
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 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.
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.
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.
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.
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.
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.
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.
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.
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 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.
Shows how a doji on a monthly Japanese candlestick chart becomes resistance, with a purple dotted line creating a strong, year-long barrier.
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.
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.
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.
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.
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.
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.
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.
Analyze a five-minute intraday chart to decide a trade, focusing on a bullish engulfing pattern at strong support, with indecision candles suggesting caution.
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.
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.
Learn the window candlestick pattern, a powerful continuation pattern, including rising and falling windows, breakouts, and the dumpling top and fry pan bottom, with 20 charted videos.
the rising window pattern appears when a gap between two candles signals continuation, with the window as a support area and traders should not buy solely on the gap.
Explore how the rising window acts as strong support and a continuation signal, reinforcing bullish setups when price pulls back and confirms with a bullish engulfing pattern.
The falling window is a continuation candlestick pattern where a price gap forms resistance, signaling the price will likely move downward; traders wait for a pullback to resistance before shorting.
Explore how a falling window acts as resistance, with the upper line forming a strong barrier. Learn why pullbacks to this level trigger short entries and reveal bearish patterns.
Trade the rising window aggressively by using it as support, breaking resistance, entering on the daily close, and targeting the previous high with a stop below the lower band.
Learn to aggressively trade the falling window on a daily chart, short with a stop above the window's upper line resistance, and compare aggressive entry to conservative pullback strategies.
Learn to trade rising windows conservatively by waiting for a pullback to the window's support, using bullish engulfing pattern as a continuation signal, with a stop loss under the pattern.
Learn to trade the falling window conservatively by waiting for a pullback to resistance, using a stop loss, and weighing bulls versus bears before taking a short position.
Master the rising window breakout: a rising window plus resistance breakout signals a long trade. Trade aggressively on breakout or conservatively on pullbacks, with stop losses and new support.
Spot a falling window breakout on a daily chart; price breaks prior support, producing two signals for a short entry with a stop above the upper line as strong resistance.
Examine the large window as a continuation signal on a daily price-action chart, weighing rising window support, resistance, and a poor reward-to-risk ratio that discourages a long trade.
Illustrates how a small window reduces risk and signals a down move via a falling window and break of support, guiding short entries with a stop loss.
Avoid trades with poor reward-to-risk and use falling and rising windows to define resistance and support, then wait for clear breaks rather than forcing trades.
Avoid bad long trades by using rising windows, resistance lines, and market context to assess continuation patterns and balance risk and reward.
Learn to avoid bad short trades by using windows and nearby support and resistance to assess risk and potential price action, preventing trades likely to stall between levels.
Identify the dumpling top pattern from Japanese candlesticks as a bearish reversal with a falling window, signaling shift from higher highs to lower highs and a potential short setup.
Identify the frypan bottom pattern and its windows, compare with the dumpling top, and learn how rising windows and u-shaped bottoms reveal bullish control and potential long entries.
Assess conflicting signals in candlestick charts by analyzing rising windows and support and resistance levels. Evaluate candle body strength to avoid false breakouts and delay trades.
Analyze a weekly chart showing a dark cloud variation, falling window resistance, and a double top. The setup suggests a short trade with a stop-loss, and likely price moves down.
Analyze a daily intel chart in a Japanese candlesticks quiz to show why a falling window creates a large stop loss and why price stays within resistance and support.
Use the star to exit or scale back for profits, then complete steps: rewatch videos, take the quiz, download presentation, read candlesticks charting techniques, study a chart, and trade small.
Master the star candlestick pattern, a single-candle reversal used to exit trades. Learn its types and how it combines with other patterns to book profits at resistance and support.
The star pattern signals a shift in market psychology and trend reversals, via a small real body gapping from a prior body; use it to exit a long position.
Learn to identify a star after an uptrend, a candlestick signaling potential reversal and a shift in market psychology, guiding exits and shorting at resistance.
Star after a downtrend signals a potential reversal, formed by a gap away from the prior long black body. Use it to exit short, not to enter a long.
