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#1 The Japanese candlestick chart analysis, so called because the lines resemble candlesticks, has been refined by generations of use in the Far East. Until the publication of Japanese Candle Charting Techniques, the claws of Japanese charting analysis were a secret from the Western world.

#2 Candle charts are easy to understand and provide early indications of market turns. They also provide unique market insights that traditional bar and point and figure charts do not.

#3 Candle charts are a win-win situation. They require the same data as bar charts to be drawn, which means that any of the technical analyses used with bar charts can be applied with candle charts. However, candle charts send out insights into the health of the market that are unavailable anywhere else.

#4 I spent years researching and learning about Japanese candle charting methods. I was able to learn about the Japanese terminology and concepts, and became comfortable with them.

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