Candlestick chart signals allow an investor to much more accurately analyze what is occurring in trend/price movements. Candlestick charts signals produce very strong probabilities of trend reversals. Today, with the indexes opening much lower, gapping down in the oversold condition, produced an alert to start watching for a reversal signal. The Japanese rice traders have very simple philosophies as to what occurs in human nature. Where do most people sell? They panic sell at the bottom. That is what is illustrated with a gap down in the oversold area. What will the markets do from here? That becomes much better evaluated based upon confirmation of a reversal signal. Knowing what should occur after candlestick reversal signals allows the candlestick investor to move aggressively or not move at all based upon what occurs after a candlestick reversal signal. This also allows for much better entry strategies when trading options. Join us Saturday, October 29 for a full day training on applying the appropriate option strategies to the appropriate candlestick signals and patterns. This information greatly improves the probabilities of being in a profitable trade. Candlestick chart signals provide a high probability trading format for establishing trades when the probabilities can be identified in your favor.
Chat session tonight at 8 PM ET. Click here to register.
Good investing,
Stephen Bigalow
