Level 17 - Japanese Candlesticks Trading Mastery Program

All the Levels of The Japanese Candlesticks Trading Mastery Program are designed to help you : 

• Learn How to Trade Stocks, Forex & Commodities Using Candlesticks & Technical Analysis to Become a Professional Trader

In this course, we will look at an extremely important and a very valuable trading tool called as the Fibonacci.

I will not go into the theory or the mathematics behind the Fibonacci Levels.

We will directly go to its practical application on the charts.

In this course, you will learn how to combine your candlesticks knowledge with Fibonacci Levels.

These levels are important because they give us precise entry, exit, and stop loss points on the chart.

I touched upon Fibonacci in Level 4. That was very brief.

But this course is going to be a deep dive into the Fibonacci.

Fibonacci sounds very mathematical and complicated, but it’s not.

I will make it easy for you to apply on the charts.

Following are the sections and the sub-topics in this course: 

Shallow Retracements

• Fibonacci & Shallow Retracements

• Retracement at the 38.2% Level

• Retracement in an Uptrend

• The High Wave Candle at the 38.2% Level

• A Retracement That Didn’t Work

• This is Not a Shallow Retracement

Deep Retracements

• Fibonacci & Deep Retracements

• The Hammer at the 61.8% Level

• The Hanging Man at the 50% Level

• The Dark Cloud Cover at the 61.8% Level

• The Bearish Engulfing Pattern at the 78.6% Level

• The Upper Shadows at the 50% Level

Profit Targets with Fibonacci

• Fibonacci Based Profit Targets

• The Rising Window at the 61.8% Level

• The First Target Level

• Profit Target for a Deep Retracement

• Profit Target for a Shallow Retracement

• Watch the Target Levels 

Trading the Shallow Retracements Aggressively

• Trading the Shallow Retracements Aggressively

• The Risky Trade

• The Bullish Engulfing Pattern at the 38.2% Level

• The Time Factor in Targets

• Waiting for a Confirmation

• Trade Not Allowed Since It’s a Deep Retracement

Trading the Shallow Retracements Conservatively

• Trading the Shallow Retracements Conservatively

• Waiting for a Breakout

• Deep Retracement Trade Not Allowed

• Very Shallow Retracement

• The Long Bearish Candle Breakout

• Price Consolidation 

Trading the Shallow Retracements Super Conservatively

• Trading the Shallow Retracements Super Conservatively

• Wait for a Test of the Breakout Level

• Price Closes Above a Key Level

• The Bull Separating Line

• The Precision of Japanese Candlesticks

• Change of Polarity at the 38.2% Level

Deep Retracements Trading

• Understanding Deep Retracements Trading

• Trading at the 61.8% Level

• Trading the Close Below the 61.8% Level

• The Bearish Engulfing Pattern at the 61.8% Level

• Reward to Risk Ratio

• Watch the Fibonacci Levels Carefully

Fibonacci & Moving Averages

• The Doji Candle

• Failure to Close Above SMA

• The Shooting Star Like Candle

• Waiting for Confirmation

• The Resilience of the SMA

Fibonacci & Crossovers

• Wait for the Crossover

• The Confirmation from the Crossover

• Watch the Prices Closely

• The Importance of Timing

• The Power of the Crossovers

Following is the universe of markets from which the charts for this course were chosen:

• American Stocks

• Japanese Stocks

• Chinese Stocks

• European Stocks

• Indian Stocks

• Global Indices

Learn concepts that apply to any type of trading. If you know how to read one chart, you can read them all. This course through its various levels will help you understand this unique and most primitive technique of trading. The Japanese Candlesticks Trading Mastery Program can be applied in any or all of the following areas of work :

• Forex Trading / FX Trading / Currency Trading

• Stock Trading

• Commodity Trading

• Options Trading

• Futures Trading

• Intraday Trading / Day Trading

• Positional Trading 

• Swing Trading

• Technical Analysis of Stocks, Commodities & Currencies

• Price Action Trading

• Chart Pattern Analysis

• Cryptocurrency Trading

Standard Disclaimer : The material presented here is for educational purposes only. Please do your own proper due diligence. There are risks involved in markets. Returns are never guaranteed. The Japanese Candlesticks are a tool, not a trading system. However, they can be used for any timeframe, any asset class (stocks, commodities & currencies) and any financial instrument (spot, futures & options). The principles discussed in this course are applicable to any market in the world, provided the price information is accurate and is coming from a reliable source. This course is not about which broker you should use or how to use your respective broker platform. This course is about educating you on Japanese Candlesticks in detail so that you can apply these principles in your own market and in your own trading style and timeframe. I am not a registered investment advisor with any regulator or institution in the world. I do not provide any buy/sell recommendations. I do not provide any investment tips or trading tips. I do not provide investment advice. All of my content is for educational purposes only. Please do your own due diligence before making any financial decision.