Steve Nison is truely the father of Japanese Candlestick into the western. He explained why candles are made and how the candle can be a signal to get into a trade and when to get off. The convergence of East and West makes my trading more manageable and honestly, I have "profit"-ed after reading this book. Very highly recommended!

If you want to learn candlestick stock trading this is the only
book you will ever need. It's very good. It has lots of pictures.

I am a begginer in studying the financial markets and I found this book great because besides japanese candlesticks I learnt about western technicals too. The subjects are well explained and easy to understand.

I went to a Steve Nison seminar first. Once Home I bought his book to review. The book is very informative. Well worth a Few reads and study.

The book by Steve Nison is certainly an indispensable tool for anyone who wish to invest their hard-earned cash in the stock market. It prepares you before you decide either to purchase, or sell, to stay or leave.

A very good book covers lots of details of candlestick chart, I would say.
However, all this book full of Japanese sayings,Japanese proverbs like"one seeing is better than a hundred hearings","the journey of a thousand miles begins with the first step.",etc. As a Chinese,I have to say all of these sayings original came from China thousands of years ago. Japanese don't even have their language in written way, before Chinese Tang dynasty. Japan and Korea were adherent countries of China at Tang dynasty, thousands of years ago. They learned from China since that time, and they are still using Chinese characters in their written language somehow. All your showing-off of your Japanese idioms only show the author's ignorance of oritental culture, hey, Nison, don't even say you lived in Japan before any more.
Today, the whole oriental countries share China's history and culture, you may need to correct them as oriental people's proverbs rather than Japanese sayings, BECAUSE it's not true and it's showing the author's ignorance.

I have dozens of books on trading and several books on candlestick charting, but this is the candlestick book I return to over and over. However, the reason I like this book so much is not for the candlestick pattern explanations. Candlestick patterns are fairly simple and are explained very well in many books (including this one) as well as for free on the internet. This book excels because of the way candlestick patterns are integrated with technical analysis. The author combines candlestick patterns with trend lines, fibonacci retracement levels, moving averages, RSI, Stochastics, MACD, volume, chart patterns, etc. Everytime I pick up this book, I learn not just more about candlesticks, but about technical analysis as well. The author's explanations are written in an easy to read, conversational tone and are packed with pearls of trading wisdom. I do not know this author or have any affiliation with him. I simply love this book and believe that most traders will, too.

The book is worth having in your library. Mr. Nison explains everything in simplicity and suggest when to get in and when to lock in your profits.

This book has a good balance in tecnology and theory. Very goog for the financial people.

What makes this book better than the others is the detailed commentary on all the patterns and how and when they can behave differently depending on the preceded price action. All this is shown on wonderfully illustrated charts and plenty of them. Other books are pale when it comes to such detail. Also in the book are chapters on how the patterns react with various western indicators, best book of its kind for fully and properly learning candlesticks.

All technicians need this book.If you want to improve yourself on the candlesticks,there is no time to wait.Buy this book and see many details of the candlesticks as well as included many examples on it.

This book is filled with great information. It's a reference book you will want to keep handy. Some books you read and get rid of. This is a keeper.

Most of us who spends the extra time to read and continue to improve our knowledge on trading and investing, are likely to have adopted a trading system ( Be it through books, seminars, courses ). However, given the potential risks involved even with all the tools and knowledge we are armed with for our trading battles, we still have a high chance of making a loss in our trades. ( Human errors and mistakes / Human Emotions / Inexperience / Never do homework...etc all plays a part in the trade turning sour )

One of the missing puzzle that i have discovered myself is the interpretation of candlesticks that tells the story of the market sentiment for that particular stock at that particular time. Before learning the meaning of candlesticks and charting with them, i normally used what i have learned ( A trading system that i paid a hefty $5000 SGD for ) to decide whether i enter a trade or not. However, something is missing... That is gonna be major reversal patterns that occur at tops or bottoms. I have lost $$$ as a result for several trades that were supposed to yield excellent returns using the system i learnt all due to... YES CANDLESTICK REVERSAL PATTERNS. I still remember them to be Morning star, Shooting Star and Bullish Engulfing pattern. After learning these patterns, the results were shocking and marvellous. My losses are cut to a minimum, my self esteem and confidence to execute a trade has improved tremendoulsy.

I never leave home for my trading battle without it.

