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No. of Recommendations: 2

I have both Nison books, but I've only read the first one. My understanding is that these are the best Japanese Candlesticks books available.

However, I find Candlesticks are best used as confirmation of underlying price/volume analysis. Alone they tend to give off lots of false signals - I mean, how many times have we seen dojis and hammers suggestive of trend reversal in Nasdaq? They also tend to signal more short term moves. Still, I find them very useful.

I'm glad you are a believer in TA. Fundamentals are important, but it's just part of the picture. I think it's initially quite easy to get turned off by by charts and patterns, and if any of you were around a few years ago, I'm sure you'll find posts that I've written here about my skepticism in TA. But with experience, one learns to use many tools. I think Bruce Brown and many here are finally discovering the same.

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