Knowing the psychology of the candlestick patterns is a very powerful element of investors’ trading platforms. The psychology of a candlestick pattern is that information that reveals why that pattern was formed. Investor sentiment is what moves prices! Candlestick signals and patterns are what produce the visual indications that a trend is reversing. Add high probability trend indicators such as the T line, you gain a very powerful combination. The market downtrend remains confirmed by no closes above the T line in the indexes. This greatly reduces the emotional whipsaws that might take an investor out of a good existing trade. Join us Saturday and Sunday, March 26 and 27th, for full two-day training on candlestick analysis. The information built into this training will dramatically change an investor’s perspective of what moves prices. The most consistent indicator for the past few centuries of trend analysis is human nature.
Horseradish marketing – H.J. Heinz built a successful business by putting his high-quality horseradish in clear bottles so customers could see it was not filled with sawdust. He also allowed potential customers to taste it. This is what we would like to do with candlestick analysis. If you are not a member of the candlestick forum, join us for a two-week free trial. This allows you to attend the chat rooms that are open all day, as well as receive suggested stock picks each evening, attend the Monday night and Thursday night training as well as the special members training in the evenings. Try it! This is good quality stuff.
Numerous down-trending stocks continue to produce good short trade profits. This is based upon a combination of sell signals and closes below the T line, now followed up with bearish candlestick patterns. You can learn to identify the high probability trade directions using common sense candlestick signals and pattern combinations. This is called comfort trading, knowing the probabilities are in your favor when all the confirming indicators remain in your direction.
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Good Investing,
Stephen Bigalow
