There is always questions about the difference between candlestick analysis and price action trading. The answer is simple! Candlestick analysis is the ultimate price action trading strategy. Candlestick signals and patterns are the identification of price action. The candlestick signals are based upon human nature producing price actions that show a change of investor sentiment. Candlestick analysis enhances the ability to see a change of investor sentiment occurring and utilizing other indicators that would add credence to why and where a trend reversal was likely happening. A candlestick buy signal at technical levels everybody else is watching, such as moving averages, trend lines, Bollinger bands, Fibonacci numbers etc., improves the probabilities that a reversal is occurring. Adding the T line to the chart analysis dramatically improves the probabilities of a trend reversal and a trend continuation based upon the premise that the T line acts like a natural support and resistance level of human nature. The market indexes are currently illustrating indecision, based upon the nature of candlestick signals i.e. hanging man, shooting stars, Doji’s, spinning tops. When this type of price action occurs in the overbought or oversold condition, the Japanese rice traders have observed that this is usually where a change of investor sentiment is occurring. Candlestick analysis is the ultimate price action trading strategy. It defines what is occurring in investor sentiment based upon what prices are doing.

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Good Investing,

Stephen Bigalow

The T-line is an effective trend indicator. It acts like a natural support and resistance level of human nature. It is an effective trend indicator because it’s got Fibonacci characteristics. Candlestick signals are the graphic depiction of investor sentiment. The T line is a natural support and resistance level of human nature. When you combine these two elements, you have an extremely effective trend indicator combination. As illustrated in the Dow over the past few trading days, candlestick sell signals performing in the overbought condition. This implied a strong probability of the Dow returning to the T-line area. The NASDAQ had moved excessively away from the T line. The T line has a truism, the further away you move from the T line, the higher the probability is going to come back and test it. Today the indexes opened lower but use the T line as a support. The close above the T line produces a high probability the uptrend is still in progress until there is a close back below the T line. This consolidation stage of the market allows candlestick investors to identify strong bullish chart patterns as well as strong bearish chart patterns. Simple candlestick scanning techniques allow the candlestick investor to potentially make good profits by having both long and short positions on when the markets are in an indecisive stage. Join us Saturday, November 19 for a full day training on how the T line greatly improves your visual ability to analyze when it is time to buy, when it is time to sell, and when to maintain a trending position.

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

Good investing,

Stephen Bigalow

Today’s market candlestick signals revealed a potential reversal in the indexes. The Dow produced a hanging man signal followed by a small shooting star candlestick signal today. This produces a much more accurate trend analysis. A lower open tomorrow would indicate a pullback at least to test the T-line. The NASDAQ formed a bearish Doji/Harami. This also provides a good trend analysis indicator. A lower open would suggest a pullback to the 50 day moving average/T-line level.

Having this visual knowledge allows the candlestick investor to move quickly and closing out long positions that are starting to show reversal signal confirmations. However, there still remains very strong bullish signals and patterns. The kicker candlestick signal continues to produce good profits even when the overall market starts getting bearish. As illustrated in the MRNA chart, the kicker signal started the uptrend. Maintaining the position is simple, as long as it does not close below the T line. Using the T line as a trend indicator in conjunction with candlestick signals greatly reduces emotional decisions. You gain a much better analytical perspective of price moves when using candlestick signals/patterns in conjunction with the T line. Join us Saturday, November 19 for a full day training on visually recognizing the high probability trades set ups using the T line as your major confirming indicator. This training should give you a new perspective on effective trading strategies. Click here for more information.

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Good Investing,

Stephen Bigalow

The strongest candlestick signal is the kicker signal. The strongest candlestick signal is clearly identified by a gap up in price, above the previous day’s open and then continuing to trade further in that direction. All the indexes exhibited bullish kicker signals today. This was the result of inflation indicators modifying. Knowing how a kicker signal is formed, gapping up above the previous day’s open, immediately alerts for the covering of short positions. Simple candlestick logic indicates if a stock price is in a downtrend and the next day they opened and at or above the previous day’s open, there has been a dramatic change in investor sentiment. This not only activates closing out short positions but also instigates going long. As illustrated in today’s trading, lower-than-expected inflation numbers provided strong bullish sentiment. Does this mean inflation is disappearing? As an investor, that does not matter! What matters is the decisions everybody else is making as far as buying or selling positions. Although the kicker signal demonstrates a very strong bullish sentiment, expect some profit-taking to occur early on Friday after the big percent move the markets created today. An additional bullish confirmation is the T line. Join us Saturday, November 19 for a full day training on how the T line, acting as a natural support and resistance level of human nature, dramatically improves the probabilities of being in correct trades based upon the information built into candlestick signals.

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

Good investing,

Stephen Bigalow

The power of candlestick patterns demonstrate the nature of a price move. The power of candlestick patterns is currently illustrating the nature of the current market conditions. There are strong bullish charts as well as strong bearish charts. The Dow is producing a bobble breakout, a strong bullish candlestick pattern. That by itself demonstrates the probability of a strong market trend. Although the NASDAQ is trading below the T line, it is currently producing a bullish move. The S&P 500 closed above the T-line and the 50-day moving average. Bullish trading in the indexes would confirm the bullish setups of today. What sectors will act the strongest based on Republican control of the house and the Senate? This question was asked in our chat room today. Candlestick analysis makes that answer very simple. We may not have the insights to predict which sectors to be ready to buy, but the results of candlestick charts after the election will clearly indicate what the results of the election has produced as the sectors that are going to benefit the best. We do not have to analyze what to be ready for before the election. Candlestick charts will reveal what the big money has analyzed as being the best sectors. The power of candlestick patterns make it very evident of where money is moving to.

