Level 18 - 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 and Commodities Using Candlesticks and Technical Analysis to Become a Professional Trader

In this course, we will take a deep dive into candlesticks with volume.

I realized the importance of volume, very late in my trading career. Simply because, the price action itself gives us so much information about the markets in the form of candle patterns.

However, my mentors helped me interpret volume along with price action. This allowed me to gradually incorporate volume as well in my trading.

In this course, we are not going to look at any volume based indicator. We are going to look at volume itself. The volume itself when interpreted correctly with price action, can give us some incredible trade setups.

And of course, volume becomes most relevant when it comes to trading in stocks, specifically.

There are multiple chart examples in each section to illustrate each concept in detail.

So let’s dive into the course.

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

Volume at the Bottom

• The High Volume Inverted Hammer

• The High Volume High Wave Candle

• The High Volume Hammer Like Doji

Volume at the Top

• The Average Volume Hanging Man

• The Variation of a Bearish Engulfing Pattern with Low Volume

• The Classic Bearish Engulfing Pattern Confirming Prior Resistance

Volume Confirming Candle Patterns

• Volume Confirming The Bullish Engulfing Pattern

• The Low Volume Rising Window

• The Low Volume Star at the Top

• The Low Volume Bear Harami at the Top

• Volume at the Dark Cloud Cover

Volume at the Long White Real Body

• The High Volume Long White Real Body

• The Low Volume Long White Real Bodies

• The Last Engulfing Top

Volume at the Breakout Candle

• The Rising Window High Volume Breakout 

• The Unusually High Volume Breakout

• A Very Long Consolidation

• Very Powerful Breakout 

Volume at the Doji Candle

• The High Volume Northern Doji 

• The Importance of a High Volume Doji

• The High Volume Southern Doji Candle

Volume at the Change of Polarity Point

• Old Resistance Becoming New Support 

• High Volume Buying Activity

• The High Volume Break of a Falling Window

Volume Confirmation for a Moving Average

• The Perfect Pullback

• Huge Supply Coming in the Market

• The Danger Sign

Volume & Confluence of Factors

• The Dark Cloud Cover at the Falling Window

• The Strong Opening & Weak Closing

• The Failure to Break Out 

Volume & Price Divergence

• Higher Highs in Price

• Five Consecutive Higher Closes

• The Eight Consecutive Black Candles

Volume Inside Price Consolidations

• The Low Volume During a Consolidation

• Volume Below Average in a Flat Market

• The Classic Case of Consolidation 

Volume at the Fibonacci Levels

• Heavy Supply at the 38.2% Level

• The Failure to Close Above the 50% Level

• The Shallow Retracement

Volume at False Breakouts

• The Low Conviction Breakout

• The Low Volume Break on the Downside

• The Long White Real Body Near a Falling Window

Volume & Bollinger Bands

• When Not to Sell

• Riding the Trend on High Volume

• Scaling Back Gradually

• Wait for Signs of Strength

Volume & Trend Lines

• The Multi-Tested Uptrend Line

• The Multi-Tested Downtrend Line

• The Slight Pullback to the Trendline

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

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: I am a SEBI-Registered Part-time Research Analyst (Registration No. INH000022279) registered under the SEBI (Research Analysts) Regulations, 2014, and supervised by the BSE Research Analyst Administration and Supervisory Body (RAASB). All content shared by me across my digital platforms is strictly for educational purposes only and should not be considered as investment advice, buy/sell recommendations, or trading tips. I do not provide personalized investment advisory services, I do not publish research reports, and I do not make buy/sell or price-target recommendations. My content is limited to an educational purpose only and does not constitute a research service or any other activity regulated by SEBI under my Research Analyst registration. Any securities or instruments referenced are used purely for education, analysis, and illustration and must not be construed as a solicitation, recommendation, or advice to buy, sell, or hold. Investing and trading in securities involve significant risk, and past performance is not indicative of future results. Please conduct your own due diligence or consult a qualified, appropriately registered financial adviser before making any financial decisions. I may or may not hold positions in the securities discussed at the time of creating the content, and such positions are subject to change without notice. I do not receive any compensation from third parties, including MarketSmith or Steve Nison; I have completed the basic and advanced candlestick modules on Steve Nison's platform purely as a student and am not affiliated with him or his website in any way.