Identify the morning star pattern as a three-candle downtrend reversal with a long black real body, a star gaps away, and a long white real body closing above the midpoint.
Identify the evening star pattern after an uptrend: a long white candle followed by a long black candle closing below the white candle's midpoint, signaling bearish reversal.
Identify the star candlestick pattern with bollinger bands, signaling a reversal near the upper band and round number, while bearish engulfing pattern confirms caution and exit signal.
Use star candlesticks with stochastics to exit long positions when the stochastic signals a sell above 80, while price action near 300 hints bears resistance.
A star at the 1400 round number signals a potential reversal as bears resist a close above 1400; a black candle below 1400 confirms bearish control and exit of longs.
Identify a star at the resistance area on the daily chart, around the 50 level. Use the pattern to exit longs and watch for bearish confirmation, including the evening star.
The star at support level on Tata Steel's daily chart signals a potential downtrend end or reversal. Exit short at the star; do not enter long.
Explore the star with the bullish engulfing pattern, a two-candle setup where a small black body is engulfed by a long white body, signaling that the low becomes support.
Identify a star with a bearish engulfing pattern, a two-candle setup after an uptrend where a large black candle engulfs a small white one, signaling potential reversal.
Learn how a doji becomes a star when it gaps from a prior long real body, signaling market confusion and potential trend change, with a bearish engulfing follow-up.
Learn to read a star with a window in Japanese candlesticks, using rising windows as support and gaps as resistance on weekly charts, with potential shorting opportunities.
After a tall white candle, a star and shooting star form near resistance on the weekly chart, signaling bearish pressure and a risk-managed short setup.
Spot a star after a long black candle on a daily chart, signaling indecision near support; exit short positions as the pattern hints at a reversal.
Explore the shooting star pattern with a bearish shadow, its upper shadow signaling bearishness, and how bearish engulfing patterns reinforce resistance lines, guiding stop losses and profit targets.
The shooting star is a bearish pattern after an uptrend, with a real body and a long upper shadow at least twice the body, signaling a potential short near resistance.
Analyze candlestick patterns on a daily chart to distinguish a shooting star from a star, apply trend context, and use stars to exit short trades.
Assess a daily chart to decide whether to trade as a dark cloud cover forms near 650 resistance. Identify a star pattern signaling market confusion and exit long positions promptly.
Explore how Bollinger bands combine with Japanese candlesticks as a technical indicator, and apply six steps: replay videos, take quizzes, download presentation, read books, study examples, practice with small positions.
Explore how Bollinger bands, a Western indicator, integrate with Japanese candlesticks to identify reversal and continuation trades across market trends, combining patterns from level one.
Explore bollinger bands as a price channel with upper, middle (20-period sma), and lower bands. Use candlestick signals to confirm long or short trades and gauge volatility with band width.
In a flat market, Bollinger bands tighten and the price alternates between the upper and the lower bands, signaling no trend and suggesting traders stay away.
Explore Bollinger bands in an uptrend, showing how price stays between the middle and upper bands, with pullbacks to the middle band offering long-entry opportunities and informed stop placement.
In a downtrend, price mostly stays between the middle and lower Bollinger bands, signaling short entries on pullbacks toward the middle band.
Identify three market trends—up, down, and sideways—using Bollinger bands on daily and weekly charts. Apply continuation trades with the trend and reversal trades near pullbacks to the middle band.
Explore Bollinger bands and reversal trades on a daily chart, distinguishing continuation trades with the middle band from risky reversal setups like bearish and bullish engulfing patterns.
Explore continuation trades using Bollinger Bands on a weekly chart, highlighting bullish engulfing signals, mid-band interactions, and targets within a rising trend.
Combine eastern candlestick signals with western Bollinger Bands to boost intraday trading; a bullish hammer near support signals a potential long entry when bands align.
Take a long near the lower Bollinger Band with a bullish engulfing pattern in an uptrend, using the two candles' lows as stop and exiting near the middle band.
Combine bollinger bands with the piercing pattern to spot bullish reversals. Enter long near support with a stop below the low, using the midpoint of the real body.
