Rating: 
- Useful and perhaps even necessary.
If you are trading commodities or indices, this book is well worth the read. Even if you don't believe it works, there are enough market professional who do and that fact alone will mean the ideas presented in this book will affect the may the markets move. I normally don't trade unless I have a LOT of factors going my way and a good candlestick chart is one of those factors. It isn't the be all end all of charting techniques by any means but you really can't afford not to know what this book has to say. If it takes 10 hours to read (and it shouldn't take that long) and it helps you get in and out of trades even one percent more efficiently, isn't it worth it?
Rating: - Rice and Trading...huh?
When I was researching my book ... I discovered the rice futures trading that occured in Japan during the 1800's. That was the beginning of my love affair with candlestick charting.
Mr. Nison's book is the most solide treatise on candlestick charting around. This book opens your eyes to what the little lines on the graphs truly mean. I forsee all trade reports eventually looking like Japanese candlesticks.
Mr. Nison's straightforward style is refreshing and any beginner or advanced trader will DEFINITELY walk away with some solid information.
Rating: - Simply wonderful
I am ashamed to admit that for not spending $.. for this book at a local bookstore, I lost $1,800 in option trading in 2001. After readinig this book (and "Beyond Candlesticks")I realized the resistance/support areas of the undelying stocks were not in my favor.
Mr. Nison is very down-to-earth in his approach and explanation of candlesticks, not promising out-of-the-earth results using them in isolation. The best message is to use candlesticks in addition to traditional Western tehnical analysis to obtain trades with the highest probability of profitability. That is as much as you can expect from any serious trading book.
I highly recommend it.
Rating: - This is an invaluable book, cannot be rated with stars
This is a marvelous piece of work by someone that can convey the message to his readers in a very clear way. The book is easy and fun to read. Before I met this book I was struggling to predict were will the market head from, now it has become less guess work for me. I no longer use bar charting after this reading but only candlestick charting on intra day and daily charts as well. This book was a turning point in my trading endeavor. The book describes different candle formation the can show a tiring up/down move and it's about to reverse, or continuation patterns. Those who like to short can benefit from this book greatly. You will need to have candlestick charting software that allows you to benefit from this reading. Online brokers don't provide this capability. Look at direct access trading brokers like www.mytrack.com or others. Another book that is indispensable is "Technical analysis of stock trends" by Edward & Magee, this the bible, however it uses bar charting.
Rating: - Daytraders Delight
This should be in every traders library, especially daytraders who want to make their analysis quick and easy. Candlesticks work great in the Real Tick environment.
- Useful and perhaps even necessary.If you are trading commodities or indices, this book is well worth the read. Even if you don't believe it works, there are enough market professional who do and that fact alone will mean the ideas presented in this book will affect the may the markets move. I normally don't trade unless I have a LOT of factors going my way and a good candlestick chart is one of those factors. It isn't the be all end all of charting techniques by any means but you really can't afford not to know what this book has to say. If it takes 10 hours to read (and it shouldn't take that long) and it helps you get in and out of trades even one percent more efficiently, isn't it worth it?
Rating:
- Rice and Trading...huh?When I was researching my book ... I discovered the rice futures trading that occured in Japan during the 1800's. That was the beginning of my love affair with candlestick charting.
Mr. Nison's book is the most solide treatise on candlestick charting around. This book opens your eyes to what the little lines on the graphs truly mean. I forsee all trade reports eventually looking like Japanese candlesticks.
Mr. Nison's straightforward style is refreshing and any beginner or advanced trader will DEFINITELY walk away with some solid information.
Rating:
- Simply wonderfulI am ashamed to admit that for not spending $.. for this book at a local bookstore, I lost $1,800 in option trading in 2001. After readinig this book (and "Beyond Candlesticks")I realized the resistance/support areas of the undelying stocks were not in my favor.
Mr. Nison is very down-to-earth in his approach and explanation of candlesticks, not promising out-of-the-earth results using them in isolation. The best message is to use candlesticks in addition to traditional Western tehnical analysis to obtain trades with the highest probability of profitability. That is as much as you can expect from any serious trading book.
I highly recommend it.
Rating:
- This is an invaluable book, cannot be rated with starsThis is a marvelous piece of work by someone that can convey the message to his readers in a very clear way. The book is easy and fun to read. Before I met this book I was struggling to predict were will the market head from, now it has become less guess work for me. I no longer use bar charting after this reading but only candlestick charting on intra day and daily charts as well. This book was a turning point in my trading endeavor. The book describes different candle formation the can show a tiring up/down move and it's about to reverse, or continuation patterns. Those who like to short can benefit from this book greatly. You will need to have candlestick charting software that allows you to benefit from this reading. Online brokers don't provide this capability. Look at direct access trading brokers like www.mytrack.com or others. Another book that is indispensable is "Technical analysis of stock trends" by Edward & Magee, this the bible, however it uses bar charting.
Rating:
- Daytraders DelightThis should be in every traders library, especially daytraders who want to make their analysis quick and easy. Candlesticks work great in the Real Tick environment.