Steve Nison is a Chartered Market Technician (CMT) credited with discovering and introducing the Japanese candlestick charting method to the West in the late 1980s. Before Nison, Western traders relied primarily on bar charts and point-and-figure charts. His work revolutionized technical analysis by emphasizing the psychological sentiment behind price movements through visual patterns.
If you are reading the Spanish editions, here are the essential translations you will encounter:
| English Term | Spanish Term | Description | | :--- | :--- | :--- | | Candlestick | Vela Japonesa | The charting unit. | | Body | Cuerpo | The wide part of the candle representing the open/close range. | | Shadow / Wick | Sombra / Mecha | The lines above/below the body showing highs/lows. | | Bullish | Alcista | Indicating a potential rise in price. | | Bearish | Bajista | Indicating a potential drop in price. | | Doji | Doji | A candle with almost no body (open = close), signaling indecision. | | Hammer | Martillo | A reversal signal at the bottom of a trend. | | Engulfing | Envolvente | A two-candle reversal pattern. |
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Dada la alta demanda, existen varias fuentes legítimas y no legítimas:
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