![]() ![]() ![]() Us westerners, when we think of anything Japanese, we tend to think of something well engineered, and a society that is very old. If you search on the internet, where all of the truth in the world currently resides (that was supposed to be funny), you can find hundreds of variations on how candlestick trading came into existence. And whom actually introduced it to westerners. Steve Nison claims to be “the guy”, there are some other guys as well, that claim that Steve wasn’t the first guy, etc. But really, who cares whom was first? The real issue is whether any of this candlestick charting stuff is statistically valid. How did Japanese candlestick charting become such a popular concept? All popular modern charting packages now include Japanese candlestick charting. This inclusion leads us to assume that it must be a valid idea simply because it is included as a standard charting feature. #Steve nison japanese candlestick charting techniques professional#īut why? And how did it become such a powerful concept? The Japanese candlestick, is really just a pop culture phenomenon that was born out of the 1980’s. ![]()
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