Do you know when to take profits? Most investors want to learn when it is time to buy but very few investors are taught when to sell. The candlestick forum provides a common-sense analysis that both reveals when it is time to be buying and when it is time to be selling. Join us this Saturday, January 16, for a full day of training on when the probabilities are indicating it is time to sell. Candlestick analysis provides six very compelling indications of when to start taking profits. This may be highly relevant due to the market indexes starting to show weakness, the uptrend beginning to look tired. Although there are still some very strong sector moves, candlestick logic reveals when it is time to take profits in one sector/stocks and rotate either into new strong sectors or adding short positions to the portfolio. If you want to have full control of your investing, knowing the appropriate times to be buying and the appropriate times for taking profits, join us this Saturday, January 16, for a comprehensive analysis of when candlestick charts reveal the probabilities starting to go against a bullish position. You will not be disappointed, you will gain insights that you can utilize for the rest of your investment career. Click here to register.


The markets are showing some weakness, the indexes selling off hard going into the close today. This was after a number of days where the uptrend appeared to be stalled. The graphics of candlestick charts reveal an immense amount of information. Profitability is dramatically improved when you as an investor know when to start moving out of profitable trades. The graphics of candlesticks greatly reduce the emotional decision-making when closing profitable trades. The electric vehicle stocks remain in a good uptrend as most of those stock prices continue to trade above the T line. Oil stocks and specific biotech stocks continue to act very well. OXY, as seen in the chart, has a high probability of continuing wave three. This is evident in numerous oil-related stocks, clearly indicating that the sector is being bought across-the-board. The advantage candlestick scans provide is identifying which of those stocks have the greatest upside potential. That same scanning process allows investors to identify which sectors have the most upside potential, then identifying which stocks in that sector have the best upside potential. This is putting all the stars in alignment. Join us this weekend and take advantage of the common sense that is built into candlestick charts.http://www.stephenbigalow.com/profit-taking-101

Chat session tonight at 8 PM ET with Guest Speaker Mark Sebastian.Click here to register.

Good investing,

The Candlestick Forum team

When to take profits! Join us this Saturday, January 16 for a full day of comprehensive training on the high probability profit-taking strategies produced by the simple visual analysis of candlestick. You do not have to be a sophisticated technical analyst to take advantage of the information revealed in candlestick charts. It becomes very obvious when investor sentiment is changing. So obvious it is like hearing somebody in a nudist camp say ” Boy, I would sure like to see her in a tight sweater.” Join us this Saturday. You will get more information than you expect.

An assumption, the electric vehicle industry is not only here to stay but likely has a huge market potential over the next few years. This makes simple candlestick scanning techniques valuable to the short-term trader as well as a long term investor. The electric vehicle industry is growing rapidly. Why? Two important elements! First, the general public favors electric vehicles that do not create pollution. This is the most powerful aspect of the popularity of electric vehicles. Secondly, technology! The technology advances in the power generation/batteries of electric vehicles are advancing exponentially. Simple candlestick scans will continue to illustrate which companies in this sector is producing the best technology. There will be many short-term, as well as long-term recommendations in this area. The Candlestick Forum will be providing a new service directly oriented toward the electric vehicle trading sector. Because technology is moving so fast in that industry, the candlestick charts will allow for reverse engineering analysis to identify which companies are advancing faster than others, producing better trading opportunities. This can be applied to the short-term trader as well as the long term investor.

The hanging man signal on Friday in the indexes revealed the potential of profit-taking/reversal if the indexes traded lower today. Profit-taking would be more implied based upon the indecisive candle that has formed in the indexes today. This still indicates the potential for more profit-taking, probably back down to the T line, but not indicating a full-scale reversal of the market trend. The strategy remains simple, stay long in the bullish sectors that continue to trade above the T line.

Both the Dow and the NASDAQ showed good strength above observable technical levels. The Dow continues to trade up above the resistance level that has developed in the markets over the past two months. The NASDAQ is producing a J-hook type pattern trading well back up above the T-line. This is producing a major benefit for candlestick investors. Once identifying the candlestick pattern breakout set ups, the price move results have extremely good profit potential because there is currently the lack of any bearish fear in the market trend. This provides additional strength when a bullish candlestick pattern breaks out. As illustrated in our recommendation this week on NCTY, the fry pan bottom breakout produced an inordinately strong profit. Not only to candlestick charts reveal when a high profit trade set up is about to occur, the same investment psychology allows candlestick charts to indicate when it is time to take profits.

Numerous charts, especially in specific sectors, such as the electric vehicle, lithium battery, and biotech sectors are producing very strong candlestick patterns. Not all stocks/sectors are participating in this uptrend. Candlestick scanning techniques allows an investor to pinpoint which sectors are producing the best results based upon identifying the signals illustrating strong bullish sentiment. This allows for concentrating investment funds into areas that are performing the best. There is also evidence of sector rotation. A major advantage of utilizing candlestick analysis is identifying when it is time to take profits. Join us January 16 for a full day training on the indicators built into candlestick charts that allow for taking profits at the high probability areas. It is just as important for knowing when to be buying as it is for knowing when to take profits.

Because of a change of politics in Washington DC, simple candlestick scans have revealed where the next big price moves are likely to occur. Lithium batteries are making dramatic changes in the electric vehicle area. Candlestick charts allow for the identification of which stocks in those sectors will produce the highest probabilities of strong profits. This is not rocket science! This is merely common sense analysis based upon the bullish signals and patterns that Japanese rice traders have identified over the last 400 years.

Chat session tonight at 8 PM ET. Click here to register.

Good investing,

The Candlestick Forum team