Product Review: Secrets To Becoming A Samurai Trader by David Penn
The overall technical picture is just as important as
a single candleline.” This statement may seem like common sense to traders who are not especially familiar with candlestick trading — or who view candlesticks as just another “thing” that some technical traders are “into,” like Andrews’ pitchforks or stochasticRSI. But at first it is a strange sentiment to hear from Steve Nison, author of the books Japanese Candlestick Charting Techniques and Beyond Candlesticks; president of Candlecharts.com (which provides custom seminars, educational products, and
advisory services to a retail- and institutional-level clientele), and the man who is widely regarded as having brought the practice of Japanese candlesticks to the chartbooks of Western technical analysts. While there are many others who have sought to make a name for themselves as experts on candlestick charting, a majority of technical traders consider Steve Nison and his work to be both “the alpha and the omega of Japanese candlestick charting.