Swing trading becomes much more exact when using candlestick signals and patterns. The T line, as well as the other moving averages, greatly enhance swing trade setups. The current market conditions illustrate an indecisive nature. The Dow has been trading in the Wedge formation, revealing no great conviction one way or the other. The gap up in the NASDAQ and S&P 500 last week produced the alert to be prepared for a downtrend/profit-taking. Now the analysis is to watch to see what the T-line will reveal. This allows for both long and short-trade prospects. The T line produces high probability expectations when prices move sideways and eventually intersect with the T line. As illustrated in the CVNA chart, the price consolidated until it did a bullish left/right combo at the 50-day moving average support and the T line. This created a much more substantial probability the bulls were taking control. The Doji produces high probability swing trade prospects. The Doji rule, especially when witnessed at the T line, will produce a high probability trade based upon the open after the Doji. Swing trade setups are greatly enhanced when knowing what should occur after a candlestick signal or pattern. Join us for a two-week free trial. This involves participating in chat rooms during the day with traders that are experienced at identifying profitable trade setups. It also allows investors that are just learning candlestick signals and patterns to expedite their learning curve significantly, being able to ask questions in the chat room about why a trade setup is being recommended. Additionally, you can participate in the Monday night and Thursday night training sessions and special sessions on Tuesday nights. The special sessions concentrate on specific aspects for improving trade profitability, how to scan for the best trades, where the set logical stop losses, high probability entry and exit strategies, and identifying the most vital candlestick signals and patterns. Join us; you will gain many insights into the logic of candlestick analysis.

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

Good Investing,

Stephen Bigalow

When you understand candlestick psychology, you gain trading perspectives equivalent to somebody trading for 50 years. Candlestick psychology is merely common sense built into a graphic depiction. When do most people buy? They buy exuberantly at the top! When do most people sell? They panic sell at the bottom! This allows the candlestick investor to have common sense entry and exit strategies for maximizing profit potential. As illustrated in the CVNA chart today, a gap up in the overbought condition becomes an immediate alert to set profit-taking stocks at levels it should not come back down through, such as the open. If you have problems knowing when to enter a trade, exit a trade, or set your stops, everything built into a candlestick chart is pure common sense. It allows the candlestick investor to develop strategies to take profits or close out positions working on a common sense basis versus emotional trading decisions. Witnessing the NASDAQ and the S&P 500 gapping up in the overbought conditions today provided the alert to be prepared to start taking profits in individual stock charts that also gapped up in the overbought condition. Numerous stocks missed their earnings expectations today, adding to the probability the markets may be selling off after today’s gap up.

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

Good Investing,

Stephen Bigalow

Candlestick reversal signals appeared in today’s market trading. This is not unexpected with the markets in the overbought area at technical levels everybody else was watching. The Dow formed an evening star signal, one of the 12 major candlestick reversal signals. The S&P 500 began a bearish kicker-type signal. Although the NASDAQ did not form a candlestick reversal signal, one of the changes identified in our Candlestick training is when prices gapped down and close back below the open of the previous candle of an uptrend. There will be a high probability of selling continuing. This allows for quicker closings of bullish positions that are starting to show potential weakness/sell signals. This information provides the candlestick investor with immediate information and allows for better profit-taking. Everything built into candlestick charts is merely common sense put into a graphic depiction. When do you enter a trade? When do you exit a trade? This is information that is much more identified, knowing what signals and patterns investor sentiment produce time after time.

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

Good Investing,

Stephen Bigalow

Candlestick power patterns have been forming in these market conditions. Candlestick power patterns usually form in specific stocks to produce high-profit results. Market indexes. The NASDAQ and the S&P 500 have created strong J-hook patterns, a J-hook plus, and a bobble breakout, making the likelihood of the uptrend moving to identifiable resistance levels. Today the NASDAQ closed right at the 200-day moving average. This makes for easy analysis of how the market indexes open tomorrow. A positive open in the NASDAQ would reveal wave three was still in progress, not resisting at the 200-day moving average. The S&P 500 did not resist at an observable down-trending resistance level. Numerous J-hook patterns are performing well, and individual stocks. Take advantage of this information to put yourself in high probability/high profit expected pattern results. These patterns form because human nature works the same way time after time.. Join us for a free two-week trial to experience the information constantly conveyed in our chat rooms. The learning process is greatly expedited with a constant supply of good trade setups from experienced candlestick investors and with many helpful participants answering questions about why those trade setups

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

Good Investing,

Stephen Bigalow

Reading candlestick charts correctly significantly improves an investor’s profitability. Reading candlestick charts merely identifies the patterns and signals that have worked consistently. As illustrated in today’s trading, the NASDAQ confirmed a J-hook plus pattern, the S&P 500 confirmed a bobble breakout pattern, and the Dow continued to trade positive in the middle of a wedge formation. Reading candlestick charts produces a straightforward trading strategy. If the market indexes are forming candlestick patterns, numerous individual candlestick stock charts will likely be producing the same patterns. The candlestick forum teaches investors to recognize what is occurring in investor sentiment that will produce a high probability expected result. Prices do not move based on fundamentals! Prices move based on the perception of fundamentals. Candlestick signals and patterns represent what investor sentiment thinks about the current fundamental status of each stock. Once you learn the 12 major signals and the candlestick patterns, you have a much better grasp of what price movement will likely do. This alleviates listening to all the experts/talking heads on investment news stations. There is only one correct analysis! That is the market itself.

