Steve Nison Popular Books

Steve Nison Biography & Facts

A candlestick chart (also called Japanese candlestick chart or K-line) is a style of financial chart used to describe price movements of a security, derivative, or currency. While similar in appearance to a bar chart, each candlestick represents four important pieces of information for that day: open and close in the thick body, and high and low in the "candle wick". Being densely packed with information, it tends to represent trading patterns over short periods of time, often a few days or a few trading sessions. Candlestick charts are most often used in technical analysis of equity and currency price patterns. They are used by traders to determine possible price movement based on past patterns, and who use the opening price, closing price, high and low of that time period. They are visually similar to box plots, though box plots show different information. History Candlestick charts are thought to have been developed in the 18th century by Munehisa Homma, a Japanese rice trader. They were introduced to the Western world by Steve Nison in his book Japanese Candlestick Charting Techniques, first published in 1991. They are often used today in stock analysis along with other analytical tools such as Fibonacci analysis.In Beyond Candlesticks, Nison says: However, based on my research, it is unlikely that Homma used candle charts. As will be seen later, when I discuss the evolution of the candle charts, it was more likely that candle charts were developed in the early part of the Meiji period in Japan (in the late 1800s). Description The area between the open and the close is called the real body, price excursions above and below the real body are shadows (also called wicks). Wicks illustrate the highest and lowest traded prices of an asset during the time interval represented. The body illustrates the opening and closing trades. The price range is the distance between the top of the upper shadow and the bottom of the lower shadow moved through during the time frame of the candlestick. The range is calculated by subtracting the low price from the high price. The fill or the color of the candle's body represent the price change during the period. Normally, if the asset closed higher than it opened, the body is displayed as hollow (or the green color is used), with the opening price at the bottom of the body and the closing price at the top. Conversely, if the asset closed lower than it opened, the body is displayed as filled (or the red color is used), with the opening price at the top and the closing price at the bottom. Modern charting software permits unrestricted customization of candle looks and colors, so the actual look of rising or falling price candles may vary. A version of a candlestick chart is a hollow candlestick chart, where both fill and color are used to represent different price relationships: Solid candles show that the current close price is less than the current open price. Hollow candles show that the current close price is greater than the current open price. Red candles show that the current close price is less than the previous close price. Green candles show that the current close price is greater than the previous close price.A candlestick need not have either a body or a wick. Generally, the longer the body of the candle, the more intense the trading. Candlesticks can also show the current price as they're forming, whether the price moved up or down over the time phrase and the price range of the asset covered in that time. Rather than using the open, high, low, and close values for a given time interval, candlesticks can also be constructed using the open, high, low, and close of a specified volume range (for example, 1,000; 100,000; 1 million shares per candlestick). In modern charting software, volume can be incorporated into candlestick charts by increasing or decreasing candlesticks width according to the relative volume for a given time period. Usage Candlestick charts are a visual aid for decision making in stock, foreign exchange, commodity, and option trading. By looking at a candlestick, one can identify an asset's opening and closing prices, highs and lows, and overall range for a specific time frame. Candlestick charts serve as a cornerstone of technical analysis. For example, when the bar is white and high relative to other time periods, it means buyers are very bullish. The opposite is true when there is a black bar. A candlestick pattern is a particular sequence of candlesticks on a candlestick chart, which is mainly used to identify trends. Heikin-Ashi candlesticks Heikin-Ashi (平均足, Japanese for 'average bar') candlesticks are a weighted version of candlesticks calculated in the following way: Close = (real open + real high + real low + real close) / 4 Open = (previous Heikin-Ashi open + previous Heikin-Ashi close) / 2 High = max(real high, Heikin-Ashi open, Heikin-Ashi close) Low = min(real low, Heikin-Ashi open, Heikin-Ashi close)The body of a Heikin-Ashi candle does not always represent the actual open/close. Unlike with regular candlesticks, a long wick shows more strength, whereas the same period on a standard chart might show a long body with little or no wick. Relationship to box plots Candlestick chart are similar to box plots. Both show maximum and minimum values. The difference between them is in the information conveyed by the box in between the max and min values. References. Discover the Steve Nison popular books. Find the top 100 most popular Steve Nison books.

