June 23rd Market Wrap-Up

Strong candlestick patterns can be enhanced when utilizing confirming indicators. The strong candlestick patterns that are occurring in this market consolidation are the J-hook patterns and the scoop patterns. The expected results of these patterns not only produce high probabilities of moving in the correct direction but also producing strong profit moves. The NASDAQ, after demonstrating candlestick reversal signals over the past few trading days has also produced bullish confirmation by closing above the T line today. Although the Dow and the S&P 500 are trading positive, they need more bullish sentiment to close them above the T line. The visual aspects of candlestick analysis make analyzing the market trend as well as confirming stock patterns much more clear as far as expected results. The confirmation of specific candlestick pattern set ups allow for much more accurate daytrading/swing trading entry strategies. Join us this Saturday, June 25 for a full day training on recognizing high probability daytrade set ups as well as utilizing the intraday charts to maximize the profits of a daytrade. Join us, you will gain insights that will dramatically improve your analysis of consistent patterns human nature produces.

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

Good Investing,

Stephen Bigalow

 

Share

June 21st Market Direction

High probability trades are easily identified using candlestick signal results. A common question is when you have so many good bullish reversal signals on any given day, how do you pick the best trades. High probability trades are based upon candlestick signal and pattern expectations. The inverted hammer signal provides a 95% or greater probability an uptrend is in progress if it opens positive and trades positive after the inverted hammer signal. Pattern breakouts also provides two major benefits. First, a high probability of the direction of the next move and secondly, a strong move is expected. This allows the candlestick investor to constantly cultivate their portfolio positions to be in the best possible/most profitable trade set ups. This process allows the candlestick investor to constantly improve the probabilities of profitable trades. Join us Saturday, June 25 for a full day training on daytrading set ups that produce good expected results. This is not only good for daytrading but also for fine-tuning swing trading entries. Join us, you will get a lot more information than you expect

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

Good Investing,

Stephen Bigalow

Share

June 16th Market Wrap up

High probability signals produce very accurate trend analysis. High probability signals such as the double Doji and the bearish kicker signal were demonstrated in the Dow and the NASDAQ, indicating the downtrend remains in progress. It is not unusual to see strong whipsaw action during Fed announcements. However, witnessing the gap down from yesterday’s trading the next day merely indicates the knee-jerk reaction of yesterday’s trading was then followed by the reality that raising interest rates didn’t magically change the overall scenario of economic conditions. Further bearish confirmation was the fact that all the market indexes around the world were selling off. The candlestick investor can trade with much more confidence knowing that bearish candlestick signals is confirming the obvious downtrend. There are numerous candlestick signals and patterns that produce very high probability trade results. Knowing these trade set ups allows for very profitable/high probability daytrade set ups. Join us Saturday, June 25 for a full day daytrading training that visually recognizes when a high probability trade is about to occur. You will get much more information than you anticipate.

 

Share

June 13th Market Direction

The strongest bearish trades are easily identified with candlestick analysis. The strongest bearish trades become highly profitable when able to accurately evaluate the overall market direction and then identify the strongest bearish candlestick signals in individual stock charts. Bearish Best Friend signals and bearish Kicker signals can produce very profitable short positions as well as put trades and put spreads. The simple candlestick scanning techniques allow investors to identify which stocks are being sold with the greatest bearish force. Simple visual analysis improves the prospects of a bearish trade when the signals occur at major resistance levels. Knowing the expectations of candlestick signals and patterns also produce a self-induced indicator. If you wake up in the morning and feel anxious about your portfolio/trade positions, it means you are probably positioned incorrectly based on what the candlestick market trend indicators represent. If you wake up in the morning and you feel very comfortable with your existing positions, you have utilized the information in the candlestick charts, dramatically reducing the emotional expectations of what you hope would be occurring. The Japanese rice traders have a very simple analysis. Let the market tell you what the market is doing! That will consistently put you in the correct trades with a high probability.

Share

June 9th Market Wrap-Up

Candlestick power trades are easy to identify. Candlestick power trades merely put all the stars in alignment. The first assessment is the direction of the market. After two weeks of indecisive trading, the indexes showed what the decision was after the indecisive trading. Today the indexes traded lower, closing below the sideways channel and below the T line. This produces much stronger probabilities that wave three to the downside is in progress. However, the CPI report tomorrow is going to probably affect the market trend one way or the other. Currently, there are a number of bearish charts that are not merely showing a downtrend, but candlestick signals show which downtrends will have the most power. Knowing what each individual candlestick signal illustrates allows the candlestick investor to take advantage of the power trades that are correlating with the overall market. This allows for accurate and profitable stock trades as well as ultimate timing for option strategies.

