Profitable candlestick patterns are based upon one simple factor – human nature. The reason profitable candlestick patterns are identified is because they produce high probability consistent results. With the current market trend remaining relatively indecisive, having both long and short positions in place is a viable strategy. But when the market in general is trading indecisively, the candlestick investor has a great advantage by knowing which candlestick patterns will have greater expectations of producing profits. The J-hook pattern, whether bullish or bearish, allows for an investor to anticipate the next strong price move. Identifying the strong candlestick patterns is enhanced by utilizing individual candlestick signals in the development of that pattern. If you know and understand the investor sentiment built into the 12 major candlestick signals, your analytical ability is greatly improved. The Candlestick Forum chat room has a good number of experienced candlestick traders that provide strong trade set ups as well as providing the learning information that helps new candlestick investors understand why those trades are strong trades. Join us, you will get much more information than you expect.
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Good Investing,
Stephen Bigalow
