Candlestick charts explained reveal an immense amount of information. Candlestick charts explained take the rhetoric out of investment logic. Are we in a recession? Are we going into a recession? It does not matter! What matters is the ability to make a profit based upon the market and stock price trends. The major advantage produced by candlestick charts is witnessing signals and patterns that produce high probability expected results. There will also be times when those beneficial probabilities cannot be identified. That produces a viable trading strategy. Sit in cash and be patient. Have funds available for when high probability signals reappear. You do not have to be a sophisticated technical analyst to utilize candlestick charts. You merely need to learn to recognize what human nature does time after time. Join us Saturday, October 29 for a full day training on the appropriate option trading strategies applied to specific candlestick signals and patterns. The valuable insights produced by candlestick charts allows for trading strategies that maximize your profitability. Take advantage of our two week free trial to become familiar with why candlestick analysis dramatically improves your trading abilities.
October 13th Market Wrap-Up
Candlestick chart signals allow an investor to much more accurately analyze what is occurring in trend/price movements. Candlestick charts signals produce very strong probabilities of trend reversals. Today, with the indexes opening much lower, gapping down in the oversold condition, produced an alert to start watching for a reversal signal. The Japanese rice traders have very simple philosophies as to what occurs in human nature. Where do most people sell? They panic sell at the bottom. That is what is illustrated with a gap down in the oversold area. What will the markets do from here? That becomes much better evaluated based upon confirmation of a reversal signal. Knowing what should occur after candlestick reversal signals allows the candlestick investor to move aggressively or not move at all based upon what occurs after a candlestick reversal signal. This also allows for much better entry strategies when trading options. Join us Saturday, October 29 for a full day training on applying the appropriate option strategies to the appropriate candlestick signals and patterns. This information greatly improves the probabilities of being in a profitable trade. Candlestick chart signals provide a high probability trading format for establishing trades when the probabilities can be identified in your favor.
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Good investing,
Stephen Bigalow
October 10th Market Direction
Reading candlestick charts produces a huge advantage for investors. Reading candlestick charts visually identifies high probability trade set ups. The first step is knowing with relatively good accuracy the general direction of the overall market trend. The next process is identifying the strongest candlestick signals and the patterns that may be developing based upon the information produced by the signals. The current market trend is in a bearish mode with the bearish J-hook pattern confirming. As illustrated in the NASDAQ and S&P 500, the bearish J-hook pattern is being confirmed with a bearish best friend signal, one of your strongest candlestick signals. The visual aspects of candlestick charts visually identifies high probability trade expectations. The current downtrend is being instigated by high inflation, raising the interest rates, and the administration’s energy policy that is keeping gas and heating oil prices extremely high. The lack of any policy changes is resulting in any lack of change of investor sentiment. There is great anxiety in the majority of investors. But as a candlestick investor, being able to identify when the downtrend was starting and being able to accurately assess the downtrend remaining in progress, there is no anxiety. Being in cash or in ishort positions produces a comfortable trading mode. How long will the downtrend persist? Until there is a strong candlestick bullish signal and a close above the T line. When you grab for the fallen knife? Reading candlestick charts allows for identifying when the downtrend has ended. Join us in learning the common sense logic incorporated into candlestick charts. Try our two week free trial. What do you have to lose? You will gain a lot more valuable insights into investing than you expect. Email abraham@candlestickforum.com to take advantage of the learning information in our daily chat rooms.
Market Reversal? October 6th Market Wrap-Up
Candlestick charts explained provided an immense amount of high-probability information. Candlestick charts explained reveal reoccurring signals and patterns that dramatically improve price movement analysis. The current bullish movement in the indexes have the implication of merely a bounce in a downtrend. Why? Because there is not a candlestick reversal signal, merely bullish trading. The lack of a candlestick bullish reversal signal implies much less magnitude of movement. Identifying actual reversal signals as illustrated in numerous oil stocks provides much stronger probabilities that a sustained reversal has occurred. The signals are very effective on their own. However, identifying additional confirmations as a candlestick signal is formed greatly improves the probabilities of being in a correct trade. Join us tonight at 8 PM ET as we will be illustrating how to identify the strongest reversal signals utilizing MetaStock scanning software. You will greatly improve your trading abilities when recognizing and utilizing the logic built into candlestick analysis.
Chat session tonight at 8 PM ET. Click here to register.
Good Investing,
Stephen Bigalow
October 3rd Market Direction
A strong trend indicator is one that works an extremely high percentage of the time. A strong trend indicator that works in conjunction with candlestick signals is the T line. The T line produces a very high probability factor. You do not have to take my word for it! Put the eight exponential moving average on your candlestick chart and notice how often it acts as a support level in an uptrend or a resistance level in a downtrend. You can easily back test it. The most powerful element to this strong trend indicator is the number of times prices reverse right at the T line. The reason this is relevant is that nobody has the T line on their charts. It is not like everybody is waiting to see what it does at the T line. The T line becomes extremely effective for keeping investors from being whipsawed in and out of trades. Here is one of the most powerful statements for trend analysis. If candlestick signals are the graphic depiction of investor sentiment and the T line acts as a natural support and resistance level of human nature, a Fibonacci characteristic, adding the two together produces an extremely powerful trend analysis combinations. Join us on the www.candlestickforum.com. You will see a dramatic improvement of your trading analysis.
