Archives for October 2022

The best candlestick chart patterns produce some very powerful profits. The best candlestick chart patterns are created by strong reoccurring results of human nature. These patterns are easily recognized; you don’t have to be a sophisticated technical analyst to utilize candlestick charts. Investor sentiment works the same way time after time. We now have the benefit of the Japanese rice traders’ 400 years of analysis and application of profitable candlestick signals and patterns. The best candlestick patterns have two fold benefits. They produce high probability trade direction and stronger price movement than merely up-trending or down-trending stock prices. Additionally, it allows for the identification of strong sector reversals. The J-hook pattern and bobble breakout pattern, identified in a number of stock positions in a specific sector, such as NKLA, FSR, LCID, and RIVN, provides a good indication electric vehicle stocks are being bought. Combining candlestick signals with a candlestick pattern developing produces strong probabilities the pattern is going to produce good profits. This coming Thursday we will be concentrating on the high-profit setups from the strongest individual candlestick signal, the kicker signal.

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

Good Investing,

Stephen Bigalow

The candlestick reversal signals confirmed today. The candlestick reversal signals confirmed not only with the indexes trading lower, but big traders such as AMZN showing a strong sell signal, a bearish flutter kicker signal. Common sense illustrates high probability trade expectations when you can identify reversal signals setting up in the market indexes and identifying reversal signal set ups in individual stocks. The bearish flutter kicker signal set up was identified in the NASDAQ yesterday when it opened and closed at the previous day’s open. This provided the anticipation for a bearish flutter kicker signal. Today’s lower open in the NASDAQ and AMZN produce the high probability expectation of a bearish flutter kicker signal. Knowing what the probabilities are based upon candlestick signal set up expectations allows for being in profitable trades at the exact correct time. Candlestick reversal signals set ups greatly improve profitable entry strategies, especially for option traders. Join us this Saturday for a full day training on how to apply the appropriate option strategy with the corresponding candlestick signal or pattern. You will gain much more information than you expect.

Chat session tonight at 7pm central. Click here to register.

Good Investing,

Stephen Bigalow

Candlestick chart pattern breakouts are occurring when the market trend is consistent in one direction. Candlestick chart pattern breakouts are being identified in the fry-pan bottom breakouts in the J-hook pattern breakouts. Big profits have been made from the J-hook pattern in a number of energy stock prices. An additional bullish confirmation is recognizing the same pattern exhibited in numerous stocks in a specific sector. This illustrates the sector is being bought across-the-board. XOM, COP, EOG, NOV, APA, OXY, and many more were exhibiting strong J-hook patterns. Currently, J-hook patterns are being identified in the steel stocks and mining stocks. The advantage of being in candlestick pattern breakouts is twofold. First, there is a high probability of the price move moving in the expected direction and secondly, the magnitude of the price move will be much greater than a mere up trending stock during an up trending market. Take advantage of this information by knowing which simple option strategies produce the highest profit potential. Join us this Saturday, October 29 for a full day training on applying the best option trade strategies to the appropriate candlestick patterns.