The power of candlestick patterns is clearly illustrated when witnessing what investor sentiment is doing at target levels everybody else is watching. The power of candlestick patterns allows an investor to take profits at the appropriate times, not having to wait for a candlestick reversal signal. This was illustrated in the market selloff after the fed announcement, they were planning to raise rates one full percentage point before summer. BLNK and SAVA are chart patterns that demonstrated how the 10-minute candlestick chart provided much more accurate assessments of when to start taking profits. The utilization of the candlestick signals and patterns at technical levels that everybody else is watching dramatically improves the profitability of a candlestick investor that knows what the results are of each candlestick signal and pattern. Gain a comprehensive perspective on how to use candlestick signals correctly by reading “High-Profit Candlestick Patterns”. This will provide not only the visual recognition of the signals and patterns, but will also provide a description of the investor sentiment that created those signals and patterns. This combination puts you in control of your investment perspectives.

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Good Trading,

Stephen Bigalow

Reading candlestick charts makes the market trend analysis much easier to evaluate. Additionally, it makes identifying the strongest candlestick signals and patterns. “High Profit Candlestick Patterns” clearly explains which signals and patterns are going to be the most relevant.

Keep in mind, patterns are identified because investor sentiment works the same way time after time. Utilize this information to your advantage. Prices do not move based upon fundamentals! Prices move based upon the perception of fundamentals. Reading candlestick charts is nothing more than recognizing what is occurring in investor sentiment. Candlestick patterns produce high probability/high-profit results. They work effectively in bullish charts as they do in bearish charts.
The Fry Pan Bottom pattern is a buildup of investor sentiment over a period of time. Learning how to read candlestick charts puts in investors in situations where the probability of being in a profitable trade is extremely high. ADGI is a good example of the frypan bottom trajectory. Additional confirmation of the pattern continuing to work is utilizing the T line. A fry pan bottom will remain in progress as long as there is not a sell signal and a close below the T line. These facets of human nature are easily recognized when knowing what candlestick patterns look like.

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The Candlestick Forum Team

A candlestick chart provides an investor with much more clarity as far as what is occurring in investor sentiment. This is very important when trying to analyze what is occurring in an oscillating/whipsawing market. The indexes were down extensively today after Facebook announced lower earnings yesterday. The candlestick chart of the NASDAQ immediately revealed a candlestick sell signal, the hanging man signal, followed by a gap down in price. This clearly indicates a major reversal in investor sentiment. The advantage for a candlestick investor is being able to analyze which chart patterns will produce the strongest price moves, either bullish or bearish, during a current trend. Join us Saturday for a full day of training on how to identify the strongest power patterns that will produce the best probabilities of not only being in the correct direction but also in the most powerful price moves.https://special.stephenbigalow.com/ppt

The NASDAQ is providing numerous bearish J-hook patterns. Witnessing the premarket futures showing the indexes opening lower tomorrow provides numerous short trades, utilizing bearish J-hook pattern confirmations. The simple visual analysis allows for being in high probability trades based upon the reoccurring patterns created by reoccurring investor sentiment.

The market trend reversal was confirmed with today’s positive trading breaking all the indexes up above the T line. Keep in mind, what reverses market trends is a change of investor sentiment, easily identified with candlestick signals. Witnessing a bullish reversal signal in the Dow on Friday required bullish confirmation today. However, it also provides an alert that if the premarket futures were going to trade positive on the open, short positions that were showing reversal signals in the oversold area should have been closed out immediately. This is the great benefit of knowing what to expect for the confirmation of reversal signals.

It also allowed for immediately entering bullish trades that were confirming reversal signals on Friday. Today’s gap up in NFLX not only confirmed a bullish reversal, but the gap up after Friday’s Doji produced the best friend signal, allowing for entering that trade immediately with good confidence the bulls were definitely in control. Join us this Saturday, February 5, for a full day of training on identifying the signal and pattern combinations that produce high probabilities of being in a correct direction trade as well as powerful trade price moves. This provides investor confidence as well as high-profit potential. Click here to register.

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The Candlestick Forum Team

The T-line is a powerful candlestick emotion-eliminating indicator. It keeps candlestick investors from getting whipsawed. Candlestick signals are the graphic illustration of what is occurring in investor sentiment during specific time frames. The T line is a very strong probability indicator, downtrends remain below the T line, uptrends remain above the T line. Combining these two factors produce an extremely accurate and powerful trading analysis tool. As illustrated in the market indexes over the past few trading days, candlestick buy signals were formed in the oversold area. This either indicated a reversal of the market trend or merely a bounce. The lack of any close above the T line indicated merely a bounce in the market trend.

Having the ability to analyze what is occurring in investor sentiment eliminates emotional trading and the dependency of listening to the talking heads on financial news stations. Candlestick signals are the actual decision-making executions made by investors versus conjecture of what will occur in the overall markets. Numerous short positions have worked extremely well in conjunction with the market indexes revealing sell signals and closing below the T line a few weeks ago. Not only do candlestick signals and patterns identify the correct direction but candlestick powers signals reveal which trends will have the greatest strength during a specific market trend. Click here to register.

