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Encyclopedia of Candlestick Charts (Wiley Trading)
by Thomas N. Bulkowski
from Wiley
Customer Reviews:
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Avg. Customer Rating: 4.0 / 5.0 
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Statistics can tell you something but... 
Don't buy this book to learn about candlesticks. To learn buy Nison's first book. If you want a second book maybe buy this one
I bought this book because I wanted to know some more about how successful the candlesticks patterns really are. Bulkowski has processed lots of data and he presents lots of (almost raw) data. Actually he presents too much and hardly any recommendations of how to use candles. But also too little data, for instance he doesn't use standard deviation at all. This would have been... more info
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Encyclopedia Critique 
Mr.Bulkowski dedicates a chapter to each one of 103 individual candlestick patterns, most of which are reversal patterns. The chapters are ususally 8-9 pages long and have the format: behavior & rank: identification guidelines:- statistics: trading tactics: a sample trade and advice on optimizing the use of that pattern.
For me, the author's most interesting finding was that more than one quarter of the patterns do not act as would be expected, e.g.in a bull market, the common Harami Bear and... more info
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great book 
the beast book regarding candlestick charts
Author covered every aspect of candlestick charts (focus on statistics - it can be very helpfull in trading candlestick charts)
position which you should have
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Professional Trader
An excellent reference tool. Written in a clear easy reading style that Tom has become know for. Well researched with numerous real time candlestick performance examples.
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