Book Review on Beyond Candlesticks by Steve Nison
This is the 2nd book by Steve Nison on Japanese Candlestick Charting Techniques. This book reviews and re-introduce the basics of Japanese Candlestick Charting from his 1st book, Japanese Candlestick Charting Techniques. It certainly is a typical that deserves a identify in your book collection. However, adding this book can be rather pricey. Good news is, there are new juicy bits on “merging” candlesticks to form a new candlestick that discloses information on market sentiment during that period, the introduction of Japanese charts such as “3 Line Break”, “Renko” and “Kagi”, how Japanese candlestick are used in charting, an insight of how Japanese traders and investors use western indicators such as moving averages to assist them in making decisions during their trades.
This book can be a gem for new beginners who have little or no idea on how Japanese candlestick can be used to increase the winning probabilities of their trades, or it can also be an “add on” knowledge for those experienced traders or investors who already have been exposed to this ancient, over 400 years old leading indicator used by Japanese rice traders in the past. As perceptive traders or investors, learning continuously will help a lot in making more winning trades. Learn how to use this Japanese candlesticks, you will be amazed by how well it works to assist you in your trading or investing journey. I personally has learned the magic these candlesticks can do for your trading or investing, after reading Steve Nison’s Japanese Candlestick Charting Techniques.