Birthday: February 6, 1957
Best Known For: Steve Nison is best known for his work on Japanese candlestick charting and for his books on the subject.
Steve Nison Biography
Steve Nison is an American trader and author who is considered the “father of modern candlestick charting.” Nison began his career in finance in the 1980s, and quickly became interested in Japanese candlestick patterns, a method of technical analysis that originated in Japan in the 18th century.
Over the course of his career, Nison has written several books on candlestick charting, including “Japanese Candlestick Charting Techniques” and “Beyond Candlesticks.” Nison’s work on candlestick charting has influenced many traders and investors around the world, and his techniques are widely used in technical analysis today.
Nison is also the founder of Candlecharts.com, a website that provides educational resources and training on candlestick charting.
Before becoming known for his work on candlestick charting, Steve Nison worked in finance in the 1980s.
Steve Nison Books
Japanese Candlestick Charting Techniques
“Japanese Candlestick Charting Techniques” is a classic book on candlestick charting by Steve Nison. First published in 1991, the book introduced Western traders to the Japanese technique of using candlestick charts to analyze financial markets. The book covers the basics of candlestick charting, including the different types of candlestick patterns, their formation, and interpretation. It also provides practical guidance on how to use candlestick charts to identify potential trend reversals and continuations, as well as how to use them in conjunction with other technical indicators. The book is widely considered a must-read for anyone interested in technical analysis and is still widely used by traders and investors around the world.
“Beyond Candlesticks” is another book on candlestick charting by Steve Nison. Published in 1994, the book builds on the concepts introduced in “Japanese Candlestick Charting Techniques” and delves deeper into the intricacies of candlestick charting. The book covers more advanced candlestick patterns, including those related to gaps, combinations, and clusters. It also introduces new techniques for analyzing candlestick charts, such as the use of renko charts and kagi charts. Additionally, the book covers the application of candlestick charting to different financial instruments, such as stocks, futures, and options. “Beyond Candlesticks” is a valuable resource for experienced traders and investors looking to take their candlestick charting skills to the next level.
Steve Nison Quotes
“The key to successful trading with candlestick charts is to learn to read the signals and to act on them with confidence.”
“Candlestick charting is not just about recognizing patterns, it’s about understanding market psychology and the forces that drive price movements.”
“The most successful traders are those who have a deep understanding of the markets, and who are able to anticipate potential trends and turning points.”
“The market is always changing, and traders and investors need to be flexible and adaptable to succeed.”
“Candlestick charts are the only true leading indicators in the stock market.”Steve Nison