Japanese Candlestick Charting by Steve Nison (Paperback)

Japanese Candlestick Charting is a comprehensive guide to the use of Japanese candlestick charts for technical analysis of financial markets. The book covers the history of candlestick charts, their basic principles, and how to use them to identify trends, reversals, and other trading opportunities.

The book is divided into three parts:

• Part I: The History and Principles of Candlestick Charting
• Part II: Candlestick Patterns
• Part III: Using Candlestick Charts for Trading

Part I of the book provides an overview of the history of candlestick charts and their basic principles. It also discusses the different types of candlestick patterns and how to interpret them.

Part II of the book covers the most common candlestick patterns in detail. It also discusses how to use these patterns to identify trends, reversals, and other trading opportunities.

Part III of the book discusses how to use candlestick charts for trading. It covers topics such as risk management, position sizing, and trade execution.

Japanese Candlestick Charting is a valuable resource for anyone who wants to learn how to use candlestick charts for technical analysis. The book is well-written and easy to understand, and it provides a wealth of information on the subject.

Here are some of the key takeaways from Japanese Candlestick Charting:

• Candlestick charts are a powerful tool for technical analysis.
• They can be used to identify trends, reversals, and other trading opportunities.
• There are many different types of candlestick patterns, each with its own significance.
• Candlestick charts can be used to manage risk and size positions.
• They can also be used to execute trades effectively.

Japanese Candlestick Charting is a must-read for anyone who wants to learn how to use candlestick charts for technical analysis. The book is a valuable resource that will help you improve your trading skills.