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Level 3 - Japanese Candlesticks Trading Mastery Program
Rating: 4.7 out of 5(309 ratings)
2,058 students

Level 3 - Japanese Candlesticks Trading Mastery Program

Learn the Harami & Tweezers Patterns. Trade Candlesticks with Horizontal Levels, Fibonacci & RSI. Learn Trade Monitoring
Last updated 9/2024
English
English [Auto],

What you'll learn

  • Find out how "The Harami Pattern" can give you Early Exit Reversal Signals
  • Learn How to Combine an Age Old Western Technical Concept with Candlesticks to get Excellent Trading Signals
  • Understand Why "The Tweezers Pattern" can provide Additional Confirmations & Increase the Odds in Your Favour
  • Learn How Easy it is to Combine Candlesticks with RSI to Spot Market Reversals
  • Learn How to Monitor Your Trades on a Candle-by-Candle Basis
  • Harness the Power of Fibonacci Levels in Combination with Candlesticks to bring more Precision into Your Trading

Course content

7 sections139 lectures10h 10m total length
  • The Harami Pattern - Introduction0:47

    Explore the harami pattern in Japanese candlesticks, including its origin and why it signals scaling back positions rather than new entries. Learn situations where it may inform a trade.

  • Bear Harami9:59

    This lecture covers the harami pattern, detailing bull harami and bear harami, where the second candle sits within the first, signaling exit timing.

  • Bull Harami5:29

    Learn the bull harami pattern, its bearish engulfing variation, and piercing pattern nuances; identify resistance, a weakening downtrend, and precise exit points for potential upside or flat markets.

  • Bull Harami (Black - Black)5:20

    Understand bull harami patterns on candlestick charts, including black-black and black-white, and distinguish them from dark cloud cover and engulfing patterns using only candle bodies and the 25 percent rule.

  • Bull Harami (Black - White)7:33

    Explain bull harami (black white) candlesticks and how they signal trend weakening, with the market flat or rising; harami is not used to initiate positions, hammer patterns converge with harami.

  • Bear Harami (White - Black)9:25

    Explain bear harami patterns within a downtrend, compare bad harami white black with bull harami, and show how piercing patterns, dark cloud covers, and windows define support and resistance.

  • Not a Harami - 16:31

    Learn to distinguish true harami patterns from look-alikes by analyzing the placement of real bodies, shadows, and trend context, including bull harami and bear harami conditions.

  • Not a Harami - 26:33

    Identify patterns that are not harami and analyze how shooting star, dark cloud cover, and bullish or bearish engulfing patterns confirm resistance or support on daily candlestick charts.

  • Bear Harami Cross4:57

    Identify bear harami cross and its dodgy second candle, noting small real body, rising window as strong support, and the potential for a weak breakout or sideways move.

  • Bull Harami Confirming Support4:09

    Bull harami confirms prior support on the chart, as a piercing pattern and an imperfect hammer converge with other signals to suggest an up move.

  • Bear Harami Confirming Resistance4:40

    Bear harami confirms prior resistance, increasing reversal likelihood near the 1400 level; combined with dark cloud cover, shooting star, and hammer, it signals exiting long positions to avoid being stuck.

  • Bear Harami Cross & Shooting Star5:10

    Explore the bad harami cross alongside shooting stars, identifying resistance and support zones, piercing patterns, and rising windows, then set entry, stop, and risk/reward targets with double confirmation.

  • Not a Bull Harami & Piercing Pattern3:35

    Distinguish piercing patterns from bull harami in candlestick analysis; a perfect piercing forms when a white candle opens below the prior black candle's midpoint and closes near it.

  • Bull Harami with Hammer3:32

    Explore bull harami and hammer patterns in a downtrend to guide exits. A hammer confirms bullish momentum, suggesting a long entry with a stop below its low.

  • Bear Harami - Higher Highs to Lower High3:34

    Analyze a bear harami transitioning from higher highs to lower highs, identify a bad harami after a run of white candles, and learn exit signals as the trend weakens.

  • Bull Harami - Lower Lows to Higher Low4:58

    Learn how the bull harami forms as price moves from lower lows to a higher low, with rising windows, shooting stars, and support-resistance shaping weak trend signals and exit rules.

  • Bull Harami - Opposite of Bullish Engulfing Pattern5:08

    Explore how the bull harami, the opposite of a bullish engulfing pattern, signals bullish moves through real body relationships, the 25 percent rule, and price action after downtrends.

  • Bear Harami After a Rising Window4:40

    Explore bear harami after a rising window, where a rising window becomes support and the bearish pattern suggests the price may move sideways or down.

  • Chart Quiz 15:31

    Analyze a monthly Canada Bank chart to evaluate candlestick patterns such as piercing pattern, bull harami, bullish and bearish engulfing, shooting star, hammer, and the implications of a double bottom.

  • Chart Quiz 24:43

    Analyze bull harami and piercing patterns on a daily chart, identify how piercing acts as support and the following window as resistance, predicting a range-bound move for non directional option traders.

  • Chart Quiz 34:53

    This chart quiz analyzes a daily Baatar chart for candlestick patterns like dark cloud cover, bearish engulfing, and bull harami, guiding entries, exits, and resistance.

  • The Harami Pattern - Closing Comments3:45

    Explain harami pattern and why it's not used to initiate trades, and present six actionable steps: watch videos, take quizzes, download presentation, read candlesticks, practice with charts, keep risk small.