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

Good Investing,

Stephen Bigalow

The best candlestick sell signals are enhanced when knowing the direction of the overall market. The best candlestick sell signals produce the strongest price moves in the existing market direction. As illustrated in the Dow and NASDAQ, candlestick sell signals are witnessed at obvious technical levels. The Dow has produced the same sell signals at the 200-day moving average as it did in mid-August. AMZN produced a very strong sell signal, the bearish flutter kicker signal. The bearish sentiment in AMZN is now enhanced with the overall market trend heading lower. When AMZN, AAPL TSLA, and NFLX, the biggies everybody is trading, all are heading lower, which becomes an additional indicator that bearish sentiment is controlling the market. The most relevant indicator is the T line, the natural support and resistance level of human nature. When you learn candlestick signals and apply that information in conjunction with the T line, the natural support and resistance level of human nature, you have an extremely powerful trading platform. Join us Saturday, November 5 for a Mini spotlight training on how the T line will greatly improve your trading abilities. You will learn more information than you anticipate.
https://www.stephenbigalow.com/the-tline

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

Good investing,

Stephen Bigalow

The best candlestick chart patterns produce some very powerful profits. The best candlestick chart patterns are created by strong reoccurring results of human nature. These patterns are easily recognized; you don’t have to be a sophisticated technical analyst to utilize candlestick charts. Investor sentiment works the same way time after time. We now have the benefit of the Japanese rice traders’ 400 years of analysis and application of profitable candlestick signals and patterns. The best candlestick patterns have two fold benefits. They produce high probability trade direction and stronger price movement than merely up-trending or down-trending stock prices. Additionally, it allows for the identification of strong sector reversals. The J-hook pattern and bobble breakout pattern, identified in a number of stock positions in a specific sector, such as NKLA, FSR, LCID, and RIVN, provides a good indication electric vehicle stocks are being bought. Combining candlestick signals with a candlestick pattern developing produces strong probabilities the pattern is going to produce good profits. This coming Thursday we will be concentrating on the high-profit setups from the strongest individual candlestick signal, the kicker signal.

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

Good Investing,

Stephen Bigalow

The candlestick reversal signals confirmed today. The candlestick reversal signals confirmed not only with the indexes trading lower, but big traders such as AMZN showing a strong sell signal, a bearish flutter kicker signal. Common sense illustrates high probability trade expectations when you can identify reversal signals setting up in the market indexes and identifying reversal signal set ups in individual stocks. The bearish flutter kicker signal set up was identified in the NASDAQ yesterday when it opened and closed at the previous day’s open. This provided the anticipation for a bearish flutter kicker signal. Today’s lower open in the NASDAQ and AMZN produce the high probability expectation of a bearish flutter kicker signal. Knowing what the probabilities are based upon candlestick signal set up expectations allows for being in profitable trades at the exact correct time. Candlestick reversal signals set ups greatly improve profitable entry strategies, especially for option traders. Join us this Saturday for a full day training on how to apply the appropriate option strategy with the corresponding candlestick signal or pattern. You will gain much more information than you expect.

Chat session tonight at 7pm central. Click here to register.

Good Investing,

Stephen Bigalow

Candlestick chart pattern breakouts are occurring when the market trend is consistent in one direction. Candlestick chart pattern breakouts are being identified in the fry-pan bottom breakouts in the J-hook pattern breakouts. Big profits have been made from the J-hook pattern in a number of energy stock prices. An additional bullish confirmation is recognizing the same pattern exhibited in numerous stocks in a specific sector. This illustrates the sector is being bought across-the-board. XOM, COP, EOG, NOV, APA, OXY, and many more were exhibiting strong J-hook patterns. Currently, J-hook patterns are being identified in the steel stocks and mining stocks. The advantage of being in candlestick pattern breakouts is twofold. First, there is a high probability of the price move moving in the expected direction and secondly, the magnitude of the price move will be much greater than a mere up trending stock during an up trending market. Take advantage of this information by knowing which simple option strategies produce the highest profit potential. Join us this Saturday, October 29 for a full day training on applying the best option trade strategies to the appropriate candlestick patterns.

Candlestick analysis produces huge visual analytical advantages. Candlestick analysis produces a much more refined evaluation of investor sentiment. Today’s trading showed indecision in the indexes in the overbought condition. The NASDAQ actually closed back below the T line suggesting the downtrend remains in progress. There are approximately six trend indicators that identify the overall trend of the markets. Join us tonight for our Thursday night candlestick training session. We will be demonstrating the indicators that produce much more accurate trend analysis.
https://l5d61wbi.pages.infusionsoft.net/
Candlestick analysis dramatically improves your trading ability. This allows for the maximization of profits. Knowing the direction of a price move with a high degree of accuracy allows for the appropriate option strategies for maximizing profitability. Join us Saturday, October 29 for a full day training on applying the correct option strategy with the appropriate candlestick signals and patterns. You will gain valuable insights and learn how to apply simple option strategies to maximize your profits.