Archives for January 2022

The visuals of candlestick analysis make trend analysis very easy to apply. As illustrated in the Dow and the NASDAQ, the positive trading of the past few trading days did not have a final bullish confirmation, a close above the T line. Especially in the NASDAQ, where after a few bullish trading days, which were not candlestick reversal signals, yesterday’s trading still could not close above the T line. That probability factor makes suspecting whether a bullish reversal has occurred much more enhanced. Additionally, the lack of a close above the T line was also suspect because stochastics were still in a downward trajectory. These simple factors allow the candlestick investor to maintain portfolio positioning without getting whipsawed out of a good trade.

It can be easily analyzed as far as the overall direction of a market trend. Logic dictates that if you can analyze a downtrend is starting or in progress, simple candlestick scanning techniques allow for identifying good short trades. But profitability can be greatly improved by identifying the power short trades. Join us this Saturday, January 15 ,for identifying the simple process, for not only being in the correct direction of a trade, but identifying the correct direction AND trades that will have the most profitability prospects. The Candlestick Frum Mini Spotlight training sessions are scheduled for one hour ( anticipate at least two hours) for revealing the strongest trades set ups. Join us, you will get much more information than you expect. Click here to register.

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

Good Investing,

Stephen Bigalow

The downtrend remains in progress, even though there are potential reversal signals formed today in the indexes. However, they have to be viewed with a little bit of skepticism because of the trajectory of the stochastics and the indexes continuing to trade below the T line. A change of market direction/investor sentiment requires bullish confirmation of reversal signals and a close above the T line. Until then, short positions can continue to be held with the T line being the final criteria.

A major advantage of candlestick analysis is not only being able to analyze what the overall market direction is doing, but being able to scan for the strongest powers signals that will be most profitable during the current trend. Obviously, and a bearish market, finding sell signals utilizing simple candlestick scanning techniques allows for high probability trades. But even more so is the identification of the power sell signals. This allows for maximizing profitability during an existing market trend. Join us this Saturday, January 15 for a Candlestick Mini Spotlight training, identifying the strong powers signals. Simple visual analysis allows investors to maximize their profitability by being in a strong price move. Click here for more info

Good investing,

The Candlestick Forum Team

The markets usually show which sectors are going to act the strongest or the weakest based upon the first few days of the new year trading. However, candlestick analysis is a much more accurate assessment of whether the assumed expectations of what normally happens is continuing to perform. This year, the overhang of inflation, which is now lead to the feds indicating they were going to start raising rates, took the wind out of the sails. Anytime the feds are raising rates, that creates a bearish reaction in the markets. This is why using the candlestick charts allows investors to more accurately trade in the right direction based upon the Japanese rice traders simple philosophy, let the market tell you what the market is doing.Knowing the current trend is in a downtrend, a major benefit for candlestick investors is the ability to scan for the strongest bearish chart potentials. The bearish best friend and bearish Doji sandwiches produce high probability short trades. Join us January 15 for a candlestick mini spotlight training on identifying the powers signals.

Chat session Tonight. Click here to register.

Good Investing,

Stephen Bigalow