  • Quiz Questions
  • Download the Presentation

Requirements

  • You must Complete Level 1 & 2 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 Harami Pattern (20 Videos) 

  • Bear Harami

  • Bull Harami

  • Bull Harami - Black Black

  • Bull Harami - Black White

  • Bear Harami - White Black

  • Not a Harami Pattern - Example 1

  • Not a Harami Pattern - Example 2

  • Bear Harami Cross

  • Bull Harami Confirming Support

  • Bear Harami Confirming Resistance

  • Bear Harami Cross & Shooting Star

  • Not a Bull Harami & Piercing Pattern

  • Bull Harami with Hammer

  • Bull Harami - Higher Highs to Lower High

  • Bear Harami - Lower Lows to Higher Low

  • Bull Harami - Opposite of Bullish Engulfing Pattern

  • Bear Harami After a Rising Window

  • Chart Quiz 1

  • Chart Quiz 2

  • Chart Quiz 3 

Candlesticks with Key Horizontal Levels (20 Videos)

  • Old Resistance Becomes New Support - Example 1

  • Old Resistance Becomes New Support - Example 2

  • Old Support Becomes New Resistance - Example 1

  • Old Support Becomes New Resistance - Example 2

  • Bearish Engulfing Pattern at the New Resistance

  • Bullish Engulfing Pattern at the New Support

  • Hammer at New Support

  • Shooting Star at New Resistance

  • Evening Star at New Resistance

  • Piercing Pattern at the New Support

  • Four Consecutive Highs at New Resistance Zone

  • Old Support Zone

  • Falling Window Resistance Becomes New Support

  • Poor Reward to Risk Ratio at New Support

  • Old Resistance Becomes New Support at Highest Timeframe Chart

  • Old Resistance Becomes New Support without any Specific Pattern

  • Chart Quiz 1

  • Chart Quiz 2

  • Chart Quiz 3

  • Chart Quiz 4

The Tweezers Pattern (20 Videos) 

  • Tweezers Bottom

  • Tweezers Top

  • Tweezers Top with Higher Timeframe

  • Not a Tweezers Bottom

  • Tweezers Top Variation - 3 Tops

  • Tweezers Bottom with a Hammer

  • Tweezers Bottom Variation with Bullish Engulfing Pattern

  • Tweezers Bottom Variation with Piercing Pattern

  • Tweezers Bottom with Bull Harami - Black White

  • Tweezers Bottom with Bull Harami - Black Black

  • Tweezers Bottom Confirming Support

  • Tweezers Top with Hanging Man

  • Tweezers Top with Bearish Confirmation

  • Variation of Tweezers Top with a Dark Cloud Cover

  • Tweezers Top with Bearish Engulfing Pattern Variation

  • Tweezers Top with Rising Window

  • Imperfect Tweezers Top

  • Chart Quiz 1

  • Chart Quiz 2

  • Chart Quiz 3

Candlesticks with RSI (20 Videos) 

  • Hammer with Oversold RSI

  • Bullish Engulfing Pattern with Oversold RSI

  • Piercing Pattern with Oversold RSI

  • Morning Star with Oversold RSI

  • Shooting Star with an Overbought RSI

  • Bearish Engulfing Pattern with Overbought RSI

  • Dark Cloud Cover with Overbought RSI

  • Evening Star with Overbought RSI

  • Higher Highs to Lower High with Overbought RSI

  • Lower Lows to Higher Low with Oversold RSI

  • Falling Window with Overbought RSI

  • Rising Window with Overbought RSI

  • Bear Harami with Overbought RSI

  • Bull Harami with Oversold RSI

  • Conflicting Signals with Candles & RSI

  • Bearish Engulfing Pattern with RSI that Failed

  • Chart Quiz 1

  • Chart Quiz 2

  • Chart Quiz 3

  • Chart Quiz 4

Candlesticks Trade Monitoring (20 Videos) 

  • Hammer Confirming Support

  • Bullish Engulfing Pattern Confirming Support

  • The Piercing Pattern Confirming Support

  • Morning Star Confirming Support

  • Shooting Star Confirming Resistance

  • Shooting Star & Bear Harami

  • Bearish Engulfing Pattern Confirming Resistance

  • Bearish Engulfing Pattern & The Star

  • Dark Cloud Cover with Bearish Engulfing Pattern

  • Evening Star Confirming Resistance

  • Falling Window Breakout

  • Falling Window & a Shooting Star

  • Rising Window Breakout

  • Rising Window with Hammer

  • Tweezers Bottom Variation

  • Tweezers Bottom & Bullish Engulfing Pattern

  • Tweezers Top & a Shooting Star

  • Old Resistance Becomes New Support

  • Old Support Becoming New Resistance

  • Falling Window Converts Old Support to New Resistance

Candlesticks with Fibonacci Levels (20 Videos) 

  • Hammer at 50% Level

  • Hammer at 61.8% Level

  • Dark Cloud Cover at 50% Level

  • Dark Cloud Cover at 61.8% Level

  • Bullish Engulfing Pattern at 38.2% Level

  • Bearish Engulfing Pattern at 61.8% Level

  • Shooting Star at 50% Level

  • Piercing Pattern at the 50% Level

  • Strong Resistance at 50% Level

  • Strength of the 61.8% Level

  • Rising Window Near 61.8% Level

  • Rising Window Near 50% Level

  • Falling Window at 50% Level

  • Old Support Becoming New Resistance at 50% Level

  • Bull Harami at 50% Level

  • Poor Reward to Risk Trade at 50% Level

  • Single Candle Retracement - Bullish Engulfing Pattern

  • Single Candle Retracement - Bearish Engulfing Pattern

  • Single Candle Retracement - Shooting Star

  • Single Candle Retracement - The Imperfect Evening Star

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