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0735201811
Japanese Candlestick Charting Techniques, Second Edition
Edition: 2
Author: Steve Nison
Publisher: Prentice Hall Press
Product Type: Book
Binding: Hardcover
Pages: 320
Number of Items: 1
Released: 2001-10-01
Sales Rank: 5592
List Price: $100.00
ISBN-13 / EAN: 9780735201811
ISBN-10: 0735201811
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2008-12-23 - Font and format, make it very difficult to follow

I have not even finished reading the book. I'm hoping that this review might help someone else avoid the issues I'm having with this rather expensive book.

To start, I'm not commenting on the actual information in the book. Most everyone says that Steve Nison knows his stuff. Rather I'm very disappointed in the layout of the book. This makes it very difficult to follow, and comprehend the information.

1. The font is VERY large, I can read it from 6 feet away.
2. While the book is large, text is only printed on 2 thirds of the page.
3. This means you are changing lines every 5 seconds.
4. Charts also take up 66% of the page width. Way too much vertical white space.
5. When he has you refer to a chart 2 pages back to follow an explanation,
6. The charts don't have every date listed at the bottom, but he often points out a day that doesn't have a number on it. Which makes you have to hunt (and guess) for what he's talking about.

Overall, I feel that if the font issue, and white space issues were resolved, this would be a much better book. But, I would suggest trying to find an old version of it. I have a PDF copy of the one from 1991, and while the white space isn't perfect, it's better, and the font size is much better.

The publisher certainly should have corrected it.

I did read an online version "Profitable Candlestick Trading: Pinpointing Market Opportunities to Maximize Profits" by Stephen W. Bigalow from my local library website, and found that to be very good. It is the next one I'll be getting in print.

I'd gladly sell it for $25, and probably will when I'm done. Like another reviewer stated, getting the good information is like pulling teeth, painful.


2008-12-03 - Thumbs Up and Down

Content is great with Japanese proverbs providing
mind pictures and detailed explanations for various
patterns. However the layout is terrible. You constantly
have to flip pages to see his reference exhibits. Also he does
little to show setups: entry and exit points in real trades. I
reccommend the book but be prepared to be frustrated!


2008-11-16 - Best candlestick book I've read

I've read Bigalow's "Profitable Candlestick Trading" and Bulkowski's "Encyclopedia of Candlesticks" so I am able to compare the books. Steve's book is much better that these two books. Actually, you only need one book to learn the candles.

It is hard to know how much knowledge an author really have when it comes to actual trading. The really successful traders tend not to write at all. This is an issue with all three books. In any case, I get the strong impression that Steve has deeper knowledge than Bigalow. So that should make the choice between the two easy. The book by Bulkowski is not an introduction so I won't comment further on that book. If you want to know more read my review.

(One thing I've always wondered is where the Japanese authors are. If this method is so established in Japan we should have seen several direct translations of Japanese books. This is something for all the American writers to really explain.)

I have written several short reviews on trading books. The best way is to compare the score on the books I've read. Many reviews on amazon.com are just glorious 5 star reviews. I use all five categories; sorry but everything isn't "great". Books rated 5 are very good. Books rated 4 are good solid books well worth reading. Books rated 3 can be bought by some people who read a lot or have very specific needs. Books rated 1 or 2 I would not recommend buying or reading. Naturally all in my humble opinion.


2008-09-17 - Quite nice

A very good book. Tells about all the different candle signals....i think all of them. I stopped using candlestick charts cuz i of how i am trading now and i dont see any advantage with the candles. THey trick me too much. But if you are interested in candles you need to buy this book. And really, you can see all the same signs using bars if you pay attention. Great book!!


2008-09-16 - Japanese Candlestick Charting Techniques

Japanese Candlestick Charting Techniques, Second EditionThis Second Edition is the basic "Bible" on candlesticks. Most traders will have/need this on their reference shelf.



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