Books : Beyond Candlesticks: New Japanese Charting Techniques Revealed (Wiley Finance)
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- One of my top 3 trading books - ever! Nison has a winnerNison's "Beyond Candlesticks" one of my top 3 favorite trading books and provides dozens of advanced, practical trading strategies as he reveals the strongest candle patterns.
Probably the most useful part of it, is understanding how much clearer trading signals become, once you see the reasons why specific patterns reveal long/short pressure on stocks as they're moving.
Highly recommend this along with his videos -- I've become a better trader due to learning from Nison's techniques and recommend this as a personal favorite book. I also refer my traders at Daytrading University to it, as a "must read" to help build trading skills.
Nison has been hired by top Wall Street institutions to train Their market makers and specialists, and getting this rare knowledge in his books and videos is priceless. Get this one.
Here's how much I like it: I recently moved out of state, and this is one of the few books that "made the cut", that I'll always be keeping with me. Superb precision trading skills revealed in this one. It's a keeper.
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- Really tells you how to use candlesticksSteve Nison goes through all of the major Candlestick patterns here. And, he shows you close calls as well. This is great, because the real world does not always have what is in the pretty picture in your book. Nison adds to the value by showing you how to use Candlesticks in conjunction with classic Western Technical analysis. If only he'd added a chapter on Elliott Wave Theory and Candlesticks (lots of reversal Candles at the end of waves). Buy this one instead of his first book if you are only buying one.
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- Excellent Candlestick Charting CoverageIf you are wanting to learn the art of candlestick charting, then this book is for you.
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- Review sessionIf you already own "Japanese Candlestick Charting Techniques" by the same author, then this is going to be alot of review for you. Most of the book is just much of the same information contained in aforementioned. Unless you are seeking a heavy dose of more of the same, no need to purchase this one, stick to the first book, which should serve you well as a reference.
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- A MUST have ! again...I read his 1st book and was impressed. Now after studying the 2nd book, I'm a real fan of candlestick techniques. I don't know, how online/day traders can live without knowing this fine technique
