Candlestick Trading Forum. Candlestick Patterns Trading Strategies Review
Candlestick Trading Forum provide an immense amount of information. They graphically depict what is occurring in investor sentiment. This alone provides a huge advantage for the investor. Having the ability to identify reversals in price trends, utilizing statistically proven and utilized signals, allows an Candlestick Trading Forum Member to develop high profit trading strategies. The psychological elements of candlestick signals not only reveal trend reversals, but they provide the insights for understanding why that reversal is occurring. This becomes a very powerful investment tool.
Candlestick Trading Forum by Stephen Bigalow will dramatically improve your investment perceptions. Candlestick Trading Forum uses hundreds of years of proven, tested and profitably successful Japanese Candlestick signals incorporate powerful ramifications. You will learn how to identify the profitable signals fast and easily. More importantly, you will learn the psychology of the investment community that formed those signals. You will be amazed at how your investment perceptions improve when you know why a reversal has occurred.
Your profits will soar. Candlestick Trading analysis eliminates emotional reactions. Human emotion weaknesses that lose investors money are converted into profitable advantages for the Candlestick investor. No more wondering and hoping that your positions will make a profit. Candlestick analysis puts you in total control of your investment results. It identifies panic selling and exuberant buying, allowing you to extract huge profits from the markets. Learn to invest like the seasoned investor. Whether a beginning investor or a professional trader, Candlesticks will improve your returns immensely.
High Profit Candlestick Trading Patterns takes candlestick investing to the next level. Applying the knowledge, that is exhibited in candlestick formations, to well known price patterns dramatically enhances analytical capabilities. Being able to identify a potential pattern formation, and understanding what candlestick signals are revealing, creates a format for establishing positions at the most opportune times. This book illustrates how to use the combination of investment patterns and candlestic signals to provide strong and consistent profits.
The graphic illustrations in Bigalow Candlestick Trading Forum are simple common sense revelations. Utilizing candlestick signals in conjunction with Western technical patterns produces two strong investment elements. First, it allows for the recognition of the optimal times for entering a trade. Second, the candlestick signals reveal immediately when the trend pattern is not performing correctly, allowing for quick exits.
You will receive at Candlestick Forum Bigalow a whole new perspective for profitably investing in the markets. You do not have to learn formulas nor develop investing “feels”. The combination of candlestick signals, with easy-to-identify trading patterns, will vastly expand your investment confidence. The self-mastery of profitable investing is greatly simplified with quick visual evaluations.
Successful investment techniques are the natural result of the information conveyed in high profit candlestick patterns. Stop loss procedures become easy to execute, eliminating emotions. Money management techniques incorporated puts your mind at ease. Simple analytical processes disseminate true investor sentiment from the publicized rhetoric. The comprehensive information found in this book will forever give you a clear advantage in the investment arena. You'll receive the benefits of nearly 2 decades of valuable investment insights. Use this to your advantage. When it comes to your investment dollars, this book helps to put all the probabilities in your favor.
The Major Signals - Indepth details on how and when to use the major candlestick signals effectively. What you learned in "Profitable Candlestick Trading" about the major signals explained in greater detail. Moving Averages - Utilizing candlestick signals in conjunction with moving averages becomes a powerful trading platform. Learn how to use the information conveyed at these major levels to dramatically improve trading results. Hight Profits Using Gaps - Candlestick signals followed by Gaps reveal a tremendous amount of information. Utilizing gaps produces very high profit investment situations. Learn the psychology behind candlestick signals and gaps. Big gains become easy to extract from the markets using gaps. Technical Patterns - Candlestick signals Stephen Bigalow enhance the analytical capabilities of investors when applied to other technical methods. The immense amount of information conveyed in a candlestick formation greatly improves an investor's ability to analyze patterns. High Profit Patterns - Refine the ability to eliminate bad trade situations and improve the correct trade ratio. Learn to recognize trading patterns. Options - Insights from Bill Johnson, author of numerous option trading books, providing option trading strategies utilizing candlestick signals. Profitable Trading Insights - The highly acclaimed Tina Logan, well known for her technical analytical abilities, reveals her insights on combining Western technical analysis with Candlestick Forum Membership Live Trading Room. Entry and Exit Strategies - Easy to use format with simple techniques for entering and exiting trades, dramatically reducing the emotional decision making mistakes. Stop Loss - Candlestick Forum signals provide effective stop loss programs. The commonsense rationale that is built into candlestick signals can be used effectively for cutting your losses short. Rules - Learn the nuances that make candlestick signals work with the probabilities highly in the investors favor. Simple rules, applied to general investing and candlestick analysis, are revealed.
Candlestick Charting - Long Day - Candlestick Patterns Trading Forum.
For candlestick charting, a long day represents a large price move from open to close and “long” represents the length of the candle body and is not related to the length of the actual trade. What qualifies a candle body to be considered long? That is a question that has to be answered relative to the chart being analyzed...
