Archives for September 2022

Profitable short trades are enhanced when correctly analyzing the overall market trend. Profitable short trades are confirmed utilizing strong sell signals and trading below the T line. As illustrated in CVNA , a strong downtrend is in progress with the evidence of a bearish kicker signal. Strong sell signals, even during a downtrend, provides evidence the bears are still in strong control. Obviously, remaining in short trades has produced excessive profits during this current market downtrend. When will there be a bottom to this market? You do not have to guess at that answer when utilizing candlestick reversal signals.

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

Good Investing,

Stephen Bigalow

Big profits in a downtrend is simplified using candlestick indicators. Big profits in a downtrend can also be maintained using the T line rule, keeping your emotions from taking profits to soon. As witnessed in the market indexes and numerous individual stock charts, the bearish J-hook pattern indicated high probabilities of a wave three to the downside. Knowing the magnitude of wave three, be in the same as wave one, allows the candlestick investor to remain in profitable positions overriding emotional decisions to take profits merely for the sake of taking profits. A major benefit of candlestick analysis is implementing the sage advice of cutting your losses short and letting your profits run. Candlestick charts make that process very easy to implement. The graphics of candlesticks dramatically improves your ability to keep your emotions out of your trading. The current market trend, although in the oversold condition, has not yet showing any signs of a bullish reversal. Is the oversold condition relevant? Of course, but if investor sentiment does not show any change, a market/price trend can remain oversold for many weeks or months. These are market conditions that allow for very attractive put spreads.

Strong trade entries are enhanced when knowing the general direction of the markets. Strong trade entries are greatly improved by knowing what the results are of a candlestick signal or pattern. When you put all the stars in alignment, accurately analyzing the general market trend, knowing the strongest candlestick reversal signals and patterns, utilizing high probability trend indicators, you dramatically improve your profit potential. Knowing what to expect after a candlestick signal allows for much more profitable trade results. Visually being mentally prepared for when a trade is not working allows an investor to keep their emotions completely out of their trading decisions. This current market trend has been producing very profitable short trades, both stock, options, and spreads. Join us Saturday for the Ultimate Candlestick Training. The step-by-step logic for analyzing the high probability results of a trade will greatly improve your ability to constantly be in high profit trades and keeping your emotions out of your decisions.

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

Good Investing,

Stephen Bigalow