Archives for May 2022

Timing of the market is greatly enhanced by using candlestick signals at appropriate technical levels. Timing the market incorporates candlestick buy signals or sell signals in the overbought or oversold condition at levels everybody else is watching. The current downtrend of the indexes remains in progress after witnessing sell signals a few weeks back at major moving average resistance levels. The trend analysis becomes simplified using the T line rule, the downtrend remains in progress as long as the indexes do not illustrate buy signals and a close back up above the T line. Currently, numerous short position recommendations are producing very good profits because of candlestick sell signals and patterns. The J-hook pattern produces a high probability of expected results. This Saturday, May 14, the candlestick forum will be presenting a Mini spotlight training on the three kicker signal formations. Candlestick logic – if you witness a strong candlestick buy signal or sell signal that will confirm a candlestick pattern, you dramatically improve the probabilities of being in the right trade at the right time. Join us this Saturday, these one-hour – two-hour training sessions provide an immense amount of information. Click here to register.

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

Good Investing,

Stephen Bigalow

Keeping your emotions out of your trading is much easier using candlestick analysis. Keeping your emotions out of your trading merely requires identifying reversal signals and then using the T line as your trend tool. The T line rule is very simple! If you witness a candlestick buy signal and a close above the T line, assume the uptrend remains in progress until you see a candlestick sell signal and a close below the T line. If you see a candlestick sell signal and a close below the T line, assume your downtrend remains in progress until you see a candlestick buy signal and a close above the T line. 2+2 analysis is merely analyzing the direction of the market indexes using the T line and then executing trades that are also trading in the same direction. You can see how the T line has been extremely effective for down trending stocks such as CVNA that has traded from $375 down to $55 because it has consistently stayed below the T line. Candlestick analysis allows you to put all the probabilities in your favor based upon simple trend analysis combinations. If you become convinced that prices do not move based upon fundamentals, that prices move based upon the perception of fundamentals, you can drastically improve your trading abilities by identifying strong price moves with high probability expectations and continue to keep your emotions out of your trading decisions. Take advantage of our two week free trial. This will give you the opportunity to see the common sense logic that moves prices.http://www.stephenbigalow.com/2-week-trial

When to take profits is much more clearly defined using candlestick analysis. When to take profits is based upon witnessing investor sentiment changing. Currently, the market trend is bearish based upon the indexes continuing to trade below the T line. However, today the Dow and S&P 500 form Doji’s in the oversold area, the NASDAQ formed a bullish Harami. The probabilities of a bullish reversal or a bullish bounce is greatly enhanced based upon how the premarket futures illustrate where the market indexes will open tomorrow. Remember the Doji rule, a trend will usually move in the direction of how they open after a Doji. This becomes more relevant when the training is in the oversold or overbought condition. The graphics of candlestick signals and patterns reveal when it is time to take profits in short positions even though there are not buy signals and a close above the T line. The bullish signals in a downtrend, especially in the oversold condition, illustrate when investor sentiment is changing

http://www.stephenbigalow.com/2-week-trial

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

Good Investing,

Stephen Bigalow