CANDLESTICK REVERSAL PATTERNS
This candlestick reversal course is the continuation of our first candlesticks patterns course and will teach you the most popular candlestick reversals and how to trade them with proper entries and stop levels.
Candlestick Reversal Patterns
If you’re looking to learn candlestick reversal patterns then this course is for you. As a result, you're going to learn about the most popular candlestick reversals and how to trade them.
We highly recommend that you take this course once you have a solid foundation of candlesticks and are ready to learn how to trade them. Register for your free membership below to gain access to our advanced candlesticks course.
Candlestick Reversal Patterns Course
Our first course really goes into the basics of candlesticks, what they mean, what they look like, and how critical patterns are when trading. Candlesticks are the first early warning system and most important line of defense when trading. In fact, all of the technical indicators on the planet don’t mean a darned thing if you don’t know candlesticks and how to trade them! Read More
Candlesticks tell a very important story between the bulls and the bears. As a result, this story forms patterns, and these patterns become critical support and resistance levels. Support and resistance is the absolute name of the game when stock trading. Buy low and then sell high. In this case, buy at support and sell at resistance.
They are the foundation to trading. Traders from around the world pay close attention to reversal candle patterns and patterns in general. Even though they aren't foolproof, they are very important to be aware of. They give traders a very important edge and clues on when to potentially enter and exit a trade.
Candlestick Reversal Patterns Clues
As traders, we are always searching for an edge when trading. Because nothing is 100% certain in the stock market, it's important to find clues or ways that will help us to gain an edge when trading.
Candlestick reversal patterns are the clues that we are looking for. Traders around the world are paying very close attention to these clues to use to their advantage when trading.
These candlestick reversal patterns give us early entry and exit strategies when trading. We always stress to have a plan when trading. Know when you are going to exit and enter a trade and make sure to be disciplined and have proper risk management strategies in place.
We will give you the resources that will help you to learn reversal candle patterns and how to trade them but it's up to you if you're going to put them to good use. Our wallpapers and ebook will be very useful guides to help you along the way and make the process of trading easier.
Candlestick Reversals History
In the 1700’s, a Japanese rice trader named Homma created the system that we now know as Japanese Candlesticks. As a rice trader, he saw the correlation between supply and demand coupled with emotions and price. In fact, thanks to Homma, traders today are able to see how markets are heavily influenced by emotions.
Candlesticks tell a very important story between the bulls and the bears. This story forms reversal candle patterns, and these patterns become critical support and resistance levels. Read More
Furthermore, support and resistance is the absolute name of the game when trading. Buy low and then sell high. In the same way, buy at support and sell at resistance. Download our free candlesticks ebook.
They Tell A Story
Candlestick reversal patterns are quite informative. They tell you how millions of traders are feeling about a particular stock at any given time. In fact, they can tell you if a stock has a bearish or bullish bias.
That's just the candlesticks by themselves. Group them together and you get a bigger picture also known as candlestick reversals and patterns. While there isn't a magic eight ball that can give you the exact move a stock will make, patterns sure help.
However, it's important to remember that candlestick reversal patterns do break down. Hence the importance of being able to spot the small patterns as well as the large ones.
Candlestick reversals patterns and patterns in general provide that support and resistance which is, in itself, the best buy and sell signal you can ask for. In fact, if you learn how to find support and resistance, you'll never need to rely on someone calling out entries and exits for you. As a result, you'll be in complete control of your trading destiny. We teach a lot about how to trade candlesticks in our trading service.
Trading is emotion. How do you think candlesticks and patterns form? They form based off the emotions of other traders. In fact, those emotions affect everyone, even the best traders.
The goal is to learn how to control those emotions. Therefore, using candlestick reversal patterns can help to remove some of the emotions around trading. However, it's important to realize that the candlesticks and patterns aren't going to solve your trading woes; especially when you let emotion rule your trades.
Hence, why a successful trader uses a healthy dose risk management with a proper strategy. Don't let emotions cripple your trading. Moreover, that's why a lot of traders give up in the end.
We know how emotional trading can be. Hence why charting is important. As a result, we created a stock market trading community on Facebook and in our trade rooms that offer a safe place for you when things aren't going to plan.
A solid community is like having a great support group and trust us, you'll be glad for it. Therefore, we strive to make our Facebook community and trade rooms safe, kind and respectful of everyone.
We don't let trolls, spammers or pumpers in. It's all about creating a safe place for people looking to better their trading. Furthermore, we strive to be a "pay it forward" kind of community.