An interesting book on candlestick - the author has much knowledge of candle stick. It's entertaining. But apparently the auothr made terribly wrong on the formulars such as RSI and stochastic. I understand that reading candlestick does not need to know the formulars but they should be correct if they appear in the book. I guess the author expected reader only read the candlestick, instead of looking at the formulars. Anyway it's the best book on the subject.

This text is a great intro. to the basics of reading the Candlestick charts, and I found that the plurality of patterns analyzed in the text will be very helpful in future trading decisions and software development. The author has a good reputation and is quoted widely, so the quality of the text is not surprising...

This was an excellent book for learning candlestick charting and analysis. I recommend it highly to anyone wanting to learn equity charting... especially if you are doing options.

This was an excellent book for learning candlestick charting and analysis. I recommend it highly to anyone wanting to learn equity charting... especially if you are doing options.

One of the best books of TA that you should have on your bookshelf. I was a non believer of Candlestick few years ago, but after being recommended a few times by my friends, the impact on my trading was phenomenal. However you still have to combined western techniques to this highly profitable charting method. This book will not give you an entry and exit method but instead on how you should react when finding a reversal pattern.
It is nice to be able to visualize what the market participant would do to some certain stocks.

Investing world we heard Warren Buffett(57-69 Dow 152% Buffett Partnership 2794.9%), Charles Munger(62-75 Dow 96.8% C.M. Partnership 1156.7%), Bill Ruane (S&P 14yr 70-84Q1 270% Sequoia Fund 775%, Walter Schloss(S&P 28.5 yrs 887.2% WJS Ltd Patners 6,678.8%)
- The Superinvestors of Graham-and-Doddsvill - The Intelligent Investor Appendix D.

So far I didn't see steve nison, candle stick and all TA stuff is Reading tea leaves.

Investing is most intelligent when it is most business like
-- Benjamin Graham.

The Five Rules for Successful Stock Investing: Morningstar's Guide to Building Wealth and Winning in the Market - Pat Dorsey

The Intelligent Investor Revised Edition. - Benjamin Graham

The Essays of Warren Buffett : Lessons for Corporate America by Warren E. Buffett and Lawrence A. Cunningham

Investing world we heard Warren Buffett(57-69 Dow 152% Buffett Partnership 2794.9%), Charles Munger(62-75 Dow 96.8% C.M. Partnership 1156.7%), Bill Ruane (S&P 14yr 70-84Q1 270% Sequoia Fund 775%, Walter Schloss(S&P 28.5 yrs 887.2% WJS Ltd Patners 6,678.8%) - The Superinvestors of Graham-and-Doddsvill - The Intelligent Investor Appendix D. So far I didn't see steve nison, candle stick and all TA stuff is like Reading tea leaves. Investing should be Value Investing, fullstop. For beginner I'll suggest
The Five Rules for Successful Stock Investing: Morningstar's Guide to Building Wealth and Winning in the Market and then The Intelligent Investor Revised Edition.

It is exactly what it was advertised to be and has been very helpful

This is the book I was looking for.

There are a lot of books on this subject on the market,
but this one beats them all.
It is really worth the money.

regards
Walter Lussi, Switzerland

Among my many books on technical analysis of the financial markets I rate this book as excellent and highly recommended to more middle to experienced trades. Motivation for the latter statement is that in my opinion one needs some basic knowledge of technical analysis before delving into Japanese Candlestick Charting Techniques. The book is very comprehensive with many candlestick charts that are easy to understand with detailed, easy to follow explanations. It also compliments other books on technical analysis such as "Technical Analysis of the Financial Markets by John J. Murphy".

I think this book is really good and full of a lot of information. However, I had to take it down a notch and start with "candlestick course" by the same author. It gave a more simple explanation of what I was reading. Then once I understood the basics, I was able to apply "Japanese candlestick charting" a little easier.

the candles give very useful reversal signals when combined with traditional technical analysis indicators. A must read for everyone in the investing business.

Candlesticks are becoming more and more popular which is why I highly recommend this book. However candlestick charting is geared more towards day, swing and possibly entry and exit points for a position trader. This book is not designed to look at long term patterns.

As with most of my reviews, my intent is to tell you whether a book is worth the money or not. If you are a beginning trader/investor, spend your money elsewhere (see some of my other reviews on market books.) If you are interested in getting more into the details of charts and technical analysis, specifically 'candlestick charts', then this is the book to have.