Combine the morning star three-candle reversal with Bollinger bands to spot lows, enter long near the lower band, set stop losses at support, and exit near the upper band.
Combine Bollinger bands with a shooting star to signal a bearish reversal after an uptrend near resistance, and enter a short with a stop above high on a weekly chart.
Combine the bearish engulfing pattern with Bollinger bands to enter short, using the high as stop-loss and resistance as confirmation toward the middle and lower bands.
Combining dark cloud cover with Bollinger bands to spot bearish reversals near resistance, this lecture guides a short entry with a stop loss as price crosses the middle band.
Learn how to use the evening star bearish pattern in uptrends and combine it with Bollinger bands to identify resistance, entry points, and potential price declines.
Discover how doji candles signal market confusion near Bollinger bands and guide exit decisions, based on price action and momentum near the upper band.
Combine rising and falling windows with Bollinger bands to evaluate price direction, spotting a shooting star near the upper band, and recognize when mixed signals call for no position.
Combine Bollinger bands with resistance and support to spot potential moves. Identify bearish and bullish signals, including a bearish engulfing pattern and guideposts for long or short entries.
Analyze a chart quiz to identify uptrend, downtrend, and the evening star pattern with resistance, then assess a short trade using risk-reward, entry points, and stop losses.
Evaluate a chart using dark cloud cover, a resistance area, Bollinger bands, and the falling off the roof signal to justify a short trade with a defined stop-loss and target.
Revisit videos, take the quiz, download the presentation, and study Japanese candlestick techniques to reinforce learning. Use stochastic with Bollinger bands for confirmation and analyze charts with small-risk trades.
Use the stochastic for extra confirmation with overbought and oversold signals, alongside Bollinger bands and Japanese candlesticks, and apply patterns like Doji, window, star, and Kopaloff chart near resistance.
Combine the stochastic indicator with candlestick patterns to confirm trades, using 80/20 overbought/oversold signals and a five-period setting on the slow lane for extra confirmation.
combine stochastic with the hammer candlestick to gain two confirmations of a bullish trade; stochastic under 20 signals a buy, validated by the hammer.
Use the bullish engulfing two-candle pattern after a downtrend with the daily stochastic to confirm a buy, using three signals: engulfing, oversold stochastic near 20, and confirmed support.
Combine the piercing pattern with stochastic signals to confirm a bullish entry: white opens below the prior low and closes near the black body’s midpoint, with stochastic near 20.
Explain the Morningstar bullish reversal: three candles, with a white body closing above midpoint. Use a stochastic buy signal under 20 to time entry and set a three-candle low stop.
Combine the shooting star with stochastic signals to time shorts after an uptrend, using the candle high as resistance and confirmations above 80 (short) or below 20 (long).
Analyze the bearish engulfing pattern, a two-candle reversal after an uptrend, and its use with stochastic signals to identify short entries, stop-loss placement, and reward-to-risk considerations.
Combine stochastics with the dark cloud cover candlestick pattern to form a bearish setup. The lecture explains ideal conditions, entry, stop-loss, and three confirmations—dark cloud, resistance, and stochastic.
Identify the evening star as a three candle bearish setup with a gap, where the third candle closes below the midpoint of the first white real body, with stochastic confirmation.
Combine the doji with stochastics to spot market confusion and signal that the prior trend may end or pause, guiding exits rather than entries.
Demonstrates using a rising window with oversold stochastic to identify a continuation buy, supported by a hammer and convergence of signals, with a stop below the window's lower line.
Combine a falling window with overbought stochastics to form a two-signal short setup, using the upper window line as resistance and selling with a stop loss above it.
Learn to combine stochastics with an established weekly support area, using hammer and bullish engulfing signals for confluence toward a likely uptrend, with a stop under support.
Combine stochastics with a resistance level, using a bearish engulfing pattern and prior resistance to confirm a strong sell signal, with a tight stop above the resistance.
Combine stochastics with Bollinger bands to spot a multi-signal shooting star setup, using a failed close above the upper band and prior resistance on intraday currency charts across timeframes.
