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This book has many chart examples throughout the text. Mister Nison does an excellent job of illustrating the formation he is currently explaining. In addition to seeing new material in each chapter, the author also illustrates formations that we discussed in earlier chapters. This helped to engrain some of the more common formations in my head.
I feel that it is important to explain that candlesticks, while powerful, should probably not be used on their own. I feel that they can be a powerful tool when coupled with other technical indicators, such as trendlines. This book does explain how to use candlesticks along with other indicators, moving averages, oscillators, stochastics, volume, and open interest just to name a few.
The final section of the book contains a glossary of all the formations explained in the text. This will prove to be most useful due to the fact there are tons of formations to remember.
All-in-all, I found this book to be most informative. It is fairly expensive but I am sure it is fairly cheap in comparison to the knowledge that will be gained.
This book explains how candlesticks take reading crowd psychology to the next level. Not only does Nison teach recognition of the important patterns, he explains the psychological motivation behind those patterns, the emotions and sentiments unfolding as those patterns are created.
It has been my experience that candlesticks are most effective at giving advance warning of a reversing or flatlining trend- thus I apply the patterns more to my exits than my entries. But I take information from candlesticks every day regardless. Just as an example, if you look at a bar chart, you can't really tell which of those bars were up closes and which were down closes unless you look veeerry closely. With candlesticks you get this info at a glance, adding to an intuitive feel for price movement that can make you more profitable. You also get more specific and accurate signals. There's just no comparison.
I wouldn't trade without candlestick charts any more readily than I would without streaming quotes. They simply provide another dimension to market action that bar charts completely miss.
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Oddly enough, once the road trip starts, the book starts to rapidly loose steam. Bisson has a knack for great little details like various futuristic drugs, including Half-Life', which allows the dead to speak (Hilariously, they tend to say things like, "Oh no! I'm dead aren't I? Tell me I'm not dead!"). Or the giant landfill being burrowed through by miners on a drug called "Dig" who retrieve old ephemera that gets sold in "flee" markets that straddle state borders. Vehicles generally run on a massive electrical grid, and Indian casino chips function as a currency franca. But even with these nifty details, the trip'in which Hank is trying to recover the album, and the woman is trying to reunite with an old love'never really goes anywhere interesting.
Fortunately, every other chapter is a history of how the deletion system came into being, starting with terrorist acts against art and museums, and continuing with the support of the shadowy software giant "Mr. Bill" (Bill Gates, duh), and a celebrity trial. This history shows how the production of art has outpaced the world's ability to absorb it, placing new artists at a stifling competitive disadvantage. It's a kind of interesting satirical concept that Bisson riffs on rather well, but it can't completely conceal the tepidness of the road trip chapters.
The trouble starts one day when he picks for destruction up a Hank Williams record. He remembers that his father gave him the name Hank as he was a fan of this musician. He becomes obssessed with hearing the albumn and even goes as far as to visit a "Misdeamenor Cafe" where someone can hook him up with a black market record player.
Shapiro finds himself on the run with a pregnant librarian called Henry, a dead clone named Indian Bob, and his dog Homer who is female. They travel ever west in search of Hank's stolen record.
Full of interesting characters and also the history of this future world, the pick up artist is both entertaining and thought provoking. Its hard not to compare it to the classic "Fahrenheit 451," but the reasons for deletion are more complex. I highly reccomend this title.