Archives for September 2021

When you do you take profits and when to use short? This is the advantage candlestick charts provide for investors. Just because it is time to sell does not necessarily mean you want to short. Candlestick signals and patterns show when a powerful sell force is coming into a price. This Saturday, our full day training on when to sell is going to be accentuated by the indicators that produce the best probabilities for getting out of a bullish trade and identifying the strongest selling signals that would warrant shorting trades. This is based upon reoccurring human nature through the centuries.
The Dow is currently revealing a bullish Harami at a potential support level. This makes it very important to see what the premarket futures are demonstrating tomorrow. These market conditions are providing excellent bullish trades as well as excellent short trades. Obviously when the market conditions do not show a decisive consensus in all the indexes, having the ability to make profits both long and short dramatically reduces the risk. There are currently some very strong sell signals in specific sectors. There are also some very strong bullish patterns in other sectors.

Join us this Saturday for a full-day training on when candlestick charts are revealing the probabilities going against long position trends, indicating when it is time to take profits. This information is also applied to when to take profits on short trades. You will gain an immense amount of insights for when to close profitable trades without giving back some of those profits. Join us Saturday, you will get much more information than you anticipate. Click here to register.

The T-line is one of the most accurate and powerful trend indicators. It is a natural support and resistance level of human nature. To ignore it dramatically reduces your capabilities of trading profitably. When you add the T line, a natural support and resistance level of human nature, to the graphics of candlesticks, the illustration of investor sentiment, the combination produces a very high probability trade strategy. The Dow broke down through a wedge pattern but more importantly, it traded back below the T line. Having the ability to recognize when the overall market trend is changing allows for the profitable positioning of a portfolio. Being prepared to close out long positions on weakness frees up investment funds to add to short positions. Candlestick signals and patterns produce high probability results, whether trading long or going short. No matter what trading system you are using, adding candlestick analysis to your chart evaluations will dramatically improve your trading. The probabilities of being in a correct trade have already been back-tested for hundreds of years from Japanese rice traders identifying what is going on in investor sentiment.
Join us next Saturday, September 18, for a full-day training on recognizing when the probabilities are going against you in a position. If you took the mini spotlight profit-taking training a few weeks ago, this will greatly improve your perceptions of when to move out of profitable trades and into new trades.

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

Good investing,

The Candlestick Forum team

The strong selling Today in the Dow showed a bearish candlestick formation, reaching the lower end of a wedge formation. This demonstrates a change of investor sentiment, especially when applied to a pattern everybody is watching. Add the information that the NASDAQ, although trading higher Today, traded as another indecisive day after the gap up Doji from last week. This combination indicates the market trend is starting to get tired. The probabilities are starting to change. This information allows the candlestick investor to be more aggressive for taking profits or closing out long trades that are starting to show weakness. It also allows for more emphasis to be placed upon scanning for going short positions. Although numerous trends are not showing confirm sell signals, by closing below the T line, the nature of candlestick charts allows for identifying when investor sentiment is starting to change. This is the evaluation that is much easier to identify when investor sentiment is changing. Our full day training on when to take profits scheduled for September 18 will be an in-depth analysis of when to take profits even though a confirmed candlestick sell signal has not yet occurred. Candlestick analysis allows investors to identify when the probabilities are starting to change. Join us September 18, this is information that most investors do not get enough of.

The J-hook pattern is still producing good high probability/high profit results even though the market, in general, is starting to show weakness. The candlestick investor gains a huge advantage of knowing what should result after specific candlestick signals and patterns. This is based upon the most consistent trend indicator in the world, human nature. You gain valuable insights into market and stock price trends when you know what the candlestick signals are telling you.

Good investing,

The Candlestick Forum team