Analyzing the market trend is relatively easy after the reversal has been identified. As long as the trend remains above the T line, the uptrend remains in progress. Now the biggest factor is identifying which trades will produce the greatest profits during the uptrend. All boats will rise in a rising tide. We are looking for the boats that are going to rise a lot faster. There are approximately 18 combination of candlestick signals and patterns that produce high probability/high profit results. Once you learn the characteristics of a strong Top Ranked candlestick signal or pattern, you gain a huge advantage for consistently putting high profit trades in your portfolio.
Simple logic – The best friend signal is an extremely high-profit trade setup. It is a Doji, illustrating indecision, followed by a gap up in price which definitely reveals what investor sentiment is doing after the indecision. This was illustrated in our recent recommendations on BEKE and CANO. Prices do not move based upon fundamentals! Prices move based upon the perception of fundamentals. This is exactly what the graphics of candlesticks analysis provides, a clear indication of what is occurring in investor sentiment. Join us this Saturday for a full day of training. You will learn to identify the strongest signals and learn how to utilize simple options strategies to maximize your profitability of that trade. But the most important aspect of this training is orienting your mental perspective on how to trade effectively knowing what human nature normally produces. Click here for more information.
Chat session tonight at 8 PM ET. Click here to register
Good investing,
The Candlestick Forum team
