Since I started putting out videos featuring pure price action, I have received questions on candlestick patterns such as the harami and patterns such as wedges. I personally do not ever look at wedges or anything like that but I do take a look at price action via candlesticks. As a matter of fact, I know a pretty successful swing trader who factors in dojis, reversal candles, Marubozu types and even “abandoned baby” candles. All candlesticks have meaning but only taken in context of where they appear on the chart. For example, a harami at a support line tells a story about the buyers and sellers at that area. When you can “get the story”, you can decide on a trading play.
As you know, I don’t promote many things. Much out there is junk. You can find candlestick information all over the internet but it is much better when you can find it in one place. There is a website called “Candlestick Mastery” that Netpicks picked up. I took a look through the members section and I thought there was some solid information in there. 8 modules with videos. Downloads in pdf. Pretty much a kick start to get you on your way to having a deep understanding of candles and how to trade them.
- Simple, straight forward approach that will produce valid signals
- Combined power of in depth candlestick trading with proven price-action method
- Spend less than 20 minutes a night finding candlestick trades that are at the point of making a move
- Find profitable swing trades no matter what the market conditions
- Learn what stocks are poised to make a move and move quickly
- Good, profitable and frequent swing trading stock candidates
- Learn the support and resistance levels at which you can set very safe stop losses and pinpoint profit targets
- Full screen, high quality video training
- New Member area with updates
- The Candle Course Forum to discuss current market conditions
- And a whole lot more…
Take a peak and see if it fits your trading profile