Candlestick Reversal Patterns Trading
We provide three trade rooms to our community members; a day trade, swing trade and futures trading room. Our team also live trading streams a couple hours every morning. The live stream is a teaching tool.
We're not stock pumpers. Therefore, we don't call out exits and entries to our stock market trading community members in our day trading room. Instead we're teachers. We spend a couple hours every morning mapping out support and resistance of the stocks the community members in our trade rooms are looking at.
In other words, charting. We do have a real-time stock alert service for members that want to follow our larger cap trades. Read More
Our goal is to create a community of self sufficient traders. Traders that aren't chasing gurus in and out of trades without knowing the psychology behind the trade. Hence, why we've spent the time to put these courses together, live stream and have trading rooms.
Watch Lists & Alerts
The Bullish Bears team also provides daily stock watchlists and trading alerts "setups" to our community members in our stock trading service. We add stocks to our watchlists by charting. Again, we're not a stock pumping service and these alerts shouldn't be seen as buy signals.
Instead they're important support and resistance levels we've mapped out; levels that you need to pay attention too. Since our goal is to make you the best self sufficient traders you can be, you can take these alerts and use them how you see fit.
You're in control of your trades. As a result, you may have a profit target that's different than ours. That's why we don't call out entries and exits with our "setups". Following that kind of trading strategy tends to be detrimental and why many traders end up giving up.
In fact, our YouTube channel as a playlist dedicated to how we make our stock watch lists and trade alerts. Study these videos so you can see how to implement them as well as seeing why we choose the stocks that we do for our watch lists.
We also offer a real-time stock alert service to members that want to follow our large cap trades. So, we offer both our "setups" as well as real-time alerts. We are all about offering options to our community members.
While our "setups" act as more of a guide to our members, our real-time alerts are the entries and exits that we make on large cap trades. Again, we are not a stock pumping service so that's why we don't call out trades on penny stocks.
We allow members to follow our large cap trades because it's much harder to "pump" large cap stocks, and they are typically safer to trade. Again, it's important to remember that anything can happen in the stock market and even the best traders in the world fail on trades 20-40% of the time and we are not any different.
If you decide to follow our trades then please make sure that you are completely comfortable with the risks that are associated with trading. We are not responsible for any trades that you make. We highly advise paper trading for several months first before trading with real money, and only follow our trades if you know what you're doing. Please read our disclaimer first before taking any trades.
Bookmark our swing trade watch list page:
Study & Practice Candlestick Reversals
We can't stress to you how important it is to take the time to study and learn candlestick reversal patterns. Therefore, watch our stock market course videos and let it soak in. Then open a practice account and make hundreds of practice trades in a virtual stock training account. That way you're not using your own money to learn with.
In fact, this is the safest way to get started. You'll be thanking us as you're ironing out the kinks and it's not your money you're losing. Once you've learned to identify support and resistance along with patterns and perfected your strategy, you can move on to real money. Therefore, start small and build your way up. Our website has filled with valuable content to teach you how to be a successful trader. It's all up to you as to how you'll use it. Read More
It's important to take trading reversal candle patterns and candlesticks seriously when you're first getting started and it's going to take a lot of practice for trading to start to make sense. Many traders take several months to get comfortable with the overall flow of trading. Take our stock patterns course and other free online trading courses.
Reversal Candle Patterns
Reversal patterns are really important to be aware of especially when they are forming within bigger overall patterns. If you've taken our first course and have reviewed our ebook then you'll know by now the importance of patterns and how they are essential to becoming a successful trader.
They are the most important trading indicator to be aware of because they happen instantaneously. All of the other indicators are lagging and aren't as reliable as patterns.
Again, nothing is 100% reliable when trading. We wish that there was some magic formula that worked all of the time when trading but there isn't. Reversal patterns and bigger ones fail all of the time.
Remember, we are trading against real people in the stock market. People with real emotions and many of times people will go against the overall trend and break the patterns when we think a stock is going to go a certain way.
Reversal patterns are warning signs or clues. They are very helpful guides that will help you along the way when trading but don't completely rely on them. Practice paper trading and using proper risk management when trading.
The emotions of trading are one of the hardest to overcome. We'd argue that the emotions are harder to overcome than learning the technicals. That's why we offer a community of support and the necessary tools to help you overcome the learning curves associated with trading.
We know how hard trading is and that's why we don't sugar-coat anything in our community. We are all about helping our members to succeed. So, come and join us, learn from us, and have fun along your trading journey. Take our candlestick reversal patterns course below and learn how to spot candlestick reversals real time and how to trade them.
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