How did the author learn to draw candles?
It is well-deserved to say that the candle diagram technology system has a long history. I often wonder to myself, "Why did the western world know almost nothing about this technology for such a long time?" Is it because the Japanese regard it as a magic weapon of the real mountain and keep it secret? Or is it because American society is blind and can't get the information it deserves? I don't know why, but it took me years of hard work to piece together a complete set of theories about candle painting technology in my impression. Anyway, in many ways, I am lucky. From my personal characteristics, I can not only persevere, but also have a unique vision for digging treasures. The combination of the two aspects may just constitute a trait that others don't have, so that I can finally complete this career. From 65438 to 0987, I met a Japanese brokerage. One day, she and I were sitting in her office. At that time, she was looking through a set of Japanese stock market charts (the charts in the Japanese stock market chart set are in the form of candle charts). Suddenly, she cried, "Look, a window test", so I asked her what it meant. She explained that the so-called window is actually the same as the price gap in western technical analysis theory. She further introduced that the terminology of western technical analysts is "filling the price gap" and in Japan it is "closing the window". She also talked about other terms, such as "cross star", "dark clouds cover the top" and so on. I was fascinated at once. In the following years, I spent all my time researching and exploring wax drawing technology. When I meet any suitable market target, I will try it with the technique of drawing candles. Things are not smooth sailing. At that time, the first difficulty was that it was difficult to find an English publication on candle drawing technology. At first, I was lucky to have a Japanese agent to help me. I also worked hard to draw candle diagrams in various markets and analyze them, trying to find out the experience from practice. Then things got better. Thanks to the library of the Association of Market Technical Analysts (MTA), I happened to find a book there, which was published by the Association of Japanese Technical Analysts and entitled "The Current Situation of Japanese Stock Price Analysis". It used to be a Japanese brochure, but it was later translated into English. Unfortunately, in this book, only 10 page talks about candle drawing technology. However, even so, I finally found some English candle pictures. A few months later, I borrowed another book. This book has a great influence on my career. Shelly ryback, then the office director of the Association of Market Technical Analysts, brought this book back from Japan. The title is "Chart Analysis Technology in Japan", which was translated into English by Seiki Shimixu and Greg Nicholson and published by Tokyo Futures Trading Publishing Company. In this book, there are about 7 pages about candle drawing technology, and it is in English. For me. Getting this book is like finding a fountain in the desert. This book contains a wealth of knowledge about candle diagrams, but I have to admit that every detail of this subject is extremely novel, and it takes some effort and time to fully understand the concepts in the book. At the same time, I will gradually adapt to and master various terms with Japanese style. On the other hand, the writing of this book is sometimes a bit obscure. Part of the reason for this phenomenon may be the lack of translation work. The original work was published 25 years ago and was originally written for Japanese readers. Later, I found someone to help me translate some Japanese (translator's note: 1799). A stone tablet engraved with Greek and Egyptian hieroglyphs and simplified Chinese characters was found in Rosetta, the mouth of the Nile River in Egypt. It is through this stone tablet that Egyptian characters have been tested. ) It's been several months. I can't put this book down. I read carefully over and over again, and wrote down detailed reading notes at the same time. At the same time, I also began to draw candle diagrams in more than a dozen markets, and applied the candle diagram analysis method in the book to these diagrams for practical exercise. I chewed this new knowledge carefully, crushed it and kneaded it into a ball to appreciate these new concepts. I said I was lucky, not just for the above reasons. I also had the privilege of knowing the original author of this book, Mr Shimizu Seiki, and got his advice and solved many doubts. Mr. Shimiau can't speak English, but coincidentally, Greg Nicholson, the translator of this book, enthusiastically took on the heavy responsibility of intermediary and translated our fax. In the process of my exploration of candle chart technology, the book "Chart Analysis Technology in Japan" played a foreshadowing role. If there is no such book, then you can't see the book in your hand. In order to further study candle diagram analysis technology and improve my level, I have been asking Japanese professionals who actually apply candle diagram technology for advice. As long as they have time and are interested in talking about this topic, I never miss an opportunity. I once met such a Japanese trader. His name is Morihiko Goto. He has been analyzing the market with candle chart technology. He generously gave me a lot of precious time and shared his views on candle drawing technology with me. This is enough to make me happy, but guess what else he told me? Candle painting technology has been passed down from generation to generation in their family! We spent a lot of time together, not only discussing the history of candle drawing technology, but also learning the application of candle drawing technology, which made me very happy. There is a huge treasure house of knowledge about candle diagrams hidden in his chest. In addition, I also collected a large number of Japanese candle drawings and asked people to translate them into English. This is another thorny issue. On the one hand, it is not easy to obtain the original technical data of Japanese candle map, on the other hand, it is quite difficult to translate it into English accurately. Accord}Iz7g to one estimate, the total number of on-the-job and part-time Japanese-to-English translators in the United States may not exceed 400 (including amateur translators). From these candidates, I must find such a person who can not only translate conventional materials, but also be comfortable in professional fields such as technical analysis. At this point, I am lucky, because I got great help from new york Language Service Co., Ltd. Richard solberg, the general manager of the company, provided indispensable support for the smooth progress of this work. He is a rare talent. He is an American, speaks fluent Japanese, understands technical analysis and has practical experience in technical analysis. Richard is not only outstanding in translation, but also helps me to explore and search the original technical data of Japanese candle maps. It is through his help that I have a rich collection of Japanese original candle drawing techniques, which are incomparable to domestic counterparts. Without Richard, the book might be much thinner. Before I 1989 published that stepping stone article, you couldn't find several information companies that provided candles in the United States. Nowadays, there are a dime a dozen information companies that provide such charts. Among them: Bloomberg (new york, New York) Commodity Trend Chart Service Company (North Pam Lake, Florida) Gornpu Trac (tm) Company (New Orleans, Louisiana) CQG Company (Glenwood Hot Springs, Colorado) Flag Software Company (Falls, Idaho) Knight Reed Commodity Perspective Company (Lumbard, Illinois) Day by day, candle drawing technology is more and more popular.