Japanese Candlestick Charting Techniques Quotes

“Then a white bullish real body wraps around, or engulfs, the prior period’s black real body (hence its name). Another nickname is a “hugging line” for obvious reasons. (Maybe on Valentine’s Day I will refer to the engulfing pattern as a hugging pattern.)”
― Steve Nison, Japanese Candlestick Charting Techniques: A Contemporary Guide to the Ancient Investment Techniques of the Far East, Second Edition

“If an umbrella line emerges during a downtrend, it is a signal that the downtrend should end.”
― Steve Nison, Japanese Candlestick Charting Techniques: A Contemporary Guide to the Ancient Investment Techniques of the Far East, Second Edition

“There is nothing so disastrous as a rational investment policy in an irrational world.”
― Steve Nison, Japanese Candlestick Charting Techniques: A Contemporary Guide to the Ancient Investment Techniques of the Far East, Second Edition

“Before the publication of this book in 1991 B.C. (Before Candlesticks), who ever heard of a candlestick chart?”
― Steve Nison, Japanese Candlestick Charting Techniques: A Contemporary Guide to the Ancient Investment Techniques of the Far East, Second Edition