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Good Investing,
Stephen Bigalow
September 29th Market Wrap-Up
Profitable short trades are enhanced when correctly analyzing the overall market trend. Profitable short trades are confirmed utilizing strong sell signals and trading below the T line. As illustrated in CVNA , a strong downtrend is in progress with the evidence of a bearish kicker signal. Strong sell signals, even during a downtrend, provides evidence the bears are still in strong control. Obviously, remaining in short trades has produced excessive profits during this current market downtrend. When will there be a bottom to this market? You do not have to guess at that answer when utilizing candlestick reversal signals.
Chat session tonight at 8 PM ET. Click here to register.
Good Investing,
Stephen Bigalow
September 26th Market Direction
Big profits in a downtrend is simplified using candlestick indicators. Big profits in a downtrend can also be maintained using the T line rule, keeping your emotions from taking profits to soon. As witnessed in the market indexes and numerous individual stock charts, the bearish J-hook pattern indicated high probabilities of a wave three to the downside. Knowing the magnitude of wave three, be in the same as wave one, allows the candlestick investor to remain in profitable positions overriding emotional decisions to take profits merely for the sake of taking profits. A major benefit of candlestick analysis is implementing the sage advice of cutting your losses short and letting your profits run. Candlestick charts make that process very easy to implement. The graphics of candlesticks dramatically improves your ability to keep your emotions out of your trading. The current market trend, although in the oversold condition, has not yet showing any signs of a bullish reversal. Is the oversold condition relevant? Of course, but if investor sentiment does not show any change, a market/price trend can remain oversold for many weeks or months. These are market conditions that allow for very attractive put spreads.
September 22nd Market Wrap-Up
Strong trade entries are enhanced when knowing the general direction of the markets. Strong trade entries are greatly improved by knowing what the results are of a candlestick signal or pattern. When you put all the stars in alignment, accurately analyzing the general market trend, knowing the strongest candlestick reversal signals and patterns, utilizing high probability trend indicators, you dramatically improve your profit potential. Knowing what to expect after a candlestick signal allows for much more profitable trade results. Visually being mentally prepared for when a trade is not working allows an investor to keep their emotions completely out of their trading decisions. This current market trend has been producing very profitable short trades, both stock, options, and spreads. Join us Saturday for the Ultimate Candlestick Training. The step-by-step logic for analyzing the high probability results of a trade will greatly improve your ability to constantly be in high profit trades and keeping your emotions out of your decisions.
Chat session tonight at 8 PM ET. Click here to register.
Good Investing,
Stephen Bigalow
September 19th Market Direction
Profitable trading is an easy analysis when utilizing candlestick charts. Profitable trading is visually recognizing all the elements that make for a high probability trade. The Ultimate Candlestick Training incorporates the same process as the movie Moneyball. That involved having all the correct elements for making a winning baseball team. The Ultimate Candlestick Training utilizes that same philosophy. With one visual glance, the candlestick investor can very quickly analyze all the aspects of a successful trade. The general direction of the market, the strongest candlestick signals and patterns coinciding with the market trend, high probability entry confirmation, what price level would indicate to be back out of that trade immediately, what is the potential target, and what indicators would confirm the new trend remains in progress? When you are mentally prepared, analyzing the strong trade set ups, you keep your emotions out of your trading. Join us Saturday, September 24 for the Ultimate Candlestick Trading. You will gain valuable insights that will dramatically improve your profitable trades perspectives.
Members Chat session tonight at 7pm central. Free to Members. Not a member? Click here to join
Good Investing,
Stephen Bigalow
September 15th Market Wrap-Up
There are big profits in a downtrend! The big profits in a downtrend are easily identified with candlestick bearish signals and bearish patterns. The strong bearish kicker signal after the CPI announcement is a good clear indication that very sentiment has the prospects of another major leg to the downside. Big profits in a downtrend is merely identifying the bearish patterns that are being enhanced by strong bearish candlestick signals. The candlestick investor can utilize patterns with confirmation from the T-line to produce high probability trade results. The bearish J-hook pattern instigated with the bearish kicker signal makes orienting trading toward the short side the high probability profit area. However, with trading predominately toward the short side, simple candlestick scanning techniques allow for identifying specific sectors that are showing bullish strength. Currently, the lithium battery companies are showing bullish signals as well as the electric vehicle charging station companies. Join us for a two-week free trial to take advantage of the information revealed by experienced candlestick traders in our chat room. This process greatly expedites the learning process for understanding the high probability aspects of candlestick analysis.
Chat session tonight at 8 PM ET. Click here to register.
Good Investing,
Stephen Bigalow