Best Seller Steve Nison Books of 2024

  • School of Potential synopsis, comments

    School of Potential

    W.J. May

    USA Today Bestselling author, W.J. May brings you a continuation of the international bestselling series, The Chronicles of Kerrigan! Come back and enjoy the famous characters, or ...

  • The Wonderful Wizard of Oz synopsis, comments

    The Wonderful Wizard of Oz

    L. Frank Baum

    An Apple Books Classic edition. You’ve seen the iconic 1939 movie, but do you know about the talking field mice, the Winkies, and the Witch of the North that appear in the original...

  • Coffee Girl synopsis, comments

    Coffee Girl

    Sophie Sinclair

    Mackenzie "Kiki" Forbes finds herself in a pickle. Either become her snarky sister's nanny, or move halfway across the country to work as assistanttothestylist of a ...

  • The Great Gatsby synopsis, comments

    The Great Gatsby

    F. Scott Fitzgerald

    An Apple Books Classics edition. The Roaring Twenties are in full effect in F. Scott Fitzgerald’s riveting classic. Manabouttown Jay Gatsby seems to have it all, including loads of...

  • The Icing on the Cake synopsis, comments

    The Icing on the Cake

    Linda Seed

    She’s a baker without a kitchen. He’s got a double oven to spare. It’s a recipe for success, until his mother starts stirring up trouble … Cassie Jordan has a sweet dream to open a...

  • The Target synopsis, comments

    The Target

    Lexy Timms

    When you seek revenge be sure to dig two graves… Revenge was the only thing I had going for me. It kept me awake at night and drove me into desperate situations in dive bars across...

  • Enemies With Benefits synopsis, comments

    Enemies With Benefits

    Roxie Noir

    I don’t love him. I don’t even like him. I just want him. Eli Loveless was my nemesis from the first day of kindergarten until we graduated high school. Everything I did, he had to...

  • Eternal synopsis, comments

    Eternal

    W.J. May

    She will fight for what is hers. When the king is murdered, Katerina, his only daughter, must flee for her life. She finds herself on a strange and dangerous path. Alone for the fi...

  • Good Guy synopsis, comments

    Good Guy

    Kate Meader

    He's a Special Forces veteran making his pro hockey debut. She's a dogged sports reporter determined to get a scoop. She's also his best friend's widow . . . Fa...

  • Pride and Prejudice synopsis, comments

    Pride and Prejudice

    Jane Austen

    An Apple Books Classic edition. Jane Austen’s beloved classic opens with this witty and very memorable line: “It is a truth universally acknowledged, that a single man in possessio...

  • Hot Off the Press synopsis, comments

    Hot Off the Press

    Lexy Timms

    "This is what really happened… reported by a free press, for a free people…" Wes Shaw leads a secret double life. As the secret owner of a billion dollar newspap...

  • Little Women synopsis, comments

    Little Women

    Louisa May Alcott

    An Apple Books Classic edition. Meet the Marches! Louisa May Alcott’s classic introduces us to four unforgettable sisters: beautiful Meg, tomboyish Jo, delicate Beth, and Amy, the ...

  • Once Upon A One-Night Stand synopsis, comments

    Once Upon A One-Night Stand

    Zoey Locke

    At first sight, there was electrifying chemistry.  So why not go for it? After all, Lynx Grove, the city's most eligible bachelor, wants to claim her, at least for th...

  • Noxious synopsis, comments

    Noxious

    Lexy Timms

    Stop setting yourself on fire to keep someone else warm. Brady and Levi have been together since high school, since before he became famous and started thinking only about himself....

  • The Three Little Pigs synopsis, comments

    The Three Little Pigs

    Mark Lesky

    Classic fairy tales, legends and folk stories in short version without violence retold with lovely illustrations in simple language. Perfect for reading aloud to small chi...

  • The Four Loves synopsis, comments

    The Four Loves

    C. S. Lewis

    The Four Loves summarizes four kinds of human loveaffection, friendship, erotic love, and the love of God. Masterful without being magisterial, this book's wise, gentle, candi...

  • How to Choose a Guy in 10 Days synopsis, comments

    How to Choose a Guy in 10 Days

    Lila Monroe

    The only thing more hilarious than the movies is… real life?! Fall in love with the sizzling grumpysunshine romantic comedy perfect for fans of Sophie Kinsella and Ali Hazlewood! ...

