{"product_id":"beyond-candlesticks-new-japanese-charting-techniques-revealed-wiley-finance-by-steve-nison","title":"Beyond Candlesticks: New Japanese Charting Techniques Revealed (Wiley Finance)  BY Steve Nison","description":"\u003cdiv id=\"bookDescriptionBox\" itemprop=\"reviewBody\"\u003eThis is a good addition to Nison's first book, and does contain some new candlestick information. There are a few new patterns Nison mentions which are variations of patterns in his first book. He discusses actual trading techniques, ie when to buy, sell, where to put stops, which I found lacking in the first book. I found this information to be worthwhile, which is contained in the first half of the book.\u003cbr\u003e\u003cbr\u003eThe second half of the book deals mostly in Kagi, Renko, and Three-Line Charts. I'm not sure what to think about these. I don't know if I'll ever use the information I learned to draw charts by hand, but it is definitely a new way to analyze and chart data. These charts essentially track solely the movement of stocks without regard to time. The 3 Line break chart requires a strong trend to be well reversed before a new line will show on the chart, hence a new low will have to break 3 new highs' beginning low in order to appear on the chart. The Renko chart is similar but a new line is drawn after a specified increase\/decrease in the price has been met (either nominal or percentage).\u003cbr\u003e\u003cbr\u003eThere is a section on moving averages that is relatively uninformative. Nison gives the Japanese terms for when a short MA crosses a longer-term MA. He notes the MAs that Japanese traders like to use: 3, 9, 13, 26.\u003cbr\u003e\u003cbr\u003eI consider the first half very valuable, and the second half worth the read, but I'm not sure how valuable the information will be to a personal investor like myself. All in all, a good book and good read. Nison delivers again.\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cdiv class=\"bookDetailsBox\"\u003e\n\u003cdiv class=\"bookProperty property_categories\"\u003e\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e","brand":"degital-book","offers":[{"title":"Default Title","offer_id":34191620964487,"sku":"","price":2.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0359\/9987\/5207\/products\/Screenshot_80.png?v=1589544875","url":"https:\/\/degital-book.myshopify.com\/products\/beyond-candlesticks-new-japanese-charting-techniques-revealed-wiley-finance-by-steve-nison","provider":"degital-book","version":"1.0","type":"link"}