Level 5 - Japanese Candlesticks Trading Mastery Program

John, a smart, risk-averse trader, designs a plan-driven approach with predefined risk limits for his 9-to-5 lifestyle, pursuing disciplined, position-based trading and mentorship to achieve steady income.

Define trading boundaries by focusing on currency futures in India, trading four majors (usd, gbp, eur, jpy) with a broker and platform, using market and limit orders with stop loss.

A nine-to-five trader uses higher time frame charts (monthly to daily) and a 3-hour candle, Monday to Friday, waiting for candle closes before RSI and moving average confirmations.

Set a risk-aware starting trading capital of 100,000, withdraw 15% of quarterly profits, reinvest the rest, and adjust risk as capital grows while preserving capital on losses.

John uses candlestick charting with basic western tools, blends eastern and western technical analysis, and sticks to continuation trades; he trades positionally, avoiding intraday moves.

Define the trend across monthly, weekly, daily, and 3-hour charts by the slope of the 20-period moving average; use bullish or bearish bias to filter continuation trades and candlestick patterns.

Join the level 5 Japanese candlesticks trading mastery program to count trading opportunities across monthly, weekly, daily, and 3-hour charts, totaling 340 opportunities per month with pattern confirmations.

John's risk rules cap per-trade risk at 1% of 100k and open risk at 7%, targeting 2.5:1 reward-to-risk with price, time, and trailing stops, analyzed after candle close.

Follow a strict entry checklist using identifiable candle patterns, confirm with long-term trends and prior support, then set stop-loss, target, risk management, reward-to-risk, and position size.

Learn to monitor trades after a 1:1 risk-reward, adjust stops to lock in profit, and choose to scale back or exit near the target, using bear harami signals.

Track performance with a training journal, noting each trade’s profit or loss and key figures from the brokerage report. Aim for 1–2% weekly returns and Friday evening reviews.

Learn to manage trading psychology by trading in sample sizes, quantifying risk per trade, and keeping overall risk truly acceptable to stay emotionally balanced.

Test your trading plan with 20 sample trades, risking a defined amount, and use a disciplined checklist to determine if the strategy delivers a 2.5 to 1 reward-to-risk.

Differentiate risk capital from trading capital to manage risk. Use a comfortable percentage of risk capital and measure profits relative to risk capital, not trading capital.

Learn to compute return on risk capital and apply the reward-to-risk ratio to measure trading performance across samples. Refine your plan through a feedback loop to improve risk-adjusted returns.

Compute return on capital (ro rc) by standardizing risk per trade and reward-to-risk across sample sizes, using a 10,000 capital and 20 trades with 6 winners and 14 losers.

Keep a simple trading journal recording each trade's profit, net amount, and roic targets; assess risk capital to earn ten thousand rupees monthly with a 20k per sample risk.

Use a sample size trading loop with a training plan and checklist to test strategies, calculate return on capital, and refine through a feedback loop until accuracy is satisfactory.

Professional traders follow a structured daily trading schedule, confirming entries and exits at set times and candles, and reviewing weekly and monthly charts to plan trades across four currency pairs.

Print John’s four-page trading plan for clarity, then use it to guide consistent, profitable trading, applying it to one sample size before tweaking for the next, across twenty trades.

Use the trading plan template to define market, area, exchange, broker, platform, charting software, and instruments, then print, fill, and test it against a sample size for clarity.

Use this 20-trade template to record each trade’s asset, result, and net financial outcome, then assess if the sample size works.

Fill the return on capital template to log at least 20 trades per sample across 10 samples, compute the average ROIC of 40–50 percent, and identify future strategies.

Master risk management by understanding reward to risk and the required success rate for profitability. Adopt a 2.5 to 1 reward to risk ratio to enable a consistent win rate.

Explore the seven trader levels and how a 2.5 to 1 reward-to-risk ratio guides progress from novice to expert, emphasizing training, execution, psychology, and journaling.

Explore risk management in currency futures by understanding margins, leverage, and position sizing, including minimum volume and how thin margins enable larger positions with controlled risk.

Calculate the position risk before entering a trade by comparing entry price, stop loss, and lot size, and express risk as a percentage of trading capital.

Calculate the number of lots from a predefined risk by dividing the risk by the per-lot risk, illustrated with a long position and a stop-loss example, including brokerage effects.

Calculate how many shares to buy by dividing your predefined risk by risk per share, using the stop-loss per share to size long and short stock positions.

Compute the reward-to-risk ratio from the stop loss and target price to guide risk management and trade decisions.

