The Candlestick Course by Steve Nison

Product Description

Expert instruction on the practical applications of candlestick charting

Candlestick charting is more popular than ever before, with a legion of new traders and investors being introduced to the concept by some of today’s hottest investment gurus. Having introduced the candlestick technique to the West through two of his bestselling books, Steve Nison is regarded as a luminary in the field of candlestick charting. In his new venture, The Candlestick Course, Nison explains patterns of varying complexity and tests the reader’s knowledge with quizzes, Q&As, and intensive examples. In accessible and easy-to-understand language, this book offers expert instruction on the practical applications of candlestick charting to give every level of investor a complete understanding of this proven, profitable, and time-tested investing technique. Straightforward answers quickly clarify this easy-to-use charting method. This guide will allow readers to recognize and implement various candlestick patterns and lines in today’s real-world trading environment–giving them a noticeable edge in their trading activities
Product Details
Amazon Sales Rank: #9986 in Books
Published on: 2003-05-23
Number of items: 1
Binding: Paperback
240 pages
Editorial Reviews

Download Description
Expert instruction on the practical applications of candlestick charting




Candlestick charting is more popular than ever before, with a legion of new traders and investors being introduced to the concept by some of today’s hottest investment gurus. Having introduced the candlestick technique to the West through two of his bestselling books, Steve Nison is regarded as a luminary in the field of candlestick charting. In his new venture, The Candlestick Course, Nison explains patterns of varying complexity and tests the reader’s knowledge with quizzes, Q&As, and intensive examples. In accessible and easy-to-understand language, this book offers expert instruction on the practical applications of candlestick charting to give every level of investor a complete understanding of this proven, profitable, and time-tested investing technique. Straightforward answers quickly clarify this easy-to-use charting method. This guide will allow readers to recognize and implement various candlestick patterns and lines in today’s real-world trading environment–giving them a noticeable edge in their trading activities


Book Info
Text introduces Japanese candlestick charting techniques. Shows how 'candles' can signal shifts in trends and price patterns with amazing accuracy; these charts also contain powerful applications for today's volatile short-term markets. For traders and investors. Softcover.

From the Back Cover
Steve Nison revolutionized the world of technical analysis when his two bestselling books introduced Japanese candlestick charting techniques to the western world. "Candles," he discovered, can signal shifts in trends and price patterns with amazing accuracy, and these "storyteller" charts also contain powerful applications for today's volatile short-term markets.

In The Candlestick Course, Nison breaks new ground once again. From the basics through the more complex stages of pattern recognition, each chapter includes specific learning objectives, key terms, clear-cut instruction, and practical applications. Plus, each end-of-chapter quiz allows readers to perfect their charting abilities before moving on. This book is the ideal training tool for newcomers, and perfect for veterans looking to refine and hone their skills.

Focused on the needs of today's active traders and investors, Nison:
Provides a solid foundation to candlestick charts-reinforcing key skills as you go
Reveals how to pinpoint critical market opportunities as they arise, by recognizing key candle signals
Tests your ability to accurately analyze and interpret candle charts
Demonstrates how candlestick concepts can trigger potent decision-support tools that can confirm-or enhance-buy/sell signals
Includes a valuable "progressive charting" case study
Ties all the aspects of candlesticks together through interactive examples and visual tests

Whether viewed as a supplement to Steve Nison's other books and courses, or as your introduction to candlestick charting, this course book will familiarize you with the intriguing world of The Morning Star, The Hammer, The Dark Cloud Cover-and the many other powerful and precise patterns Nison shares with fellow traders and investors.

Not just a one-time read, The Candlestick Course can be used as a valuable reference source, and quick refresher course, time and again.
Customer Reviews

Wonderful book, especially if new to Japanese Candlesticks
This is a wonderful book for people who are new to Japanese canadlesticks. Its written in an easy to read format and in layman language. On top of that, at the end of chapter, there is a set of questions that test your knowledge of the topics that was just covered. However, my only gripe would be it does not go in-depth enough, it only covers the basics. Some real life examples (i.e. Charts) on each topic covered would have been nice.

Great book for Japanese candlestick newbies but skip it if you are on an intermediate level or above.

A good starter to get the lingo.
Being a novice to candlesticks I was open to a new world of analysis this book ofered. Comming from a background of chart pattern plotting , I wanted to find another indicator that was a realible cross check for the signals.
I thought that the instruction and layout of each chapter was thoughtful and educational. I especially liked the little review section at the end of the chapters. However I found the true application of the principles to require a more intrinsic approach to the reader. It made for a great intoduction and general apprecitaion for the art of candlesticking, but a course it is not. For those NOT looking for a light snack move on to a real meal.

Well written, but not much to it...
I began reading this book with great enthusiasm. At the beginning of each chapter, Nison lays out the objectives and goals that you will learn, including key terms to watch for.

So as I was reading through the book, thinking "I really love the writing style of the author and am learning some valuable information," and before I knew it, the book was over. I was finished reading in 2 hours.

Nison only talks about the most popular candle lines/patterns, but he doesn't even go into great detail on the candles/patterns that are presented. The material only fills up about 100 pages, the other 100 pages show you a chart piece by piece and have you try to figure out what will happen next.

At $44, this book is a waste of money. After being disappointed, I bought Morris' Candlestick Charting Explained. The difference between these two books is night and day. Morris goes into significantly more detail about different candle lines/patterns, not to mention he talks about almost every candle stick you will ever see. So if you want a kiddy version of candlestick charting, go with Nison's, if you want a serious book, go with Morris'.