Seiki Shimizu

He was awarded the Blue Ribbon Medal by the Japanese Emperor Hirohito in 1984 for his contributions to the Japanese commodity futures industry.

The candlestick technique is often used by traders and investors who employ Technical Analysis (TA) to guide and manage their stock and/or commodity positions. This technique of graphically representing movements of a stock or commodity's price dates back to the Japanese rice market of the 17th century. At that time, chartists drew their candlesticks on a scroll of Washi paper, from right to left, with a crow quill and India ink ground by hand. These charts provided traders with a sophisticated but quick summary of fluctuations in supply and demand, as well as the emotional and psychological factors at play in the market.