Master the triple screen trading system by aligning long-term monthly trends with weekly and daily time frames, trading with the tide and ignoring ripples.

Identify and analyze trends across monthly, weekly, daily, and intraday charts for four trading vehicles, using a one-hour proxy to classify each trend as up, down, or neutral.

Analyze the monthly chart from investing dot com with the 20-period simple moving average to identify an uptrend, noting bearish engulfing and shooting star patterns, guiding which vehicle to trade.

Analyze the monthly gbp/inr chart, showing an uptrend with rising moving average and key patterns (bearish engulfing, piercing, bullish engulfing, evening star) signaling pullbacks as the rupee weakens.

Explore the monthly euro–rupee chart to identify an uptrend, bullish engulfing pattern, shooting star, bear harami, and consolidation near the 90 level as old resistance becomes new support.

Identify the uptrend on the monthly Japanese yen chart and its strengthening against the rupee. Use the 20-month moving average as support and trade with the weekly trend.

Analyze the INR weekly chart where moving averages slow, indicating a dollar downtrend against the rupee amid a monthly uptrend, signaling a pullback opportunity and potential bullish patterns after consolidation.

Identify trend strength in the British pound through bullish engulfing patterns and moving averages across monthly and weekly timeframes, and discuss pullbacks and risk if the market reverses.

On the weekly chart, Europeana breaks from a box range into an uptrend, with the moving average as support, confirmed by inverted hammer and other candlestick signals, echoing British pound.

The Japanese yen trades in a range with a flat moving average. Recognize neutral, neutral-to-bullish, and neutral-to-bearish signals and patterns like shooting star and bullish engulfing for range trading.

Analyze the daily chart of the U.S. dollar, showing a downtrend and downward moving average, and wait for a pullback to form a pattern aligned with weekly and monthly downtrends.

Analyzes the British pound daily chart to identify an uptrend amid a downtrend, using moving averages and candlestick signals, including a hammer, with multi time frame alignment and pullback trading.

On euro daily chart, a downtrend shows bearish engulfing patterns and moving average resistance. Wait for bullish signal, like a hammer, with risk-reward to trade in line with weekly chart.

Identify a neutral Japanese yen daily chart with support, signaling a range-bound outlook; seek bullish patterns to confirm the range and trade by shorting the top and buying the bottom.

Analyze intraday charts and hourly usd/inr trends, noting a downtrend confirmed by moving averages, and maintain consistency across moving average periods to guide pullbacks and shooting star signals.

Analyze the hourly chart of the British pound to identify a bullish engulfing pattern and a rising trend across all time frames, signaling a correction before possible pullback trades.

Analyze the one-hour euro/inr chart to spot intraday uptrends and trading opportunities, using moving-average slopes and candlesticks, while updating four values daily and weekly.

Follow intraday Japanese yen analysis using bearish and bullish engulfing patterns, moving averages, and support levels to trade continuation trades within a daily trend and a triple-screen framework.

Identify pullback trade setups on weekly and monthly charts, using resistance turning into support and hammer patterns to enter long with favorable reward-to-risk, while monitoring monthly trend and moving averages.

Spot intraday pullbacks meeting resistance in a daily downtrend, using bearish patterns like bearish engulfing to enter short. Target support levels for a favorable reward risk setup.

Apply a strict entry checklist to trading scenarios: identify candle patterns, confirm the long-term trend, and assess entry, stop loss, target, and reward-to-risk. Focus on rejecting trades, not forcing them.

Identify a downtrend and three-hour bearish signals, using a bearish engulfing pattern and falling window resistance to plan entry, stop, and target while applying a 2.5 to 1 reward-to-risk rule.

Identify bullish engulfing patterns on the three-hour GBP chart within the daily uptrend. Assess resistance windows, chart confirmation, price targets, barriers, and reward-to-risk to decide trades.

Analyze three-hour currency charts to confirm a daily euro downtrend with a falling window breakout, and determine entry, stop-loss above the window high, and risk considerations.

Spot a bullish engulfing setup on the Japanese yen after an inverted hammer, with a confirmed support zone and neutral trend, offering risk-reward over 2.5 to 1 and multiple confirmations.

apply the triple screen trading system to daily and weekly charts of major currency pairs, identify dark cloud cover and downtrends, confirm signals, and reject trades with poor reward-to-risk ratios.

Analyze the weekly uptrend of the British pound and bullish engulfing patterns on the daily GBP INR futures, confirm prior support, and reject trades without confirmation or favorable reward-to-risk.

