Who Is Steve Nison? The Man Who Introduced Candlestick Charting to the West
•By Mahersaham Team
Artikel ini juga tersedia dalam Bahasa Melayu
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For investors who favour technical analysis, terms like "candlestick pattern" or "candle chart" are certainly no strangers. But did you know who was responsible for introducing the Japanese candlestick charting technique to the Western world? That person is Steve Nison.
The candlestick charting technique actually existed since the 18th century in Japan, used by a rice trader named Munehisa Homma. He used price patterns to predict rice market movements in Osaka — long before computers or the internet existed.
However, this remarkable technique was only popular in Japan — until Steve Nison came along.
Steve Nison is an American financial market analyst who worked on Wall Street. He was the first person to introduce Japanese candlestick techniques to the Western world, after studying them extensively in the late 1980s.
Through his research, writing and training, Steve Nison opened the eyes of many investors and analysts to the uniqueness of candlesticks in reading market sentiment.
In 1991, Nison published his renowned classic book titled Japanese Candlestick Charting Techniques. This book became the primary reference for anyone wanting to understand:
With a clear writing style and plenty of practical examples, this book opened a new chapter in the world of technical analysis.
Steve Nison did not just write books — he also established the learning platform Candlecharts.com, where he trained investors and traders from around the world to understand and effectively apply candlestick techniques in real markets, including stocks, forex, and futures.
Nison was also invited to give lectures to financial institutions such as Merrill Lynch, JP Morgan, and the World Bank — a significant recognition of his expertise.
If you are an investor who wants to sharpen your technical analysis skills, learning candlesticks is an essential skill. And for that, Steve Nison is a name you must know.
He is the bridge that connects classical Japanese techniques with the modern world. Without him, we might still not know today what a bullish engulfing is, or how candlesticks can ''speak'' about market psychology.
In the world of investing, knowledge is a guiding light, and figures like Steve Nison have lit the torch of knowledge that illuminates the path for investors worldwide. If you are serious about mastering technical analysis, start by understanding candlesticks — and appreciate the contributions of a remarkable individual named Steve Nison.
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Steve Nison is an American technical analyst renowned for introducing Japanese candlestick charting techniques to the Western world. He wrote the famous book "Japanese Candlestick Charting Techniques" which became the primary reference for traders worldwide.
Candlestick charts originated in Japan and have been used since the 18th century by a rice trader named Munehisa Homma. This technique was used to analyse rice price movements in the Japanese market before Steve Nison brought it to the Western world''s attention in 1991.
Candlestick techniques remain relevant because they provide a clear visual representation of market psychology, including buyer and seller sentiment. They are easily combined with modern technical indicators and widely used in the stock, forex, and crypto markets.
His main book is "Japanese Candlestick Charting Techniques" published in 1991, followed by "Beyond Candlesticks". Both books are essential references for anyone who wants to master candlestick analysis in stock trading.
Steve Nison''s contribution in introducing candlesticks to the Western world has transformed the landscape of technical analysis. By learning this technique, you too can elevate your stock trading skills to the next level.
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