The simple logic built into the Japanese rice traders’ chart analysis allows candlestick investors to maximize profits. Today, the gap down in the indexes provided an alert. The Japanese rice traders illustrate where most people sell, they panic sell at the bottom. That is the alert demonstrated by a gap down in the oversold area. The next alert was the visual analysis of the excessive distance the indexes had moved away from the T line. That combination was a strong alert to start watching for a market reversal.

The 10-minute chart becomes a valuable tool for indicating when an excess selling had come to an end. Candlestick buy signals on the 10-minute chart and a close back up above the T line revealed where bulls were starting to step in. Candlestick chart analysis is merely the graphic depiction of what is occurring in investor sentiment. You can maximize your profitability by closing out short trades at the most optimal time when taking the simple steps to analyze when investor sentiment is changing well in oversold conditions. This is what amplifies the profitability of power trades. Mark your calendars, February 5 will be a full-day candlestick training on identifying the power signal and pattern trades. You also get a lot of this repetitious learning process in our daily chat rooms. Join us for a free trial. You will gain much more insights into trading than you expect. Click here for more information

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The Candlestick Forum Team

Today’s positive trading did not indicate a reversal. This was the warning put out during our morning comments. Why? First, there needed to be a candlestick reversal signal. This meant waiting until the end of the day to see what type of investor sentiment was occurring. Second, the T line rule! As long as the indexes were still trading below the T line, it has to be assumed the downtrend remains in progress. This caution, created by the lack of any reversal signals, keeps candlestick investors from entering bullish trades too soon. Numerous stock charts indicated the potential of reversal signals and trading above the T line early in the day. But the Japanese rice traders always profess that a candlestick signal is not created until the close. Many stocks traded up above the T line with buy signals early in the day but eventually close back below the T line indicating the lack of any reversals of their downtrends.

Putting the stars in alignment is simple with candlestick analysis. Visual analysis is very effective for analyzing the trend of the overall market. Analyzing the downtrend of a market makes it very logical to be scanning for the strongest candlestick sell signals in individual stock prices. Strong sell signals and patterns dramatically improve the probabilities of trading in the correct direction. This allows investors to trade based upon probabilities, visually recognize with candlestick signals and patterns, versus the normal emotional trading of most investors. Join us each day in our chat room. You will be exposed to many experienced traders that can dramatically improve your candlestick trading ability.

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Good Investing,

Stephen Bigalow

Market analysis is greatly simplified when using candlestick signals and the T-line. The T-line rule provides a very powerful assessment of what is occurring in human nature. Individual candlestick signals tell you when a price move is about to reverse. A candlestick signal followed by a close above or below the T line is a high probability confirmation a new trend is starting. Witnessing candlestick sell signals and the market indexes closing below the T-line has allowed for a couple of weeks of very profitable short at the correct time.

However, the extremely powerful aspects of candlestick signals and patterns are revealed with witnessing bullish fry pan bottom signals producing good bullish profits even though the overall market trend has been heading lower. Candlestick patterns are the accumulation of investor sentiment. They illustrate what is occurring in specific stock moves in spite of general market conditions. Learning the candlestick signals and applying them to candlestick patterns greatly improves the probabilities of being in the correct trades at the correct time. These market conditions have allowed for good profits both in long positions and short positions.

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Good investing,

Stephen Bigalow

The visuals of candlestick analysis make trend analysis very easy to apply. As illustrated in the Dow and the NASDAQ, the positive trading of the past few trading days did not have a final bullish confirmation, a close above the T line. Especially in the NASDAQ, where after a few bullish trading days, which were not candlestick reversal signals, yesterday’s trading still could not close above the T line. That probability factor makes suspecting whether a bullish reversal has occurred much more enhanced. Additionally, the lack of a close above the T line was also suspect because stochastics were still in a downward trajectory. These simple factors allow the candlestick investor to maintain portfolio positioning without getting whipsawed out of a good trade.

It can be easily analyzed as far as the overall direction of a market trend. Logic dictates that if you can analyze a downtrend is starting or in progress, simple candlestick scanning techniques allow for identifying good short trades. But profitability can be greatly improved by identifying the power short trades. Join us this Saturday, January 15 ,for identifying the simple process, for not only being in the correct direction of a trade, but identifying the correct direction AND trades that will have the most profitability prospects. The Candlestick Frum Mini Spotlight training sessions are scheduled for one hour ( anticipate at least two hours) for revealing the strongest trades set ups. Join us, you will get much more information than you expect. Click here to register.

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Good Investing,

Stephen Bigalow

The downtrend remains in progress, even though there are potential reversal signals formed today in the indexes. However, they have to be viewed with a little bit of skepticism because of the trajectory of the stochastics and the indexes continuing to trade below the T line. A change of market direction/investor sentiment requires bullish confirmation of reversal signals and a close above the T line. Until then, short positions can continue to be held with the T line being the final criteria.

A major advantage of candlestick analysis is not only being able to analyze what the overall market direction is doing, but being able to scan for the strongest powers signals that will be most profitable during the current trend. Obviously, and a bearish market, finding sell signals utilizing simple candlestick scanning techniques allows for high probability trades. But even more so is the identification of the power sell signals. This allows for maximizing profitability during an existing market trend. Join us this Saturday, January 15 for a Candlestick Mini Spotlight training, identifying the strong powers signals. Simple visual analysis allows investors to maximize their profitability by being in a strong price move. Click here for more info

Good investing,

The Candlestick Forum Team