  • Saltwater Cove synopsis, comments

    Saltwater Cove

    Amelia Addler

    Second chances...and the secrets that sabotage them. At 48 years old, Margie Clifton never expected to be starting her life all over again. But when her brother gifts her a propert...

  • A Christmas Carol synopsis, comments

    A Christmas Carol

    Charles Dickens

    An Apple Books Classic edition. It’s Christmas Eve in Victorian England. While some families don’t know where their next meal will come from, Ebenezer Scrooge sits in his large hom...

  • The Scarlet Letter synopsis, comments

    The Scarlet Letter

    Nathaniel Hawthorne

    An Apple Books Classic edition. Hester Prynne lives in infamy. After committing adultery and bearing a child with a man whose name she refuses to divulge, the heroine of Nathaniel ...

  • Inception of Gold synopsis, comments

    Inception of Gold

    Lexy Timms

    Things are not as bad as they seem. They are worse. Being the personal assistant to a narcissistic actress who just happens to own the key to my family's undoing isn't ex...

  • All Fired Up synopsis, comments

    All Fired Up

    Kathryn Shay

    Captain Jarek Zenko, a war veteran and firefighter, meets Lacey Roth at a bar one night. They don’t share their real identities, even when they retreat to a hotel. When they meet t...

  • Just Me synopsis, comments

    Just Me

    Lexy Timms

    We all need somewhere where we feel safe… After leaving her abusive husband, Katherine Marshall is out on her own for the first time. She's hopped from city to city to avoid t...

  • Become A Better Version of Yourself synopsis, comments

    Become A Better Version of Yourself

    Ben Leighton

    This ebook contains golden nuggets on how to motivate, inspire and improve your current situation. It encompasses the holistic view of self improvement from mental& emotion...

  • You Are Kind synopsis, comments

    You Are Kind

    Michael Gordon

    A little kindness goes a long way. How can you help encourage your kids to be kind from a young age? Teach kindness to preschoolers Acts of kindness can be fun, easy, and make a ...

  • Masters of Restraint synopsis, comments

    Masters of Restraint

    Ines Johnson

    My new boss is good at giving orders. But his latest demand is NSFW. Especially when his two business partners want in on our deal. My new boss My boss’s boss Their investor &#...

  • Silenced Girls synopsis, comments

    Silenced Girls

    Roger Stelljes

    “ Wow wow wow!  Grips you in a choke hold and  does not let go … Oozes suspense and  bonechilling twists and turns .  Astonishing … One of those...

  • Becoming Lady Dalton synopsis, comments

    Becoming Lady Dalton

    Carrie Lomax

    A dance of desire and deceit... In the glittering world of London's ton, Mrs. Viola Cartwright revels in her newfound freedom as a lady of leisureuntil a series of jewel theft...

  • Man In The Water synopsis, comments

    Man In The Water

    Jon Hill

    An attempted murder. A missing spouse. And an international conspiracy that could change the world. Jack Green has always been skeptical of socalled facts. Though he's forced ...

  • Finding Cinderella synopsis, comments

    Finding Cinderella

    Colleen Hoover

    #1 New York Times bestselling author of It Starts with Us and It Ends With Us writes a free novella about the search for happily ever after. A chance encounter in the dark leads ei...

  • Dream Psychology synopsis, comments

    Dream Psychology

    Sigmund Freud

    An Apple Books Classic edition. Written by the founding father of psychoanalysis, Sigmund Freud’s 1899 book is the definitive text on learning to interpret dreams. Freud’s groundbr...

  • A Bookshop to Die For synopsis, comments

    A Bookshop to Die For

    M.P. Black

    Ditching her fiancé at the altar, Alice Hartford bolts to her childhood hometown to reconnect with the last, happy remnant of her past: her mom's old bookstore. But the bookst...

  • Assisting the Bosshole synopsis, comments

    Assisting the Bosshole

    Kristin MacQueen

    No hot water? Check Missed the train? Check Broke my heel? Check Dropped my coffee? Check My first day of my new job can’t possibly go worse, right? Wrong. When I meet Parker Scott...

  • Death at Hazel House synopsis, comments

    Death at Hazel House

    Betty Rowlands

    ‘Riveting, can't put it down! I love this story… a wonderfully twisted tale of a crime that has more twists than I thought possible... fantastic.’ Goodreads Reviewer, 5 stars ...

