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Michael Michaud is the founder of Invest2Success.com (http://www.invest2success.com/) and the Invest2Success Blog (http://invest2success.blogspot.com/). He has been investing and trading in the financial markets since 1989. He founded Invest2Success.com to empower individual institutional... More
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  • Candlestick Charting Trading Strategies Software Systems 0 comments
    Apr 20, 2011 7:06 PM

    Nison Candle Scanner

    Steve Nison's Candle Scanner Software

    Reduce hours of tedious candle charting analysis to just minutes easily with one click. Save hours of precious time, and boost your trading profits with candlestick guru Steve Nison's Candle Scanner. All of the filtering and analysis that Nison Candle ScannerT performs for you is done instantaneously over the Internet using proprietary filtering technology that alerts you to candlestick patterns in real-time. You can filter all daily or longer term markets (plus intraday for alerts), all the time, and have only those meeting pre-specified criteria instantly be called to your attention. What could be easier and more powerful!


    History of Candlestick Charts

    The Japanese were the first to use technical analysis to trade one of the world's first rice futures markets in the 1600s. A Japanese man by the name of Homma who traded the futures markets in the 1700s discovered that although there was link between supply and demand of the rice, the markets were also strongly influenced by the emotions of the traders.

    Homma realized that he could benefit from understanding the emotions to help predict the future prices. He understood that there could be a vast difference between value and price of rice.

    This difference between value and price is as valid today with stocks, as it was with rice in Japan centuries ago. The principles established by Homma in measuring market emotions in a stock are the basis for the Candlestick Chart analysis.

    Candlestick Charting Benefits

    Are easy to understand: Anyone, from the first-time chartist to the seasoned professional can easily harness the power of candle charts. This is because, as will be shown later, the same data required to draw a bar chart (high, low, open and close) is used for a candle chart.

    Provide earlier indications of market turns: Candle charts can send out reversal signals in a few sessions, rather than the weeks often needed for a bar chart reversal signal. Thus, market turns with candle charts will frequently be in advance of traditional indicators. This will help you to enter and exit the market with better timing.

    Furnish unique market insights: Candle charts not only show the trend of the move, as does a bar chart, but, unlike bar charts, candle charts also show the force underpinning the move.

    Enhance Western charting analysis: Any Western technical tool you now use can also be used on a candle chart. Candle charts, however, will give you timing and trading benefits not available with bar charts. This merging of Eastern and Western analysis will give you a jump on those who use only traditional Western charting techniques.

    Steve Nison's Professional Candle Chart Education & Training

    Steve Nison CMT was the very first to reveal candlestick charts to the western world. He is the author of the "bible" of candle charting analysis, and Japanese Candlestick Charting Techniques. Steve Nison provides professional candlestick educational and advisory services. Below is Steve Nison's candlestick education and training courses.


    CandleSticks

    Candlestick Trading Education & Training Books

    Japanese candle chart analysis, so called because the lines resemble candles, have been refined by generations of use in the Far East. These charts are now used internationally by traders, investors and premier financial institutions.


    Steve Nison


    Nison Candle Scanner

    Steve Nison's Steps to Trading Investing Success

    This is the only place to learn Steve Nison's proven strategies to help you pinpoint turning signals with razor sharp accuracy and reduce risk. By using the products and services here, you will Trade Smarter, Trade Safer and Trade BetterT than you ever have before. Learn more about the the steps.


    Candle Charting Intensive Training

    Cutting Edge Candlestick Charting Intensive Training

    NEW candle pattern insights, such as the order of power of candle signals so you'll know how much confidence to have in any candle setup. NEW trading psychology revelations, lets you quickly and accurately read the market's message to accelerate your analysis. NEW simple-to-follow systems, like my simple 5-Step Trading Checklist to give you a step-by-step method of maximizing your opportunities for success. Candlestick Trading System for Beginners to Pro-Traders. It doesn't matter if you're a complete beginner or pro-trader. These new DVD Training Programs will give you the Simple Candlesticks "4-Step Success System"



    Profiting In Forex

    Profiting In Forex DVD Workshop Trading Course

    Candlestick Screener - a strategy so simple, so unique, and so powerful. A never-before revealed strategy showing how to use risk/reward analysis in your trading. You'll discover how to set intraday stops to help minimize risk. The best candle patterns, and how you can easily use them to identify potential trades. How a Forex candle chart reveals TWICE the information of a bar chart. Rocket past your trading competition by using intraday Forex candles, whether you use intraday or daily charts. How to get in on a momentum trade, and ride the market to your targets. How to trade box ranges. How to tell when a candle signal is false, and what to do to help protect yourself. 10 Simple rules for Disciplined Trading. Discover when to use a candle to enter or exit a trade. Setting price targets with candles, for smart money management that will help minimize risk to your trading account. How to combine candlesticks with your favorite Western technical indicators, this will give you even stronger and more reliable signals. Accurately pinpoint market reversals and trend continuations. Identifying candle signals on your charts, and how you can respond for better results. Hundreds of Forex charts used for illustrations, available to you for quick reference at any time. Knowing how and when to use different time frame charts to your benefit. The critical differences in doji, engulfing patterns, harami, and many other candle patterns between forex and other markets.


    Profiting In ForexCandlestick Trading Course

    Forex Candlestick Charting Training Mega-Course

    NEW candle pattern insights, such as the order of power of candle signals so you'll know how much confidence to have in any candle setup. NEW trading psychology revelations, lets you quickly and accurately read the market's message to accelerate your analysis. NEW simple-to-follow systems, like my simple 5-Step Trading Checklist to give you a step-by-step method of maximizing your opportunities for success. Candlestick Trading System for Beginners to Pro-Traders. It doesn't matter if you're a complete beginner or pro-trader. These new DVD Training Programs will give you the Simple Candlesticks "4-Step Success System"


    Profiting In Forex

    Get Steve Nison's Free Newsletter

    Subscribe to my free video newsletter and I'll reveal the secrets
    to pinpointing trend reversals before other traders will know what hit them.



    Ninja Trader

    Ninja Trader Platform and Zen-Fire
    Free Demo
    Ninja Trader ZenFire is the combined result of an industry leading trading platform powered by an institutional grade trading engine that is managed by an experienced team of network professionals. Solutions for self-directed traders, automated systems and API developers all in one package. Zen-Fire provides the speed, reliability and functionality needed for trading and centralizes back-office setup and order management for enhanced risk management.

    Nison Candle Scanner Trading Software
    CandleStick Trading Software for NinjaTrader


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