Beyond Candlesticks: New Japanese Charting Techniques Revealed

by Steve Nison

From the "Father of Candlesticks"--penetrating new Japanese techniques for forecasting and tracking market prices and improving market timing Steve Nison has done it again. The man who revolutionized technical analysis by introducing Japanese candlestick charting techniques to Western traders is back--this time with a quartet of powerful Japanese techniques never before published or used in the West. Stunningly effective on their own, these new techniques pack an even greater wallop when teamed up with traditional trading, investing, or hedging strategies, and Steve Nison shows you how to do it. Beyond Candlesticks provides step-by-step instructions, detailed charts and graphs, and clear-cut guidance on tracking and analyzing results--everything you need to pick up these sharp new tools and take your place at the cutting edge of technical analysis. Critical praise for Steve Nison's first book . ". destined to become the classic reference on the subject." --Charles Lebeau and David Lucas Technical Trader's Bulletin "I believe Steve Nison's new candlestick book is destined to become one of the truly great books for this time period.. Whether you trade futures, commodities, or equities, day trade or hold positions overnight, this book is a must." --Lee Siegfried Investor's Library, Data Broadcasting Corp. "It is hard to be too effusive about the quality of NiSon's work . this is clearly one of the best investment books ever written in terms of covering a subject with pedagogical ability and writing skill. The organization is impeccable . reading it was a pleasure." --Commodity Traders Consumer Report

Genres: Finance, Business, Nonfiction, Economics

304 pages, Hardcover

First published October 1, 1994

Reviews

[Dee Renee Chesnut · Rating 4 out of 5]

I needed several months to finish reading and studying this book. I spent lots of time trying to find the patterns on current charts to learn identification on my own. This book also covers three-line break charts, renko charts and kagi charts. You have to really be interested in this stuff to want to read this much about the topic of Japanese candlestick charting techniques.

[Larry Fisherman · Rating 2 out of 5]

I bought this book because candlesticks are my favorite bars and reviews here and elsewhere suggested 'Beyond Candlesticks' was better than Nison's first book. Since Nison is supposedly the "father of candlesticks", I assumed he would be the best source of information. However that is not the case. I just purchased Stephen Bigalow's candlestick book and find it a whole lot better and easier to read. Nison mentions his young children in Acknowledgements. I think they must have written and edited the book because it is so elememtary and repetitive. The spelling is terrible (Example: within a few pages we have Eastern Kodak showing an uptread on the dailey charts). Also the grammar is bad at times. It's obvious the author jotted notes in his word processor then flushed them out for all he was worth because there is little info here. There is a lot of musing and a good bit of Nison-hype. It is hard to pay attention to. Further, today's publishers don't care enough to put charts on the same page as the text and truly edit these financial books, so it's even harder to follow. Wiley Publishing is the worst. They likely did this one.

[Liz Dean · Rating 5 out of 5]

The value of this book is the information about Renko, which works very well in currencies, since they trend more often than other markets.

Renko and Point and Figure are very nice charting styles and I have enjoyed using them in my trading.

[Original Greatness · Rating 5 out of 5]

This is the second book I have read by this author (Steve Nison) and they just keep on getting better. If you have "Japanese Candlestick Charting Techniques" by Steve Nison the first or second edition in your library this is a must to add to your collection. The book is appropriately titled because that's exactly what he does, go beyond. I have been struggling to understand the psychology of myself and of others in the stock market and Steve work has lit the path for me. If this is something you are struggling with, I highly recommend this book. If you want an edge in the markets adding more tools and deepening your understanding of candlesticks read this book!!!

[Piotr Karaś · Rating 3 out of 5]

The book contains a great deal of information on how to read candlesticks and candlestick patterns. Most of this information seemed to be obvious to me now, after 18 years of trading, but I enjoyed reading it anyway, because it was written with passion and attention to detail. I also liked the last chapter about the kagi charts (that by the way are available on Tradingview) because my strategy has a lot in common with this charting method.
I've also got personal memories attached to this book, as I was reading it on the beach in Piraeus and in the metro of Athens.

[Jash Shah · Rating 5 out of 5]

Great follow up to a ant on the beginning candlestick books written by Nison. Expands on these very well, especially with the sections towards the end. This book can be read as a standalone book but I believe that it would be more effective if you read either of the two introductory candlestick book before this one.

[Jerry Campbell · Rating 5 out of 5]

Candlestick charts changed the game and this author helped teach the basics. Growth strategies with this charting method is essential to discretionary trading.

[Dreamaker · Rating 4 out of 5]

A very detailed book with many examples.

[Sangam Agarwal · Rating 4 out of 5]

if you are having problems with support and resistance than this book is perfect for you. after reading it your support and resistance would be same as professional traders

[Amjad Ali · Rating 4 out of 5]

Comprehensive read for better understanding of the candlesticks.

[Wiseking · Rating 5 out of 5]

This is great and highly useful book.

[Md Tahseen · Rating 5 out of 5]

How can read this bool

[Jordan Mcculloch · Rating 5 out of 5]

Chatting bible. Combined with his first book, these ideas about candlesticks will change the way you trade forever. Whatever your investment strategy, having knowledge of charting will not hurt you.

[Haseeb Hanjra · Rating 5 out of 5]

thanks 🙏🏻

[Maurice Hons · Rating 5 out of 5]

Great book for beginner and advance. Covering basic and fundamental or candlestick...

[Maciej Bak · Rating 4 out of 5]

Good described but well it can be easier achieved by just reading websites.

[Justin Ho · Rating 5 out of 5]

Good starter for those who are interested in the psychology that drives prices. When Buffett talks about how the stock market is a voting machine in the short term and weighing machine in the long term, this is definitely focusing on the voting machine aspect of markets.

[David Robins · Rating 3 out of 5]

Not much useful new material.