Explore how star candle signals an exit and how stochastic confirms the move, with rising windows as continuation cues. Identify small real bodies and gaps to gauge bulls vs bears.
Combine stochastic signals with higher highs to lower highs to spot turnarounds. Observe a shooting star after an uptrend and anticipate short entries with stop losses above resistance.
Stochastics on a weekly aluminum chart traces a reversal from lower lows to higher lows. A hammer after a downtrend and a bias signal confirm the move higher.
Assess candlestick signals, resistance from a falling window, and bearish momentum alongside stochastic overbought conditions to decide against high-risk trades and poor reward to risk ratio.
Identify a classic hammer after a downtrend, with oversold stochastic and a frying pan bottom that confirms a rising support zone; enter long with stop and target near resistance.
Explore how the stochastic indicator and round-number levels signal market turning points, then follow six steps: revisit videos, take the quiz, download the presentation, and read Japanese candlesticks charting techniques.
Learn how round numbers act as psychological turning points and confirm signals using Japanese candlesticks, Bollinger bands, and the stochastic, with doji, window, and start patterns.
learn how candlesticks interact with round numbers to indicate high-probability reversals and turning points, with examples at 50 and 60 and patterns like bearish engulfing.
Explore combining round numbers with the hammer candlestick to identify reversals near key levels, using the hammer's long lower shadow to establish support and signal bullish turns.
Combine the bullish engulfing pattern with round numbers to spot bullish reversals after a downtrend. The pattern's low becomes support, exemplified at the 300 round number on a monthly chart.
Explore how to combine piercing patterns with round-number levels to identify bullish reversals and assess risk, including variations like piercing button and support near key rounds.
Learn to combine the round number with a morning star, a three-candle pattern signaling a shift from bears to bulls and a clear entry point for a price move.
Combine the shooting star with the round number for confirmation at 650, with signals: shooting star, bearish engulfing pattern, and round number, indicating a price decline from price action only.
Combine the bearish engulfing pattern with the round number at 2900 to signal a downtrend, enter short with a stop above the high of the pattern and target key supports.
Learn how to merge the dark cloud cover candlestick with round numbers like 350 to confirm bearish signals after an uptrend, with targets, stop losses, and cross-market applicability.
Explore how the evening star combines with a round number to signal a bearish reversal after an uptrend, using a stop-loss above the star at the round number.
Analyze how a doji around a round number signals market equilibrium and informs entries, exits, and risk levels using price action cues like rising windows and S1 targets.
Combine windows with round numbers to spot support and resistance, using rising windows as support and falling windows as resistance in trends, with imperfect dark cloud cover reinforcing the signal.
Spot star formations at round numbers to gauge indecision near levels like 1400, signaling cautious entries or exits when a long body and a small body with a gap appear.
Explains how a round number at 4500 with a near upper Bollinger band triggers bearish signals, including long shadows and a bearish engulfing pattern, signaling a short opportunity.
Combine round numbers with stochastics on a monthly chart to spot high-probability bearish signals, such as a shooting star near 1000, confirmed by overbought stochastics and bearish engulfing patterns.
Combine round number resistance at 1750 with resistance and a bearish engulfing pattern to trigger a short entry, with a stop loss above the pattern high and targets near support.
Combine round number 2500 with a support zone to identify a four-signal long setup in a downtrend, using a piercing pattern variation, window resistance, stop loss, and targets.
Explore how higher highs transition to similar highs and then to lower highs near the critical round-number price point of 50, using candlestick patterns like evening star and indecision candles.
Explore how lower lows transition to higher lows near a key round number, forming a frying pan bottom with a rising window for potential bullish reversal signals.
Evaluate a daily candlestick setup on a downtrend, noting a long shadow and no piercing pattern, with resistance at 50. Conclude against taking a long trade until a decisive close.
Analyze a daily chart of devious mortar, bounded by 450–500 with 500 resistance and three shooting stars, indicating a short setup with a small position and s1–s3 targets.
Watch all videos again, take the quiz, download the presentation, read Japanese candlesticks charting techniques by Stevenson, and study chart examples with small risk to reinforce learning.
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.