Seiki Shimizu's " The Japanese Chart of Charts " (originally published in 1986) is the foundational text that first introduced Japanese candlestick charting to the English-speaking world. While Steve Nison later popularized these techniques, Shimizu’s work remains the "Bible" of the field, focusing on market psychology and long-term commodity analysis. Key Concepts from Shimizu’s Work
Understanding Candlesticks: The foundation of Japanese charting techniques. A candlestick represents the price action of a security over a specific period, offering a visual representation of the battle between bulls and bears. The Japanese Chart Of Charts By Seiki Shimizu Pdf
| If you see… | In trend… | Likely signal | |-------------|-----------|---------------| | Hammer | Downtrend | Bullish reversal | | Shooting Star | Uptrend | Bearish reversal | | Bullish Engulfing | Downtrend | Strong buy | | Bearish Engulfing | Uptrend | Strong sell | | Doji after long candle | Any | Pause / possible reversal | Seiki Shimizu's " The Japanese Chart of Charts
To help you apply these concepts to your current trading setup: Identify each chord’s quality (maj7, m7, 7b9, etc
The "Chart of Charts" is not just about one style of graphing; it is a comprehensive encyclopedia of Japanese price-reading techniques. 1. Candlestick Analysis (Kandle)
The book focuses on traditional Japanese methods refined over centuries, originally used in the 18th-century rice markets by legendary trader Munehisa Honma.