Archives for June 2023

Candlestick power trades are easy to identify utilizing candlestick pattern setups. Candlestick power trades usually going to occur at breakout levels that were previously set up with candlestick signals and patterns. Profitability is greatly enhanced when you can get a much more accurate read on the overall market trend. The Dow illustrates that the T line has confirmed the bullish candlestick signals. After yesterday’s whipsaw action following the Fed announcements, today the T line illustrated it was continuing to act as support. The bullish sentiment has been exhibited, with the NASDAQ and the S&P 500 continuing to trade above the T line. This made the candlestick power trades work much more effectively because of the lack of very sentiment in the current market conditions. The J-hook patterns and the fry pan bottom patterns produce very profitable results. Learning how to utilize candlestick signals and patterns is relatively easy. It merely identifies what the Japanese rice traders have observed as high profit/high probability trade setups over the past 400 years. Join us tonight for a free candlestick training session, demonstrating which stocks have the most substantial bullish potential.

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

Good Investing,

Stephen Bigalow

Eliminating trading emotions is greatly simplified using candlestick charts. What is the biggest foobar when it comes to investing? Our own emotions! Eliminating trading emotions is simply utilizing candlestick signals and patterns in conjunction with the T line. The T line is used as the ultimate trend factor. Once a trend has started because of a candlestick reversal signal or pattern, maintaining the position is much easier by merely utilizing the T-line rule. As illustrated in the Dow, the J-hook plus pattern revealed much stronger probabilities of an uptrend continuing. Add the NASDAQ and S&P 500 analysis, both trading above the T line, assuming the bullish sentiment controls this market. This allows the candlestick investor to take advantage of price patterns likely to confirm based on the lack of any bearish sentiment in current market conditions. This allows investors to put all the stars in alignment. Because candlestick analysis merely recognizes the signals and patterns that Japanese rice traders have observed for hundreds of years, very quick visual analysis allows candlestick investors to pinpoint which trades have the highest probabilities, both bullish and bearish.

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

Good Investing,

Stephen Bigalow

The best trading strategies are those that work with a high probability of expected results but more importantly, each investor can use that strategy effectively. The candlestick charts reveal patterns and signals that have worked consistently for centuries. The candlestick forum provides training to recognize the best trading strategies. The Dow has formed a J-hook plus bouncing off the 50-day moving average. This implies more upside, which is confirmed with the NASDAQ and the S&P 500 continuing to trade above the T line. The J-hook patterns are working very effectively in these market conditions. Candlestick analysis also confirms the vital sectors, especially those being touted or commented on constantly in the media. Candlestick analysis allows an investor to recognize whether bullish sentiment is still pervasive in a price trend or whether you were the last one to the party. The artificial intelligence sector has produced big profits because stocks in that sector were recognized early with bullish candlestick signals and patterns. Learn how to utilize trading strategies that fit your trading nature. Join us Saturday, June 10, for a full day of training on recognizing which trading strategies work best but, more importantly, which work best for you.

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

Good Investing,

Stephen Bigalow

What are the best trading strategies for these market conditions?
This question has a double meaning! What are the best trading strategies for profiting in these market conditions, and what is the best for ‘YOU’? Fortunately, my 35 years of candlestick analysis reveal several high-probability trading strategies that have worked successfully. Join us Saturday, June 10, for a full-day Candlestick Training on successful trading strategies. Click here to register.

More importantly, you will be able to recognize which trading strategies work the best for your trading nature. You do not have to learn all the trading strategies provided by candlestick analysis. But you do have the opportunity to recognize trade setups during specific market conditions that you can use effectively. Although the Dow showed consolidation/profit-taking after its big move on Friday, the NASDAQ continued to trade higher but formed a Doji today. This provides an alert to watch for potential profit-taking tomorrow, which would be immediately illustrated if the premarket futures show the markets opening lower in tomorrow’s trading. However, simple candlestick scanning techniques reveal which sectors produce the most substantial bullish profit potential and which produce the strongest bearish profit potential. Artificial intelligence stocks continue showing upward bias, whereas retail stocks show strong bearish patterns. Take advantage of the information built into candlestick charts. This information allows investors to be constantly in situations that produce high probabilities of correct trades.

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

Good Investing,

Stephen Bigalow