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Books : Beyond Candlesticks: New Japanese Charting Techniques Revealed (Wiley Finance)

Books : Beyond Candlesticks: New Japanese Charting Techniques Revealed (Wiley Finance)

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Rating: 5 out of 5 stars - Beyond Candlesticks
Absolutely an excellent book. If you want to get a comprehensive knowledge of Candlesticks reading Beyond Candlesticks and Nison's first book about candlesticks, Japanese Candlestick Charting Techniques are a must. Nison is an excellent teacher.



Rating: 2 out of 5 stars - Poorly written and edited
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.



Rating: 4 out of 5 stars - Beyond Candlesticks
The book is written in a clear, easy to follow style. The concepts, although not complex, have their nuances and these are dealt with in a way that doesn't confuse or overwhelm the reader. The exercises provided help to consolidate the knowledge gained by the reader. All in all, a very good and useful book.



Rating: 4 out of 5 stars - Highly recommended!
The underlying principles on the formation of the patterns were well discussed. Simple to understand due to actual samples.



Rating: 5 out of 5 stars - How to get an edge!
Candlesticks are the strongest picture of the internal mass psychology driving the market. Once you have learned how to identify basic candlestick patterns from Steve Nison's first book(Japanese Candlestick Charting Techniques)you must learn how to place them in the context of everyday charts. "Beyond Candlesticks" teaches you how to identify the nuances that can make the difference between a profit and a loss. If you have wondered how to get an edge on the market, this is it. The information on how to combine candlesticks with traditional western technical anlayis, gives you the ability to create a complete trading system.


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