Archives for October 2021

Analyzing the market trend is relatively easy after the reversal has been identified. As long as the trend remains above the T line, the uptrend remains in progress. Now the biggest factor is identifying which trades will produce the greatest profits during the uptrend. All boats will rise in a rising tide. We are looking for the boats that are going to rise a lot faster. There are approximately 18 combination of candlestick signals and patterns that produce high probability/high profit results. Once you learn the characteristics of a strong Top Ranked candlestick signal or pattern, you gain a huge advantage for consistently putting high profit trades in your portfolio.

Simple logic – The best friend signal is an extremely high-profit trade setup. It is a Doji, illustrating indecision, followed by a gap up in price which definitely reveals what investor sentiment is doing after the indecision. This was illustrated in our recent recommendations on BEKE and CANO. Prices do not move based upon fundamentals! Prices move based upon the perception of fundamentals. This is exactly what the graphics of candlesticks analysis provides, a clear indication of what is occurring in investor sentiment. Join us this Saturday for a full day of training. You will learn to identify the strongest signals and learn how to utilize simple options strategies to maximize your profitability of that trade. But the most important aspect of this training is orienting your mental perspective on how to trade effectively knowing what human nature normally produces. Click here for more information.

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

Good investing,

The Candlestick Forum team

Having the ability to analyze the overall market trend with great accuracy, using candlestick charts, allows investors to maximize their profitability by identifying the strongest candlestick signals and patterns in individual stocks that conform with the market direction. Last week, the NASDAQ set up a bullish flutter kicker signal that provided very strong evidence a bullish reversal was about to occur. This was also confirmed with strong bullish signals in the Dow and the S&P 500. Knowing the expectations of pattern confirmations allows for ultimate entries on high profit option trades. This was demonstrated with numerous Doji sandwich signals right at breakout levels. This allows for entering profitable option trades at the ultimate timing.

Join us this Saturday, October 23 for a combination full-day training utilizing the top-ranked candlestick signals and patterns and then applying the appropriate option strategies to maximize profits from the expected price move. Most importantly, you will gain control of your own investment perspectives, eliminating emotions in your trading as well as pinpointing the strongest trades to be entering. Understanding what the results will be from a high probability candlestick signal or pattern eliminates getting into trades too late.

https://www.stephenbigalow.com/top-rank

Chat session tonight at 8 PM ET.

Good investing,

The Candlestick Forum team

The combination of the market indexes produced an extremely high probability reversal. The NASDAQ had formed a potential bullish flutter kicker set up on the positive trading yesterday, opening at the previous day’s open and closing higher. The S&P 500 formed an inverted head and shoulders pattern which in the Japanese rice traders terminology is called a three valleys pattern. The Dow, after forming a long leg a Doji yesterday, opened positive today and has now close just slightly above the 50 day moving average. The choppy/indecisive nature of the market will require trading above the 50 day moving average to get it out of its choppy range. This means lower trading tomorrow continues to make the market choppiness still in place.

But these market conditions are still producing extremely strong bullish as well as bearish profitable trades setups. As demonstrated in OCGN, a scoop pattern bullish slingshot affect is in progress. Not only are these high probability directional results, but the magnitude of the profits is extremely strong. Knowing the top-ranked signals and patterns provides very strong profit potential when applying the appropriate option trade strategies to the appropriate price moves. Join us on October 23 for a full-day training on identifying the strongest signals and patterns and then applying the correct option trades to maximize profitability. This training also incorporates solidifying the mental process to be a successful trader intertwined with the analysis. This is an extremely valuable aspect built into candlestick analysis.

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

Good investing,

The Candlestick Forum team