Archives for April 2022

Options trades with candlestick analysis greatly improve the probability factors of being in a profitable trade. Option trades put into place when all the stars are in alignment not only improve the probabilities of being in a correct trade but improve the probabilities of being in a very profitable trade. Step one on any trade utilizes the analysis of the overall market trend. Candlestick signals and patterns produce the initial trade factor by allowing the candlestick investor to be more oriented toward the long side or the short side. Obviously, the recent downtrend was revealed by candlestick sell signals in the indexes in the overbought area. This made scanning for the strong individual stock sell signals better probabilities. Knowing the direction of the market, and the direction of an individual stock price allows for very good option trade setups. However, the mistake most investors make is thinking buying puts or calls is the best strategy. Simple option trading techniques such as credit spreads or debit spreads are usually much better trades strategies. Join us on April 23 for a full-day training on applying the correct option trade strategy with the correct candlestick signal/pattern. The insights that you gain from this type of training dramatically improve your correct trade ratio. Will you always be in a big price move trade? Definitely not, but the probability of being in a big price move is greatly in your favor when utilizing candlestick analysis.

Members Chat session tonight at 7pm central. Free to Members. Not a member? Click here to join

Good Investing,

Stephen Bigalow

High probability candlestick trades are easily identified when adding a number of confirming indicators to the visual analysis. High probabilities of candlestick trades are produced when identifying the confirmation of the candlestick signals and patterns. A strong confirmation is witnessing signals and patterns followed by gaps in the confirming direction. Good profit short positions are in progress based upon dumpling tops that were confirmed with gap downs in prices. Candlestick reversal signals, such as the bearish engulfing signal, and a close below the T line is producing good short trades. Putting all the stars in alignment is nothing more than correctly analyzing the overall direction of the markets and then analyzing which stock positions are producing the strongest signals are patterns in conjunction with the overall market direction. The current downtrend has been producing good strong profits in short trades. Everything built into a candlestick chart is merely common sense analysis put into a graphic depiction. Options trading is a good way to maximize profitability. Join us on April 23 for a full-day training on learning the appropriate option strategy to be applied to specific candlestick signals and patterns.

Chat session tonight at 8 PM ET, revealing the benefits of option spreads. Click here to register.

Good Investing,

Stephen Bigalow

Today’s bullish trading created candlestick patterns that illustrated the T line is acting as support. The J-hook pattern is one of the most consistently profitable candlestick patterns. It illustrates a continuation of bullish sentiment after some profit-taking. Today, the NASDAQ and the S&P 500 clearly illustrated J-hook pattern setups, using the T line as a support level. Knowing what human nature produces as reoccurring patterns allows the candlestick investor to gain a huge advantage in knowing how to analyze price trend movements. These patterns can be applied to the general market trend as well as individual stock trades. Our daily chat room has many experienced traders that identify the high profit/high probability pattern setups. This allows investors to learn very quickly which trade setups will work most effectively. Numerous J-hook patterns were identified in today’s trading which logically coordinates with the market indexes creating J-hook patterns. The visual aspects of candlestick analysis consistently put the probabilities of being in the correct trade at the correct time. A major benefit of the J-hook pattern is being able to calculate relatively accurately what the magnitude of the next price move will be. Join us for a two-week free trial if you are not yet a member of the candlestick forum chat rooms. You will gain great insights into what moves prices.

Members Chat session tonight at 7pm central. Free to Members. Not a member? Click here to join

Good Investing,

Stephen Bigalow