The Candlestick Course

Master Candlestick Charting With the Pioneer Who Brought It to the West

The Candlestick Course by Steve Nison is an interactive, practical guide designed to teach you the essential candlestick techniques that have revolutionized modern technical analysis. As the first to introduce Japanese candlestick charting to Western traders, Nison offers not just theory but structured, hands-on exercises that solidify your learning at every step.

Unlike other technical analysis books, this course-based format is tailored to help traders at all levels grasp complex candlestick signals quickly—making it a perfect supplement to Nison’s earlier classics. The book delivers the tools you need to anticipate trend reversals, analyze market psychology, and make confident decisions across various timeframes.

Through a combination of real-world chart examples, multiple-choice quizzes, and concise explanations, you’ll learn how to interpret powerful patterns like hammers, shooting stars, engulfing patterns, harami crosses, and more. Each lesson is designed to build on the last—ensuring you develop not only recognition but also practical application of each candlestick strategy.

Whether you’re a novice trader or a seasoned investor looking to sharpen your edge, this workbook-format guide will elevate your charting skills and improve your trading outcomes.

What You’ll Learn

• The essentials of candlestick construction: real bodies, shadows, and market sentiment
• How to identify single-line patterns (doji, hammers, spinning tops) and multi-line reversals (engulfing, harami, morning/evening stars)
• When and how to confirm candlestick signals with Western indicators
• Risk/reward strategies using candle-based entries and exits
• How to apply candle signals across different timeframes (daily, weekly, intraday)

Key Benefits

• Actionable Exercises: Includes end-of-section quizzes and chart studies
• Practical Application: Built from Nison’s 20+ years of real-world experience
• Strategic Confidence: Recognize early reversal signals before other traders do
• Integrated Approach: Combines Eastern candlestick theory with Western tools
• Adaptable for All Markets: Applicable to stocks, futures, forex, and more

Who This Book Is For

• Beginner to intermediate traders who want a structured, proven method to learn candlesticks
• Technical analysts seeking practical tools beyond textbook theory
• Investors looking to fine-tune entry/exit timing with higher confidence
• Fans of Nison’s previous books who want hands-on reinforcement of core techniques

Table of Contents

1. The Essentials

   • Overview of Candlestick Analysis

   • Construction of Candle Lines

   • Basic Market Strategies

2. Single Candle Lines

   • Spinning Tops, High Waves, Doji, and Belt-Hold Lines

3. The Power of Candle Patterns

   • Engulfing Patterns, Stars, Harami, Tweezers, Windows

4. Taking Advantage of Market Opportunities

   • Applications & Guidelines

5. Progressive Charting

   • Real-Time Analysis Over a 5-Month Period

6. Bringing It All Together

   • Advanced Chart Exercises

7. Visual Glossary