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

Good Investing,

Stephen Bigalow

Candlestick reversal signals appeared in the indexes yesterday. The NASDAQ formed a bearish left/right combo confirmed with a lower open today, closing below the 50-day moving average and the T-line. Candlestick reversal signals also formed in the S&P 500, with an evening star signal failing at the 200-day moving average and confirming today with a lower open, which closed below the 50-day moving average and the T line. A lower open tomorrow would form a Dagwood, an evening star signal followed by a bearish Doji sandwich or an evening sandwich. This makes scanning for the strong candlestick reversal signals such as the bearish best friend signal as indicated in RUN or a bearish engulfing signal followed by a gap down through the 50ma seen in AMD. Any long positions require strong bullish confirmation, continuing to trade above the T line. However, with the markets showing a more substantial bias to the downside, scanning for the strong bearish candlestick reversal signals is the logical strategy. Join us Saturday, January 21, for a full day of training on how to recognize and profitably utilize candlestick patterns. This training allows for a much more accurate assessment of the overall market trend based upon patterns and then applying that information to the most vital individual stock patterns. This process puts all the stars in alignment, greatly improving your probability of being in the correct trades at the correct time.

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

Good Investing,

Stephen Bigalow

The ultimate candlestick trend analysis incorporates both candlestick patterns and candlestick signals. The ultimate trend analysis utilizes investor sentiment showing either a strong trend reversal or a consistent investor sentiment buildup. Today, the Dow sold off hard, the likely result of Goldman Sachs missing the earnings. But the NASDAQ closed higher. There is a simple logic analysis. If one index is trading lower while another is trading higher, that merely indicates a shift of funds from sector to sector, not a major change in investor sentiment. The fry pan bottom pattern in the market indexes also makes fry pan bottom breakouts in individual stocks’ high-profit trade setups. Join us Saturday, January 21, for a full day of training on how to utilize the combination of candlestick patterns in analyzing the overall market trends and individual stocks that produce the highest profitability when demonstrating a pattern breakout in the same direction as the market.

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

Good Investing,

Stephen Bigalow

Strong candlestick patterns allow an investor to improve their trading strategies’ probabilities dramatically. Strong candlestick patterns incorporated into market trend analysis allow for taking advantage of executing trades with strong candlestick signals that will continue because of the expectation of a bullish market trend coming out of a fry pan bottom. EXAS and AGL are good examples of kicker signals continuing to perform because of the lack of any bearish sentiment in the markets. Numerous Fry Pan Bottoms in individual stocks produce Fry Pan bottom breakout profits. Learning how to simulate the logical knowledge built into candlestick patterns that allow you to improve your probabilities of profitable trades. The fry pan bottom’s in the market indexes imply more upside.

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

Good Investing,

Stephen Bigalow

Market trend analysis is greatly enhanced by knowing what each candlestick signal is revealing. Today’s market trend analysis would be considered bullish by most investors because the indexes traded higher,  But the candlestick investor has the graphics that indicate the bears are still in control when closing the indexes back below where they opened. Add that to the fact that Friday’s bullish trading was not a candlestick reversal signal; There should remain skepticism that the bullish uptrend is ready to start. Saturday, we will be doing a mini spotlight training on accurately evaluating when there has been a market reversal. This will include 1/2 a dozen confirming indicators that enhance the probabilities that a trend reversal has occurred. Candlestick signals reveal very strong changes of investor sentiment, as illustrated in the best friend signal and the kicker signal. They have very high probabilities producing profitable trades. The candlestick forum is in the process of doing statistical studies of what those probabilities actually are and how trades should perform to improve the probabilities based upon how they open after a candlestick reversal signal. If you are a day trader, swing trader, or options trader, you will gain some very valuable information from the statistics. Join us at the Candlestick Forum, even for a two-week free trial. You will see the value of candlestick charts.

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

Good Investing,

Stephen Bigalow

Scans for the best trades using candlestick analysis have two significant benefits. First, scans for the best trades allow you to identify stock positions that are getting excessive bullish or bearish activity. Additionally, scans for the best trades also identify which sectors are gaining investor attention. This is a straightforward analysis. Currently, the market trend is revealing a lack of bullish or bearish sentiment. However, this does not diminish a candlestick trader’s trading prospects. There are 9500 trading entities. Each afternoon, the best trade setups can be identified relatively quickly in a matter of minutes using candlestick scanning techniques. Although there may not be as many trade opportunities, there will usually be more opportunities than most investors need. Join us tonight for our free candlestick forum chat session illustrating how to identify the best trade setups. Breakouts, either bullish or bearish, provide an immense amount of information regarding what is occurring in investor sentiment. This is what puts the probabilities dramatically in your favor.

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

Good Investing,

Stephen Bigalow