A brief history of cartography Japanese candlestick

A brief history of cartography Japanese candlestick

Japanese candlestick

In Japan, during the 16th century, there was no built-in currency for the buying and selling of items. Rice was collected as a load of all workers and several feudal Lord had made a set-up in the port city of Osaka to store rice in warehouses as a result, they were used as rice received from the stock available from rice a means of Exchange in the purchase and sale transactions, NG. Additional income is sometimes created for transactions, which would pay for future harvests rice. These were called "empty rice contracts" because there was no physical possession of rice. This was the beginning of one of the first market, the future of the world.

Later in the 17th century, Mr Homma Munehisa (Munehisa Honma, 1724-1803) was a merchant of SSSs rice, Japan he studied very deeply into all aspects of the future rice market, ranging from the fundamentals of the psychology of the market and as a result, a rice Trader successfully in the market of Keanu Rice of Osaka; Homma more reported to have 100 consecutive winning trades in a row and became a legendary rice trader, was regarded as a God of the rice market. He was honored as a Samurai "honoris causa" for their business opportunities and for his contributions in the field of technical trade.

Mr. Homma Munehisa is the founder of graphics candles and candlesticks methodology is based entirely in their negotiation techniques and principles. In 1755, Mr Homma Munehisa wrote a book "San-and Kinsen Hiroku, (the source of gold, the three monkey money)" and shared the psychological side of the market; He said the spirit of a trader psychology plays a crucial role in its success and the movement of prices in the market are strongly influenced by human emotions. This book was a great success.

Later, in the 19th century many analysts Japanese technicians began applying Candlestick trading method in the Japanese stock market. Around 1900, the Japanese candles were collected by the famous Mr. market technician Charles Dow, and to date is the most popular form of graphic method of technical analysis used by traders, trading financial instruments.

More recently, Mr. Steve nison to understand the power of the Japanese Candlestick charting and was the first person to introduce him to the western part of the world. Mr. Steve nison found the chart of Japanese candles for the first time in the years 1980 to the Office of a Japanese runner, fascinated by them and I could not resist and, as a result, he began to investigate them so passionate about that, after 3 long years to go back to look, he published a book on Japanese candlesticks.
Mr. Steve nison and author of the first article written about the analysis of Japanese candles in the U.S. (published in the magazine future in 1989) and he is the author of the "Bibles" of the candlestick analysis graphs, graphs of Japanese candlestick techniques and external Candlesticks.

Mr. Steve nison is a c. m. T (chartered market technician) and is the recognized leading authority in Japanese candlesticks and has more than 30 years of experience in technical analysis and has a master's degree in finance and investments. He also worked as a Senior Analyst at Lynch alegre. Mr. Steve nison has been highlighted in many financial publications including the Wall Street Journal; Barron s, institutional investors and week of the Euro.

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