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Level 2 - Japanese Candlesticks Trading Mastery Program
Rating: 4.6 out of 5(462 ratings)
2,423 students

Level 2 - Japanese Candlesticks Trading Mastery Program

Learn Advanced Candle Patterns & Know How to Use Candlesticks with Bollinger Bands, Stochastics & Powerful Round Numbers
Last updated 9/2024
English
English [Auto],

What you'll learn

  • Find Out Why "The Doji" Pattern is called as the "The Magic Doji" & Why is it a Potent Reversal Signal
  • Learn Why "The Window" is "The Most" Powerful Candlestick Patterns of all you might have known before
  • Understand Why it is not wise to Ignore "The Stars, Shadows & Real Bodies", because of the Market Clues they provide
  • Learn How to Combine Candlesticks with Bollinger Bands to Trade From the Correct Side of the Market
  • Understand Why Stochastics When Combined with Candlesticks can provide Important Trade Confirmations
  • Find out the Power of Round Numbers in Combination with Candlesticks to Increase the Likelihood of Your Trades Working Out

Course content

7 sections139 lectures8h 30m total length
  • Introduction1:33

    Master advanced candlestick strategies in level two by studying Doji, magic candle, its 16 types, and how to combine them with level one patterns to exit positions through 20 videos.

  • The Doji Candle​3:21

    The doji candle has no real body, signaling market confusion and a balance between bulls and bears. Its position in the range and the technical picture suggests continuation or reversal.

  • Doji Stopping an Uptrend4:29

    Identify two doji candles signaling market confusion after a sustained uptrend on a daily chart; doji suggests equilibrium, likely ending the trend, prompting exits rather than new positions.

  • The Northern Doji ​3:49

    Explore the northern doji, a candle appearing after an uptrend that signals market confusion and potential reversal, with the hammer pattern and exit guidance at resistance.

  • The Southern Doji ​3:06

    Learn how the southern doji signals confusion after a downtrend and why it has weaker predictive power than the northern doji, with examples of potential reversals or sideways moves.

  • Northern Vs Southern Doji​3:39

    Compare the northern doji with the southern doji to show that after an uptrend, the northern doji has stronger predictive power for reversals than the southern doji.

  • Dragonfly Doji ​4:58

    Study the dragonfly doji, a candle with no upper shadow and a long lower shadow signaling bullish control after a downtrend; use for bullish entries with a stop below support and target.

  • Gravestone Doji ​5:49

    identify the gravestone doji, a strong bearish reversal after an uptrend, marked by a long upper shadow and little lower shadow, confirming resistance via shooting star, unlike the dragonfly doji.

  • Long Legged Doji ​6:14

    Shows a long legged doji signaling market equilibrium and uncertainty, suggesting a trend end after uptrends. Reveals price action and exit points on higher time frames, such as monthly charts.

  • Doji After a Tall White Candle ​4:36

    Identify a doji after a tall white candle as a resistance signal and outline taking short positions when prior resistance holds and bears dominate.

  • Doji Confirming Resistance3:47

    Doji confirms prior resistance by creating a resistance zone on a 1-hour chart, signaling a potential short position as bulls fail to close above resistance zone.

  • Doji as a Resistance2:56

    Shows how a doji on a monthly Japanese candlestick chart becomes resistance, with a purple dotted line creating a strong, year-long barrier.

  • The Insignificant Doji ​3:42

    Recognize a flat boxer-range market where the insignificant doji signals no reversal, merely reflecting equilibrium between bulls and bears. Many small real bodies reinforce that the trend stays flat.

  • The Morning Doji Star ​4:36

    Understand the morning star and morning doji star as reversals after a downtrend, with a long black body, a small doji second candle, and a close above first body's midpoint.

  • The Evening Doji Star ​3:56

    Identify the evening doji star, a three-candle bearish reversal after an uptrend, with a long white body, a doji gap, and a long black body closing below the midpoint.

  • The Bullish Engulfing with Doji ​3:20

    Master the bullish engulfing with doji pattern, identify its entry point after a downtrend, set stops under prior support, and target gains on strong bullish candles.

  • The Bearish Engulfing with Doji3:19

    Spot the bearish engulfing with doji after an uptrend, where a doji is engulfed by a tall black body, signaling a short entry with a stop loss.

  • The Doji Chart​4:19

    Analyze a 1-minute doji cluster near strong resistance, where three consecutive doji candles reinforce the red line and signal a potential reversal or short entry, noting the Tristar pattern.

  • Is this a Gravestone Doji ?3:04

    Evaluate candlestick patterns across timeframes, using the gravestone doji example on a 1 minute chart to avoid premature shorts and rely on price action, resistance, and proper technique.

  • Chart Quiz 1 ​3:58

    Analyze a five-minute intraday chart to decide a trade, focusing on a bullish engulfing pattern at strong support, with indecision candles suggesting caution.

  • Chart Quiz 23:50

    Analyze a five-minute intraday chart to assess resistance levels, doji indecision, and price action; determine when to avoid or size positions, using prior resistance and patterns.