Candlestick Forum Products and Services
Japanese Candlesticks and Candlestick Trading Made Easy... Finally! Learn to trade the stock market quick and easy with japanese candlestick signals. The Candlestick Forum offers free "How To" articles, training aides, and downloadable e-books and videos produced by Stephen W. Bigalow, author of "Profitable Candlestick Trading" and "High Profit Candlestick
Profitable Candlestick Trading
This book written by Stephen W. Bigalow will dramatically improve your investment perceptions. Hundreds of years of proven, tested and profitably successful Japanese Candlestick signals incorporate powerful ramifications. You will learn how to identify the profitable signals fast and easily. More importantly, you will learn the psychology of the investment community that formed those signals. You will be amazed at how your investment perceptions improve when you know why a reversal has occurred.
Your profits will soar. Candlestick Trading analysis eliminates emotional reactions. Human emotion weaknesses that lose investors money are converted into profitable advantages for the Candlestick investor. No more wondering and hoping that your positions will make a profit. Candlestick analysis puts you in total control of your investment results. It identifies panic selling and exuberant buying, allowing you to extract huge profits from the markets.
Learn to invest like the seasoned investor. Whether a beginning investor or a professional trader, Candlesticks will improve your returns immensely.
There are many candlestick trading patterns forums but only a few are actually worth knowing. Here are 10 candlestick patterns worth looking for. Remember that these patterns are only useful when you understand what is happening in each pattern.
They must be combined with other forms of technical analysis to really be useful. For example, when you see one of these patterns on the daily chart, move down to the hourly chart. Does the hourly chart agree with your expectations on the daily chart? If so, then the odds of a reversal increase.
The following patterns are divided into two parts: Bullish patterns and bearish patterns. These are reversal patterns that show up after a pullback (bullish patterns) or a rally (bearish patterns).
This is my all time favorite candlestick trading forum. This pattern consists of two candles. The first day is a narrow range candle that closes down for the day. The sellers are still in control of the stock but because it is a narrow range candle and volatility is low, the sellers are not very aggressive. The second day is a wide range candle that "engulfs" the body of the first candle and closes near the top of the range. The buyers have overwhelmed the sellers (demand is greater than supply). Buyers are ready to take control of this stock!
As discussed on the previous page, the stock opened, then at some point the sellers took control of the stock and pushed it lower. By the end of the day, the buyers won and had enough strength to close the stock at the top of the range. Hammers can develop after a cluster of stop loss orders are hit. That's when professional traders come in to grab shares at a lower price.
When you see this Candlestick Forum Bigalow Review the first thing that comes to mind is that the momentum preceding it has stopped. On the first day you see a wide range candle that closes near the bottom of the range. The sellers are still in control of this stock. Then on the second day, there is only a narrow range candle that closes up for the day. Note: Do not confuse this pattern with the engulfing pattern. The candles are opposite!
This is also a two-candle reversal pattern where on the first day you see a wide range candle that closes near the bottom of the range. The Forum sellers are in control. On the second day you see a wide range candle that has to close at least halfway into the prior candle. Those that shorted the stock on first day are now sitting at a loss on the rally that happens on the second day. This can set up a powerful reversal.
The doji is probably the most popular candlestick pattern. The Bigalow forum stock opens up and goes nowhere throughout the day and closes right at or near the opening price. Quite simply, it represents indecision and causes traders to question the current trend. This can often trigger reversals in the opposite direction. Learn more about how to trade a doji candlestick pattern at candlestick trading forum.
You'll notice that all of these bearish patterns are the opposite of the bullish patterns. These patterns come after a rally and signify a possible reversal just like the bullish patterns.
Ok, now it's your turn! I'll let you figure out what is happening in each of the patterns above to cause these to be considered bearish. Look at each candle and try to get into the minds of the traders involved in the candle. There is one more pattern worthy of mention. A "kicker" is sometimes referred to as the most powerful candlestick pattern of all. You can see in the above graphic why this pattern is so explosive. Like most candle patterns there is a bullish and bearish version. In the bullish version, the stock is moving down and the last red candle closes at the bottom of the range.
Then, on the next day, the stock gaps open above the previous days high and close. This "shock event" forces short sellers to cover and brings in new traders on the long side. Most traders are taught to "wait for confirmation" with candlestick patterns. This means that they are supposed to wait until the following day to see if the stock reverses afterward. This is absolutely ridiculous!
How's that for good grammar! Seriously, think about it for a second. If a stock pulls back to an area of demand (support) and I have a candlestick pattern that is telling me that buyers are taking control of the stock, then that is all the confirmation I need.
As a swing trader I have to get in before the crowd piles in, not when they get in! In other words, I want to be one of the traders that make up the pattern itself! That is the low risk, high odds play.