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I don’t know how good this book will do for me as a personal investor, but to be honest, it is a great piece to read – Nison delivers the goods, and the knowledge he imparts is precious. When a specific rise or fall in the value of the stock has been met (of either a certain percent, or nominal), under the Renko chart, a fresh line is marked.Īlthough there is a bit of uninformative knowledge presented within his book, Japanese expressions for merges between long and short MA’s – also presenting the preferred numbers Japanese business people like to use for their MA’s. Without regarding any time limit, these three charts track the flow of the options – needing a powerful trend to suddenly drop before a different line will appear, thus the now low stock needs to split a trio of fresh highs starting low in array to ever show up on the chart. I agree that I may not ever sketch any diagrams out with pen and paper, but it was interesting and innovative to learn.
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I don’t think some of the information provided in the second portion of the book will prove useful to me: such as Three Line, Renko, and Kagi charts. Nison also describes varying new viable trading patterns in this second manuscript that are based off ones in the first. Nison describes various real trading strategies in his new work (this useful knowledge is found in the foremost portion of the volume), which his first book was indeed lacking, though this second text is a great follow up to his prior one.
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(As an Amazon Associate I earn from qualifying purchases.)īelow you can read the reviews of the book and also submit your own review about Beyond Candlesticks by Steve Nison. Trading via an honest broker will save you time and money. Forex broker is the important part of the trader’s inventory. To be a successful Forex trader, knowledge alone is not enough. Order Beyond Candlesticks by Steve Nison from Buy.com. Get Beyond Candlesticks by Steve Nison from Amazon.īuy Beyond Candlesticks by Steve Nison from Better World Books. Recommended if you are fan of the Japanese candlestick charts and want to learn new ways of interpreting. The book features the basics on candlesticks, the patterns, the summarization of the candlestick patterns and charts, moving averages and the candlesticks, three-line break charts, Renko charts and Kagi charts. In this book author continues to view the Japanese candlestick charts as the best map of the market situation a trader can use, but it proposes not to limit oneself with the basic patterns and move on to applying other price charts techniques to the usual trading. Beyond Candlesticks - New Japanese Charting Techniques Revealed is trading book by Steve Nison that follows his previous works Japanese Candlestick Charting Techniques and The Candlestick Course and goes deeply into the candlestick patterns and supporting methods and techniques.