  • Summary3:48

    Level 2 japanese candlesticks trading mastery spotlights the window signal as the most powerful pattern and guides six actions: revisit videos, take the quiz, download presentation, and study a chart.

  • The Doji - Download the Presentation0:04
  • Quiz Questions - The Doji

Requirements

  • You must complete Level 1 of my Japanese Candlesticks Trading Mastery Program
  • You must have the Willingness to Learn & Study
  • You must have an Open Mind to New Concepts
  • You must be Willing to Question Your Existing Beliefs About the Markets & Candle Patterns

Description

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

The Following Topics are Covered in this Course : 

The Doji (20 Videos) 

  • The Doji Candle

  • Doji Stopping an Uptrend

  • Northern Doji

  • Southern Doji

  • Dragonfly Doji

  • Gravestone Doji

  • Long Legged Doji

  • Doji After a Tall White Candle

  • Doji Confirming Resistance

  • Doji as Resistance

  • Insignificant Doji

  • Morning Doji Star

  • Evening Doji Star

  • Bullish Engulfing with Doji

  • Bearish Engulfing with Doji

  • Quiz Charts

The Window (20 Videos)

  • The Rising Window

  • The Falling Window

  • Trading the Window Aggressively

  • Trading the Window Conservatively

  • Rising Window Breakout

  • Falling Window Breakout

  • Large Window

  • Small Window

  • Avoiding Bad Reward to Risk Trades

  • Dumpling Top

  • Frypan Bottom

  • Conflicting Signals 

  • Quiz Charts

The Stars (20 Videos) 

  • The Star

  • Star after Uptrend

  • Star after Downtrend

  • Morning Star

  • Evening Star

  • Stars with Bollinger Bands

  • Stars with Stochastics

  • Stars at Round Numbers

  • Star at Resistance

  • Star at Support

  • Star with Bullish Engulfing Pattern

  • Star with Bearish Engulfing Pattern

  • Doji Star

  • Star with a Window

  • Star after a Tall White Candle

  • Star after a Tall Black Candle

  • Star with a Bearish Shadow

  • The Shooting Star

  • Quiz Charts

Candlesticks with Bollinger Bands (20 Videos) 

  • The Bollinger Bands

  • Bollinger Bands in a Flat Market

  • Bollinger Bands in an Uptrend

  • Bollinger Bands in a Downtrend

  • The 3 Market Trends

  • The 2 Types of Trades

  • Bollinger Bands & Reversal Trades

  • Bollinger Bands & Continuation Trades

  • Bollinger Bands with a Hammer

  • Bollinger Bands with a Bullish Engulfing Pattern

  • Bollinger Bands with a Piercing Pattern

  • Bollinger Bands with a Morning Star

  • Bollinger Bands with a Shooting Star

  • Bollinger Bands with a Bearish Engulfing Pattern

  • Bollinger Bands with a Dark Cloud Cover

  • Bollinger Bands with a Evening Star

  • Bollinger Bands with a Doji

  • Bollinger Bands with a Window

  • Bollinger Bands with a Resistance Area

  • Bollinger Bands with a Support Area

  • Quiz Charts

Candlesticks with Stochastics (20 Videos) 

  • The Stochastics

  • Overbought Levels

  • Oversold Levels 

  • Stochastics with a Hammer

  • Stochastics with a Bullish Engulfing Pattern

  • Stochastics with a Piercing Pattern

  • Stochastics with a Morning Star

  • Stochastics with a Shooting Star

  • Stochastics with a Bearish Engulfing Pattern

  • Stochastics with a Dark Cloud Cover

  • Stochastics with a Evening Star

  • Stochastics with a Doji

  • Stochastics with a Window

  • Stochastics with a Resistance Area

  • Stochastics with a Support Area

  • Stochastics with Higher Highs to Lower Highs

  • Stochastics with Lower Lows to Higher Lows

  • Quiz Charts

Candlesticks with Round Numbers (20 Videos) 

  • The Round Numbers 

  • Round Numbers with a Hammer

  • Round Numbers with a Bullish Engulfing Pattern

  • Round Numbers with a Piercing Pattern

  • Round Numbers with a Morning Star

  • Round Numbers with a Shooting Star

  • Round Numbers with a Bearish Engulfing Pattern

  • Round Numbers with a Dark Cloud Cover

  • Round Numbers with a Evening Star

  • Round Numbers with a Doji

  • Round Numbers with a Window

  • Round Numbers with Bollinger Bands

  • Round Numbers with Stochastics

  • Round Numbers with a Resistance Area

  • Round Numbers with a Support Area

  • Stochastics with Higher Highs to Lower Highs

  • Stochastics with Lower Lows to Higher Lows

  • Quiz Charts

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.

Who this course is for:

  • Salaried Professionals
  • Doctors
  • Lawyers
  • Entrepreneurs
  • Retirees
  • Students
  • Home Makers