For decades, Western traders relied on bar charts and point-and-figure analysis. The concept of candlesticks—where the "body" represents the range between open and close, and the "wicks" (or shadows) show the high and low—was virtually unknown outside of Japan.
While Steve Nison is rightly credited with popularizing these methods, Nison himself has cited Seiki Shimizu as a primary source. Shimizu was a journalist and analyst for the Kabu Shijo Shimbun (Stock Market Newspaper) in Japan. His book wasn't written as a "get rich quick" manual; it was a dense technical treatise documenting centuries of Japanese market wisdom originally developed by the legendary rice trader Munehisa Homma.
Accessing the PDF today offers a raw look at this knowledge before it was smoothed over and packaged for Western mass consumption. The Japanese Chart Of Charts By Seiki Shimizu Pdf
"The Japanese Chart of Charts" by Seiki Shimizu is a renowned book that has been a cornerstone in the field of technical analysis, particularly in the context of Japanese candlestick charting. This method of charting, which originated in Japan over a century ago, provides traders with a unique perspective on market psychology and price action.
The book, aimed at both novice and experienced traders, offers an in-depth exploration of the principles and applications of candlestick charting. Shimizu's work is not just about understanding the individual candlestick patterns but also about grasping how these patterns can be combined to form more complex and meaningful chart configurations. For decades, Western traders relied on bar charts
Modern traders often treat a Doji (a candle with a tiny body) as a simple signal of indecision. Shimizu treats it with far more reverence. In The Japanese Chart of Charts, the Doji is often a warning siren.
Shimizu highlights the importance of the Doji at the top of a trend. He explains that after a long advance, a Doji indicates that the bulls have lost their momentum. They didn't necessarily lose the battle yet, but they have stopped winning. For Shimizu, that distinction is critical. Shimizu was a journalist and analyst for the
Shimizu’s "Dried Riverbed" pattern is perfect for pre-breakout scalping. Look for five to seven consecutive doji or spinning tops with shrinking ranges. Place buy-stop orders above the high and sell-stop orders below the low. The moment the "river" moves, you enter.
Shimizu argued that the closing price relative to the high/low is more important than the opening price. A candle that "thrusts" through a previous close but fails to hold (a shooting star) signals a liar’s rally.
Use the "Three River" consolidation method. Instead of guessing the direction of a flag or pennant, wait for Shimizu’s "Rushing River" (broadening wedge) to resolve. Place stops at the extreme of the last shadow.
A classic reference compiling many standard music/chord/scale charts and related tables used by Japanese musicians and arrangers. This guide explains where to look for it, how to use typical contents, and study/practice tips.