This is an in depth course that will teach you about candlesticks patterns and how to trade the most popular stock candlestick patterns with proper entries and stop levels.
Candlesticks Patterns Course
If you’re looking to learn candlesticks patterns then this course is for you. You're going to learn about the most popular stock candlestick patterns and how to trade them, with entries and stop loss levels.
We highly recommend that you take this course once you have a solid foundation of trading and are ready to get started. We also include our free e-book and custom-made desktop wallpaper backgrounds. Register for your free membership below to gain access to our course.
Free Japanese Candlesticks Patterns Course: What You'll Learn
- Here's what you'll learn and receive in our free Japanese candlesticks patterns course:
- Learn about bullish and bearish candlestick patterns and how to trade them
- Download our free candlesticks e-book that shows you the most popular patterns
- Find out how the doji family (gravestone, dragonfly, and long-legged form important reversal patterns
- Hammer candlesticks, inverted hammers and how to trade them
- Two of the most popular and reliable patterns: bull flags and bear flags (also learn how to trade bull pennants and bear pennants)
- How to trade rising wedge and falling wedge patterns
- Symmetrical triangles, ascending triangles, descending triangles, and how to trade them
- How to trade head and shoulders, cup and handles, double & triple tops, double & triple bottoms and so much more
- 3 custom-made wallpaper backgrounds for your computer
In the 1700’s, a Japanese rice trader named Homma developed the system that we now know as Japanese candlesticks patterns today. As a rice trader, he saw the correlation between supply and demand coupled with price and emotions. Investors and traders of today see how all markets are heavily influenced by emotions, thanks to Homma.
There was a major difference between the value and the price of rice when emotions were factored in. As a result, the stock market trading principles that Homma created are now the basis of Japanese stock candlestick patterns when trading. In light of this, candlesticks are the absolute name of the game when trading.
The trading principles that Homma created are now the basis of Japanese candlestick patterns when trading. Technical candlestick patterns are the absolute name of the game when trading. Download our e-book.
2. Trading Candlesticks Patterns
There's the age old question as a trader of whether the fundamentals or technicals are most important as a trader. To that we say...YES!
Meaning... it's important to learn both the fundamentals as well as the technicals as a trader, however, we'd make the bold statement that the technicals are even more important than learning the fundamentals.
Why do we believe that? Just think about it for a moment. If you only know the fundamentals of a company but don't know the process of trading candlesticks patterns then how will you know when to enter and exit a trade?
Stock patterns are the absolute foundation to your success as a trader. It's important to remember that any time a fundamentalist buys and sells a stock, they leave patterns on charts. These patterns are the foundation that makes up the age old battle between the bulls and the bears in the stock market.
Traders are very habitual and pay very close to candlestick entry and exit signals. If you're only a fundamental trader then you may end up buying at resistance levels and immediately start losing money as the stock falls.
Remember, buy at support and sell at resistance right?! Buy low and sell high. How do you know how to do that if you don't know about trading candlesticks patterns?
Do Candlestick Patterns Really Work?
- Candlestick patterns really do work but they aren't foolproof
- Nothing in the stock market is 100% guaranteed, but candlestick patterns are the most reliable indicator that traders use to trade
- Indicators such as moving average lines, macd, and rsi are lagging indicators and don't carry the weight that patterns do
- Stock volume is also hugely importance when looking for reliable confirmation of pattern breakouts and breakdowns
- Candlestick patterns form important support and resistance levels that traders use to draw trend lines, get better entries and exits, and help them to manage risk when trading
1. The Foundation of Stock Candlestick Patterns
One of the most important things you'll learn in our candlesticks patterns school is that candlesticks are the foundation of trading in the stock market. In fact, without stock candlestick patterns, technical analysis doesn't mean anything.
Hence the importance of taking the time to learn what the different candlesticks look like and mean. There are a lot of candlesticks and patterns to learn. Don't get overwhelmed.
That's why we at the Bullish Bears made candlesticks wallpaper and our eBook. Our goal is to make our community members successful traders. To do that, you need to learn the foundation of trading before strategies and technical analysis.
Stock candlestick patterns alone tell a story as well as provide key support and resistance levels. As a result, when you group them together, you get patterns. We can't stress to you enough the importance of learning candlesticks but trust us, it's super important.
Looking to learn stock trading? Traders from around the world pay very close attention to candlestick patterns. They make up the foundation of trading. Technical candlestick patterns are the trail that's left by fundamental traders, so they leave very important buy and sell signal clues.
2. Learn Candlesticks Patterns
Trading candlesticks patterns seem overwhelming, especially right off the bat. Don't stress it however. Take all the time you need to practice, study and learn. We're here to teach you. Not pump up our positions to look like hero's.
We have a "pay it forward" mentality, to give you a hand up not a hand out. When you're in control of your trading, you'll be more profitable. That's not saying it's going to be easy though.
We don't sugar coat how hard it is either. However, if you're willing to put in the work, you won't regret it. Also, we give in depth training on how to trade candlesticks patterns in our stock watch lists videos that we post several times per week.
Our trade rooms are a fantastic place to learn about stock candlestick patterns, since we are showing charts for several hours each day live. We map out support and resistance levels real-time and show you exactly what we are looking at. We explain technical candlestick patterns and then how to draw trend lines which map out very important buy and sell levels.
Bookmark our swing trade watch list page:
Bulls V Bears
There is a lot that trading candlesticks patterns can tell us. For one thing they tell us a very powerful story between the bulls and the bears. This story forms candlesticks, which forms important patterns, and those patterns help to determine very important support and resistance levels.
Support and resistance is the name of the game when trading. Buy low and sell high, aka buy at support levels and sell at resistance levels.
