Archives for December 2022

What are the best stocks for 2023? You do not have to be an analyst to try to figure that out. The best stocks for 2023 are being fully researched by every money manager around the world. They are all using the holidays to assess what their strengths and weaknesses were in 2022. They are also analyzing where they want to move funds for 2023. This is usually indicated on the first couple of trading days going into a new year. Candlestick charts immediately reveal the best stocks for 2023 by identifying where big money is placing their trades. The Candlestick Forum trains investors how to utilize the information built into a candlestick chart to identify high-probability price moves. Investor sentiment reacts the same way time after time. The Candlestick Forum training educates investors to recognize the price pattern setups that will produce better probabilities of being in solid and correct trades. As illustrated in the current market trend, the Santa Claus rally that everybody predicted did not occur. Candlestick charts reveal what is happening versus what everybody is expecting to happen. You can gain a huge advantage for analyzing market trends and individual stock price moves with the information built into candlestick signals and patterns. To disregard this information is putting yourself at a disadvantage. It does not take long to learn the price patterns showing strong price movements, either bullish or bearish. Join us this year at the Candlestick Forum chat rooms. You will gain an immense amount of information that will greatly improve your assessments of trade setups. Happy new year!

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Good Investing,

Stephen Bigalow

The first analysis before any trades are established is being able to accurately assess the overall market trend. This is where the combination of candlestick reversal signals in the use of the T line dramatically improve your evaluations. Note how the Dow produced a MorningStar signal and a close above the T line yesterday. However, although the NASDAQ and the S&P 500 formed MorningStar signals, they did not close above the T line. Today’s bearish gap down, below the previous day’s candles, was clear evidence the bears were still in control. And the T line was not going to be breached. The assumption remains that the downtrend is still in progress. This is where putting the probabilities in your favor is greatly enhanced. Scanning for short trades becomes a much higher trade probability. Utilizing the information in candlestick signals and patterns allows the candlestick investor to identify which of those bearish trade set ups will likely have the strongest bearish price moves, both in identifying the direction as well as identifying which trades may have the strongest downward price moves. Common sense aspects of candlestick analysis can be applied to charts when analyzing your existing trading strategies or using the candlestick charts as your primary trend indicators. Merry Christmas.

The Candlestick Forum is an educational website that teaches investors how to use candlestick signals and patterns effectively. The first major benefit is learning how to identify the signals and patterns that have the strongest probability of producing an expected result. But there is another important element! Knowing what to do after identifying the signal or pattern. The Japanese rice traders have observed through hundreds of years of actual trade application what to expect to produce better probabilities that a candlestick signal or pattern is performing as anticipated. Learning candlestick analysis provides a much more clear evaluation of what is occurring in a price trend. Candlestick analysis is the utilization of probabilities based on hundreds of years of historic results. But investors do not have to use it as a soul-trading strategy. If you are already using somebodies trading strategy that works relatively effectively, adding candlestick charts to the analysis will greatly improve the results of an existing trading strategy. The main element when learning candlestick signals and patterns is knowing they work with a high degree of probability. Otherwise, we would not be looking at them today if they did not work. Join us for 2023. You will gain much more insight into price movement when using the graphics of investor sentiment.

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

Good Investing,

Stephen Bigalow