
YOu must get this if you are looking to learn how to trade stocks.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Education
Entertainment
Value



An absolute must for every trader
One of the more expensive trading books I've bought but it's a necessity. As a newbie this was one of my first reads and it really helped all that red and green make sense! The second half really helps to bring it all together, combining candles with other forms of technical analysis.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Education
Entertainment
Value



Great for enhancing your pace and analysis of candle charts
Every person's review is within their own context, and their context may not be aligned with yours, and so I think its important for me to lay out the context in which my review is laid upon.

Context:

1) I am a new trader. In fact at the time of this post I've yet to make a single trade, only paper trades.

2) I am enrolled in Timothy Sykes Trading Challenge Program. I had decided only to trade conditional to having a mentor as I believe trading through trial and error is a very expensive tuition. As such my review is based upon the extent of relativity the book is to Tim's strategy and rules.

3) This is the first book I've read related to Technical analysis.

4) The book was recommended to me through Tim's teachings, and to be honest much of the trading literature I read and will read will be of Tim's recommendation until a time later that I believe I can tweak my trading system better suited for me through books not recommended so.

Review:

Chapter 1 does entail much self-promotion so I'd recommend skipping and starting at sub-chapter 'What is in this book' unless your looking for other products/services he provides. He then leads into discussion on the historical background of Japanese candlesticks. I feel its necessary to read this prior to digging into the technicals in the remaining chapters. Why? Firstly you get a better understanding of why the indicators are called and conceptually so. Secondly the book can get a little boring at times so some imagination on how the historical context i.e. Japanese warfare is related to the candlestick indicators brings the reading to life.

Because I haven't read a trading book prior to this I find it important to read through the whole book, with the idea not to use it all but to be aware of the endless concepts and tools used in the trading industry, in fact one of Tim's instructors had mentioned to me that he hadn't gone past chapter 4 of the book, and yet his trading experience is rich alongside with his consistent net profits, but I strongly assume it is because prior to Steve's book he had already been aware of much of what had been said, or perhaps so it as no importance.

As such the strength of each chapter is high but their weighting 'importance' vary. I think Part 1: Basics is important as it discuss all the candlestick indicators. Leading up to part 2, this is where am selective as part 2 is a convergence of eastern and western technicals, again because am under a guru's rules I think Chapter 10, 11, 15 and 16 are important to use, the remainder chapters in Part 2 are just 'good-to-know'. But even though the other chapters discussing western technicals are good to know, I think the way he describes them are clear and understandable. I've moved onto reading another book on technical analysis with more of an emphasis on western technicals and I find Steve Nison's book has given me a good foundation, that a large minority of the text is repetitive of what Steve highlighted.

Conclusively after reading Steve's book I feel my analysis and pace thereof is quicker and more precise as to assessing charts, as such a must read.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Education
Entertainment
Value



Opens up the world of candlesticks
If you don't know anything about candlesticks, this book will certainly help. It offers a lot of information and can be overwhelming for a new trader, but once you understand what creates a candle and what all the different shapes of candles mean you can incorporate it into your trading. It is definitely a book that you need to read bit by bit as it can be a bit boring...I did fall asleep reading it, but granted I read it at night after a day's trading. Hehe.

Anyways, candlesticks are awesome and I can't imagine trading without it, each candle tells a story and once you understand the language of each candle you will become a better trader.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
2 of 2 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.
C_a_s_h_trader Johannesburg, Gauteng

User’s Review Ratings
Overall
Education
Entertainment
Value



Great Candlestick Info
I got a used version of this book on Amazon. I really like it and carry it with me in my bag to look through when I'm waiting places. I think pretty much everything in the book can be found online for free but it's nice to have a physical copy.

I also think the candle sticks are only one small part of trading. You need to know a lot about indicators and patterns also.

Overall, a good read, I'd recommend it.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.
Breaking_Stock Miami, FL

User’s Review Ratings
Overall
Education
Entertainment
Value



Great to see how much information a candlestick contains
Amazing book that goes over a lot of chart setups that you will encounter when trading.

Great to see how much information you can get from a candlestick alone.

It is a must to be able to recognize these patterns and know what to expect them to do. It is a must to understand how you can trade the different patterns.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.
Marcel Vught

User’s Review Ratings
Overall
Education
Entertainment
Value



Must read
This is one of my favorites, it teaches you everything you need to know about candle sticks as well as the history of them. If you use charts you must read this book no joke.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
2 of 2 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.
Invest123 racine, wisconsin

User’s Review Ratings
Overall
Education
Entertainment
Value



Page:   1 ...
Displaying 1-10 of 55 Total Reviews
 
Investimonials Sponsors
 
Similar Products to Review
 
Featured Investing Products
  
  
  
  
  
  
  
  
 
Users of Japanese Candlestick Charting Techniques, Second Edition