As far as I know, this is Steve Nison's latest book on candlestick charting. What it does, it does very well indeed. It's the best book for newcomers (especially self-study types) to the subject that I've ever found, and I've checked most of them. In fact, if you're new to technical analysis, you can start here as well. Although there's more to technical analysis than candlestick charting, one has to start somewhere, and once you've mastered the concepts introduced here, the rest will make a lot more sense to you. The problem with most books that claim to be introductory works is that they're really not. You read a few pages, and then all of a sudden the author starts introducing words he or she hasn't defined, or starts talking about subjects that he or she just assumes you know about. Steve Nison doesn't do this. He takes you step by step, and each chapter concludes with review questions and answers, so that you'll be able to move to the next chapter. And you don't have to worry that the author knows what he's talking about. He's the one who introduced the subject of candlestick charting to the Western world.
After you've gone through this book, I would most highly recommend that you follow it up with Tina Logan's "Getting Started in Candlestick Charting." It will reinforce what you learned from Nison's book, and then seamlessly blend in other aspects of technical analysis as the discussion moves forward. When you've finished with both books, you should know as much about the subject as most of the experts. And you'll have a powerful tool to use in your trading. The great thing about the candlestick method is that while it presents the same "raw data" as the conventional bar graph, it also gives you so much more real information about what's going on in the market. It's almost like being able to read the minds of the market participants. Simply stated, it's as far superior to the conventional bar graph as Arabic numerals are to Roman numerals. It's the unity of form and content.