  • Nothing to Hide synopsis, comments

    Nothing to Hide

    Scarlett Finn

    Prize of a lifetime: travel the world with a celebrity billionaire. Come to LA with us, Roxie… It will be so much fun! We have tickets for a latenight talk show! What could possibl...

  • The Honeymoon Homicide synopsis, comments

    The Honeymoon Homicide

    J. R. Mathis & Susan Mathis

    Enjoy this SmallTown Murder Mystery Featuring A Unique Sleuthing Couple I'm Father Tom Greer, a Catholic Priest in a smalltown parish who never expected this . . . When I came...

  • The Count of Monte Cristo synopsis, comments

    The Count of Monte Cristo

    Alexandre Dumas

    An Apple Books Classic edition. Alexandre Dumas’ classic paints a portrait of Edmond Dantès, a dark and calculating man who is willing to wait years to exact his perfect plan for r...

  • Christmas in Sweetbriar Cove synopsis, comments

    Christmas in Sweetbriar Cove

    Melody Grace

    Celebrate the holidays in Sweetbriar Cove with this festive romance collection, containing two sizzling smalltown holiday stories perfect for fans of Tessa Bailey, Sophie Kinsella...

  • Holy Bible synopsis, comments

    Holy Bible

    The Church of Jesus Christ of Latter-day Saints

    The 2013 edition of the Holy Bible contains all of the study aids contained in the 1979 edition and includes revisions to the study aids, several new photos, updated maps, and adju...

  • The Adventures of Sherlock Holmes synopsis, comments

    The Adventures of Sherlock Holmes

    Arthur Conan Doyle

    An Apple Books Classic You get not one, not two, but 25 gripping mysteries in Arthur Conan Doyle’s first of five collections of Sherlock Holmes short stories. Follow the brilliant ...

  • Teased by Fire synopsis, comments

    Teased by Fire

    Molly O'Hare

    From USA Today bestselling author Molly O’Hare comes an enemiestolovers, older brother’s best friend, romantic comedy with a curvy, antisocial, supernaturalobsessed, allyearround h...

  • Salvation synopsis, comments

    Salvation

    Meghan O'Flynn

    If you like mouthy detectives, serial killers, and suspenseful mysteries that don't quit, this chilling and actionpacked hardboiled detective series has you covered! Try this ...

  • Whiskey Girl synopsis, comments

    Whiskey Girl

    Melissa Belle

    They'll do anything for each other…except commit. Logan Wild isn’t just the hottest broncriding cowboy in Texas. He’s also my best friendwith benefits. And that’s all we’ll ev...

  • Escape, A New Life synopsis, comments

    Escape, A New Life

    David J Antocci

    To save herself, she had to lose everything. Trapped in a tropical paradise with no memory of how she got there, Abby is thrust into a fight for her life. Hunted by a madman, and c...

  • Dracula synopsis, comments

    Dracula

    Bram Stoker

    An Apple Books Classic edition. Few characters have seized readers’ imaginations quite like Count Dracula of Transylvania, the hero of Bram Stoker’s classic. The 1897 novel put vam...

  • Wuthering Heights synopsis, comments

    Wuthering Heights

    Emily Brontë

    An Apple Books Classic edition. If you’ve only ever seen Wuthering Heights on screen, you may have an image of Catherine and Heathcliff as the ultimate starcrossed lovers. But that...

  • Meditations synopsis, comments

    Meditations

    Emperor of Rome Marcus Aurelius

    Meditations is a series of personal writings by Marcus Aurelius, Roman Emperor 161–180 CE, setting forth his ideas on Stoic philosophy.

  • My Paper Heart synopsis, comments

    My Paper Heart

    Magan Vernon

    One piece of paper can change everything After my parents received the letter I failed out of college, they didn't ask questions. They just sent me to work for my great aunt i...

  • Think and Grow Rich synopsis, comments

    Think and Grow Rich

    Greg Habstritt & Napoleon Hill

    Think and Grow Rich is one of the most popular success book of alltime, having sold more than 60 million copies since it was first published more than 70...

  • Teach Me synopsis, comments

    Teach Me

    Cassandra Dean

    From awardwinning author Cassandra Dean comes a tale where lessons of pleasure between a curious, sunshine widow and a dissolute, grumpy earl leads to passion and allconsuming love...