Published on 23 May 2022
While Steve Nison is often credited with popularizing candlesticks in the West, Seiki Shimizu provided the deep mathematical and cultural context. Shimizu was a dedicated student of the Japanese markets, translating complex Rice Market theories into a structured methodology. His work focuses on the "psychology of the crowd" and the belief that price action is a reflection of the human soul's reaction to scarcity and abundance. 📈 Core Methodologies in the Book
Many Japanese techniques require waiting for a "confirmed" break, which saves capital during choppy markets.
A "long tail" or a "gap" is a window into the fear or greed of the market participants at that exact moment. ⚠️ A Note on Accessing the PDF
To help you apply these concepts to your current trading setup:
The book contains hand-drawn charts that illustrate nuances often lost in modern software.
The physical version of The Japanese Chart of Charts is often out of print or sold at a premium as a collector's item. Traders seek the PDF version for several reasons:
While many online libraries and trading forums host digitized versions of Seiki Shimizu's work, ensure you are sourcing from reputable academic or historical archives. The insights within these pages are timeless, offering a "slow-trading" perspective in an era of high-frequency algorithms.
This is a trend-following technique that ignores time and focuses solely on price movements. It helps traders stay in a trend until a significant reversal—defined by breaking the highs or lows of the previous three lines—occurs. 3. Renko and Kagi Charts
Uses vertical lines of varying thickness to show supply and demand shifts. 4. Moving Averages and Cycles