The Japanese Chart Of Charts By Seiki Shimizu Pdf Access

Shimizu does not view a candle as merely a geometric shape. He views it as a battlefield between bulls and bears. The elongated upper shadow of a candle isn't just a price point; it is a rejection. It represents the bulls pushing prices up, only to be overwhelmed by bears who drove the price back down before the close.

While Western analysis has complex theories about "breakaway gaps" and "runaway gaps," Shimizu refers to them simply as "Windows." His rule is elegant: The Japanese Chart Of Charts By Seiki Shimizu Pdf

Before the internet, before MetaTrader, and before Steve Nison introduced "Japanese Candlestick Charting" to the Western world in the 1990s, there was Seiki Shimizu. A prolific Japanese author and technical analyst, Shimizu dedicated his career to compiling and systematizing the ancient trading methods used by Japanese rice traders in the 18th century, most notably the legendary Munehisa Homma. Shimizu does not view a candle as merely a geometric shape