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

Good Investing,

Stephen Bigalow.

Share

June 6th Market Direction

Profitable candlestick patterns have a dual benefit. Profitable candlestick patterns are easily visually recognized and they produce a high probability of expected results. This is to the fact that investor sentiment works the same way time after time. The strongest individual candlestick signal is the kicker signal, revealing a dramatic change of investor sentiment. Profitable candlestick patterns, such as the fry pan bottom, or more compelling, the classic pattern, a fry pan bottom followed by a J-hook pattern, produce high probabilities of the expected price move as well as a substantial profit result. Analyzing candlestick charts allow investors to assess a price move with a much higher degree of accuracy because of the reoccurring nature of investor sentiment. Currently, the lack of direction of the overall market provides a specific trading strategy for candlestick investors. Both long and short positions should be established in the portfolio until the market shows a definite trend movement. The direction of the trend is much more easily assessed when using the graphics of candlestick signals. Today, the Dow failed at a resistance level and pulled back into the sideways trading range. A close back below the T-line in the major indexes would indicate a wave three to the downside.

Share

High Profit Trades June 2nd Market Wrap-Up

High-profit trades are easily identified using candlestick signals. High-profit trades are the result of identifying when there has been a dramatic change in investor sentiment. The kicker signal and the best friend signal demonstrate powerful sentiment coming into a price move. The major benefit of candlestick signals and patterns is the expected results coming out of these trade setups.

Most investors are afraid to chase a price move. Knowing what the results are from strong candlestick signals allows an investor to move into a trade with confidence that more price movement in that direction is expected. This produces a very comfortable trading platform. Utilizing candlestick signals and patterns create trade setups that have a high probability of expected results. Learn how to use the probability factors of candlestick analysis and you do not have to depend on anybody’s opinion or projections. You gain control of your own investment decision-making.

 

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

Good Investing,

Stephen Bigalow.

Share

May 31st Market Direction

Candlestick trade setups become much more effective when knowing what the overall market trend is doing. Candlestick trade setups are based upon what occurs in human nature time after time. Learning the strong candlestick signals and patterns allows an investor to participate in the high probability trades. The uptrend in the market indexes remains in progress but with the expectation of potential profit-taking back to the T line. This knowledge allows an investor to enter trades or hold off from entering trades based on how the indexes open tomorrow. It’s this evaluation that allows for entering high-profit trades at the appropriate times. Identifying the strong pattern breakouts allows for entering trades that will likely have strong price movements. You do not have to be a sophisticated technical analyst to utilize candlestick patterns successfully.

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

Good Investing,

Stephen Bigalow

Share

Market trend Analysis May 26th Market Wrap-Up

Market trend analysis becomes much more accurate using candlestick indicators. Market trend analysis is based upon what is occurring in investor sentiment. Candlestick analysis is the graphic depiction of investor sentiment. The market indexes have been in a downtrend with bullish signal bounces along the way. However, simple candlestick indicators allow an investor to see whether that reversal is being confirmed or if the downtrend remains in progress. This week, the Dow has produced candlestick reversal signals and confirmed indications the bulls have taken control. This is a combination of candlestick signals with price confirming above the T line and witnessing the 3T-line now trading up above the T line. Knowing the little nuances that make for accurate market trend analysis allows an investor to participate in individual stock trades that have high profit/high probability results. The lithium mining companies are producing good consistent uptrends, even though the market is just recently reversed. Also, there are high probability breakout/daytrade set ups that are greatly enhanced when knowing the direction of the overall market. Join us tonight for our Thursday night session identifying the high probability day trades.

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

Good Investing,

Stephen Bigalow

Share

May 23rd Market Direction

The market trend is in a transition stage. Today’s positive trading in the indexes provided the possibility of a market trend reversal. However, the full confirmation of a change of investor sentiment requires witnessing candlestick reversal signals in the indexes and a close above the T line. As illustrated, potential reversals have occurred over the past few weeks with candlestick buy signals and closes above the T line, but they did not confirm the signal the next day, closing the indexes back below the T line. This is very important for analyzing what is occurring in investor sentiment. These market conditions allow for analyzing individual chart patterns to recognize which down trending stocks remain in progress and which stocks have produced bullish confirmation. This is what puts the probabilities greatly in the candlestick investors favor.

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

Good Investing,

Stephen Bigalow

Share