High probability candlestick trades are easily identified when adding a number of confirming indicators to the visual analysis. High probabilities of candlestick trades are produced when identifying the confirmation of the candlestick signals and patterns. A strong confirmation is witnessing signals and patterns followed by gaps in the confirming direction. Good profit short positions are in progress based upon dumpling tops that were confirmed with gap downs in prices. Candlestick reversal signals, such as the bearish engulfing signal, and a close below the T line is producing good short trades. Putting all the stars in alignment is nothing more than correctly analyzing the overall direction of the markets and then analyzing which stock positions are producing the strongest signals are patterns in conjunction with the overall market direction. The current downtrend has been producing good strong profits in short trades. Everything built into a candlestick chart is merely common sense analysis put into a graphic depiction. Options trading is a good way to maximize profitability. Join us on April 23 for a full-day training on learning the appropriate option strategy to be applied to specific candlestick signals and patterns.
Chat session tonight at 8 PM ET, revealing the benefits of option spreads. Click here to register.
Good Investing,
Stephen Bigalow