Steve is considered the 'Father' of Candlestick charting in the US and probably the westerm hemisphere. He pretty much single-handedly brought the concept here from Japan. So,if you want to learn about something, might as well learn from the horse's mouth.

Do you need to understand how candlestick charts work and how to use them in order to be a successful trader? If you are only investing on a long-term basis, probably not. If you want to 'swing trade' over a few days or weeks, or day trade, it would probably be useful to have some understanding of the basics (and perhaps the advanced) concepts of candlestick charts.

As Steve himself says, don't use candlesticks as your primary decision factor for making trades. Used in conjunction with other technical indicators, it is useful to check the candlestick charts to make sure you aren't about to jump into a trade expecting 'sunny' going when the previous day's candlestick chart showed a "Dark-Cloud Cover". Yes, there are lots more interesting patterns and names (Hanging Man, Doji Star, Abandoned Baby) that are entertaining, and sometimes useful to know about and understand.

So, if you have $50 or so burning a hole in your pocket that you have no other good use for, having purchased and digested this book you will know all one needs to know about candlestick charts.

If you want to know about candlestick patterns and theory, this is an excellent book. It is expensive, but there's no comparable books of this quality that I know of. Very thorough but not over complicated. Great charts.

Will you make money using candlesticks? That's another issue :)

The book clearly explains the candlestick chart technique. I have learned a lots of canldstick technical analysis from Steve's book. I would recommend this book to everyone if he or she wants to learn more about candlestick chart

This book is informative but it gets caught up in subtle differences and every nuance about candle sticks. This is not bad from an academic stand point. As a trader, however, who cares what kind of reversal bar it is? There are several kinds and they all signal reversals, some have a slightly higher probability of success but not necessarily. Also, unless you're day trading and you have to spot changes right away on a 5 minute chart, you don't need candle sticks at all. It doesn't tell you anything extra; it's just easier to spot.

Nison's book showed me all the classic reversal patterns that a chart forms. This book doesn't make you an expert trader, it only introduces the patterns that indicate reversals. It doesn't cover all the indicators that are based on price and volume, like MACD, ADX, RSI Bollingers and all that, it looks only at the price patterns formed by the candles.

This book is well worth the price, but buy "Trading for a Living" and "Market Wizards" to pick up the "Why" behind price movement.

This book not only offers a down-to-earth, easy to follow approach to technical trading with candlesticks, it also offers an in-depth history of the practice in a nicely bound and easy-to-read package.

THe proof is in the puddding; this book has helped me to be a more disciplined and profitable trader in any market, from the NYSE to the FOREX.

Very good introduction to the candlestick charting technique commonly used in Asian. The concepts are digested information from the author allowing Western readers to be able to understand the basics in a Westerner point of view.
The book start with the difference between candlestick charting and the classic bar charting. Then proceed to explain various candlestick patterns in detail. One unique feature of this book comes in the second half of the book when technical indicators and other technical analysis techniques are blended together with candlestick analysis. That gives a framwork for beginners to understand the importance of multiple confirmation in technical signals.
The only drawback of this book is that the explanation of the candlesticks are really distilled information based on the author's personal usage experience. Thus if you find this book expanded your mind in technical analysis using candlesticks, then you should look for books written by various Japanese technical analyst on the subject as they can provide more insightful usage of candlesticks.
In short, this book is the only introductory text covering candlestick chart at the time it was written and it does a good job at guiding its readers to learn the basics of this charting style.

If you have this one, you won't need any others. The book is a veritable encyclopedia of candlesticks. Where a lot of these technical tomes are great cures for insomnia, Mr. Nison peppers the book with interesting antecdotes of where the formation names came from; lots of ancient stories from Old Japan. But the technical explanations are excellent. Additionally there is a glossary of all terms with corresponding chart patterns in the back of the book. Seriously, if you own this book, you probably won't need any others on candlesticks. Steve is truly the authority.

I've bought many books on investing and day trading, and this book are by far on top of the list.

Nison presents the key strategies to day trade, nothing fancy, just tried and true principles.

There are no wasted words.

I was already an experienced candlestick charter when I bought this book, the material included in it is an excellent resource for those who want to improve their price reading abilities.

I would imagine this would be heavy going for someone completely new to chart reading however.