However, over 90% of newbie traders do the complete opposite. They buy high and panic when the price drops and end up selling low. In other words, they buy at resistance levels and sell at support levels and many of times lose their life savings, simply because they don't know stock candlestick patterns.
Again, these patterns aren't foolproof but they are the most important indicator to use when trading. Indicators are usually lagging but candlesticks form real time. This is the reason that price action and the patterns that are formed are the most reliable trading indicator to use when trading.
Candlesticks Patterns Trading
Many times new traders feel overwhelmed by everything they need to learn; especially if you want to learn how to trade right. It's easy to follow a guru in and out of their trades without taking the time to learn if what they're trading is actually a good setup.
Instead we started a Facebook group to pair with trading rooms. We wanted a community filled with like minded men and women from around the world. It's a safe place to come and ask questions or just observe traders in action. The world never stops teaching, so never stop learning!
Trading can be and is lonely at times. In fact, one could argue that having a solid stock training group is equally as important and learning the foundation, technical analysis, stock candlestick patterns and strategies. To have that camaraderie that a good community brings helps. Read More
Learning candlestick entry and exit signals is the name of the game when trading. That's why we stress over and over to not rely on some other guru or company to call out trades to you. If you can read patterns, and understand price action, then you don't need them.
It's nice to be able to see when someone enters and exits trades as a guide to help you learn but don't use it as a crutch. This is the reason why most new traders don't succeed. But being a member of our group puts the odds back into your favor.
They rely on someone to call out candlestick entry and exit signals to them which makes them always late to enter and exit a trade. This isn't a good way to trade because anything can and will happen when trading, and having agility is going to be key. If you can't be quick on your feet...well no guru is going to save you.
3. Trade Rooms
Alright, if you are still reading this far, lets talk about our trade room. We cover pretty much anything and everything in our trade room. As a result, you can talk to, observe and ask questions of traders who are as into your particular trading strategy as you are.
The team also live streams for a couple hours each morning for community members. There you can see us cover stock candlestick patterns in action and why they're so important to know.
If you're in our room you're seeing candlesticks patterns in action during the day. We're pointing out what we see, what patterns are forming and explaining how to trade the patterns. We also do trading live, real-time coaching, training, mentoring, and also share our stock scanner. Pretty sweet huh?
If you're new to our trading community then make sure to come in and start learning. We were all new to the industry once, so we are here to help answer your questions in our community. Our chat rooms are open 24 X 7, so feel free to interact with other members any time of day. Take our free trading courses.
We are huge proponents of trading in a virtual account first before trading stock patterns. It takes a lot of time to learn these patterns so practice makes perfect. Remember...patterns fail all of the time. Every bullish pattern or every bearish pattern is not guaranteed to follow through. Nothing is foolproof when trading. They are meant to be a guide but not 100% accurate. That's why having the proper risk management strategies is key to long term success as a trader.
How Do You Read a Candle Pattern?
- How do you read a candle pattern? There's a bunch to learn but it's important to first determine if it's a bullish or bearish pattern
- Bullish candlesticks are typically green or white on stock charts
- Bearish candles are either red or black typically
- Look at the size of the real body, wicks, and shadows
- Look at open and close levels, higher highs, and lower lows
- Look at the patterns within the overall pattern
- Know how to draw your horizontal support and resistance levels
- Use trend lines to connect other major patterns
- Look for reversal patterns within patterns
- Determine your entry and exit levels
1. Real-Time Stock Alerts
What else do we offer? Well, we offer real-time stock alerts as well as trade alert "setups" to our community members. Our real-time trade alerts are actionable and focus on highly liquid larger cap stocks. We post our alerts on our private Twitter account, which you will gain access to once you become a member of our community. Our real-time alerts include entries and exits. These are perfect for busy folks who can't day trade or jump from position to position.
Also, each night, we post watch lists and trade alert "setups" for our community members within our trading services. Remember that we're not a stock pumping service so these aren't buy signals with our alert "setups". Instead they're stocks we're watching with key support and resistance levels mapped out.
We'll never call out entries and exits on penny stocks because we want you to be in control of how you trade your money, and low float stocks are extremely volatile. So, our penny stock alert setups will be a guide to help you become more comfortable as a day trader. Our swing trade "setups" act as a guide as well. Make sure to read how both of our alert services work on the pages above.
Check out our YouTube playlist geared for our watch lists and trade alerts setups. There you can see why we choose the stocks we do and how we set up our alert setups. If you take the time to learn candlesticks patterns then you'll know the secret to becoming a profitable and consistent trader. Sounds simple right?! Well...it's NOT! Take our stock patterns courses above.
2. No Easy Short Cut
If you really want to learn charting and become a profitable trader it's important to realize that it's going to take looking at hundreds, if not thousands of charts, until these patterns start jumping out at you. It's important to train your eyes to see these patterns, and when you do, you'll experience a very huge AHA moment as a trader.
Unfortunately, there's no easy short cut around this path. There are a lot of candlesticks patterns to learn, however, the good news is that we have simplified the process for you by tailoring these patterns into two courses that will teach you the easiest to learn candlesticks patterns first. Next we will help you to progress onto the more complicated ones. We offer a lot of candlesticks trading in our trading service.
Remember that trading takes time to learn. It takes many traders several months to a year+ to become comfortable as a trader. It takes looking at several thousand charts for the patterns to jump out at you and make sense. We teach our members to treat trading like an education or starting a career.
It's important to study a lot and not rush the learning curves that are associated with trading and learning stock candlestick patterns. Paper trade for several months until you feel comfortable and then slowly scale your way up over time trading with real money. We teach you this process and how to trade candlesticks patterns live every day in our trade room.
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