Review the weekly euro chart for bullish potential, then analyze the daily time frame to find no candle patterns, a box range, and a rejected trade.

Examine the weekly neutral trend of the Japanese yen and look for daily bullish patterns, such as hammer or bullish engulfing, to trade with favorable reward-to-risk.

Review weekly charts aligned with the monthly uptrend, highlighting bullish patterns like bullish engulfing. Do not trade inverted hammer setups without confirmation; wait for a weekly bullish signal.

Identify weekly futures chart setup on the British pound using an inverted hammer and bull harami with confirmed prior support, detailing entry, stop loss, and a 2.5 to 1 reward-to-risk.

Explain a weekly trading scenario on a monthly uptrend using an inverted hammer, with confirmation at a window support, a defined stop loss, and a favorable risk-reward setup.

Explore multi-timeframe analysis of the Japanese yen using weekly, monthly, daily, and three-hour charts; identify bullish engulfing or piercing patterns, assess support, and optimize risk-reward while rejecting weak trades.

Lisa, who runs an online business, focuses on intraday stock trading during market hours to seek consistent income, spending 30 hours a week without holding positions, avoiding futures and options.

Master intraday stock trading in India on NSE and BSE using top-100 liquid stocks, with discount broker Xeloda, market and limit orders, stop losses, and 15-minute candles.

Combine eastern and western technical analysis with candlesticks and pivot points to form a trading system that emphasizes intraday pivots, careful entry strategies, and trading with the long-term trend.

Define trend with the 20-period simple moving average to set bullish, bearish, or neutral bias on the 15-minute intraday chart, then confirm with the daily trend and candlestick patterns.

Identify 500 monthly trading opportunities from 25 daily 15-minute candles across five shortlisted stocks. Trade roughly one percent of candles, staying within your trading plan for selective, actionable opportunities.

Cap risk at 1% per trade, including brokerage, and keep risk under 7% of capital, with Liz targeting 1.5 to 1 reward to risk using price drops and time stops.

Follow the entry system by identifying a 15-minute candle pattern, confirm daily trend, set period levels, and determine entry, target, stop loss, and position size with risk management, then monitor.

Master pivot points, including central pivot, supports S1-S3 and resistances R1-R3, calculated from the previous day’s high, low, and close, for intraday price targets.

After the close, scan 100 daily charts for candle patterns, narrow to three stocks aligned with the 20-day moving average, then trade on 15-minute charts and exit by 3:50 pm.

Monitor every trade actively after entry, exiting on intraday price targets or candlestick signals such as bare harami or shooting star, and scale back near target, exiting by 3:15 pm.

Track performance with simple daily journaling of each trade, noting the possession box, profit or loss, and amount. Review weekly for errors, improvements, and boundary adherence, targeting 1–2% weekly return.

Learn how she manages trading psychology with a 20-trade sample and a fixed 500-rupee risk, applying tailored intraday size and a rule for three consecutive losing trades.

Apply RoRC rules to Lisa's trading plan, noting the adjusted reward-to-risk ratio and using a 20-day sample to estimate net PnL and required starting capital.

This course teaches a disciplined daily trading schedule around 15-minute candlesticks, with end-of-day shortlist during market hours after 3:30 pm and weekly performance review to optimize return on energy.

Learn the shortlisting process for intraday trading using Japanese candlestick patterns on daily charts, filtering top 100 liquid stocks, assessing 20-day sma trend, and narrowing to 2–3 tradable ideas.

Shortlist 13 stocks from 100 by analyzing daily candle patterns against the 20-day moving average and its slope in a downtrend, splitting the last candle into 15-minute intervals for review.

Analyze candlestick patterns and moving-average trends to identify neutral, bullish, or bearish signals for intraday stock selection, and choose two suitable candidates from thirteen.

Assess stock setups with candlestick patterns such as bullish and bearish engulfing, dark cloud cover, hammer, within uptrends or downtrends, using moving average support and resistance for trade selection.

Trade intraday long setups in an uptrend using rising windows and bullish engulfing and piercing patterns with moving average support, while assessing liquidity and spread before entry.

Lupin's intraday analysis uses a neutral-to-bearish view and a bearish engulfing pattern to justify a short setup on the 15-minute chart, with pivot points guiding the resistance.

In intraday trading on the 15-minute chart, a bullish bias forms after breaking R1 and turning it into support; evaluate a long entry with a stop below R1.

Analyze intraday stock trading using 15-minute candles and pivot points to identify bullish setups, confirm with resistance levels, and manage risk by trading only when stock confirms the bullish view.

Compare John and Lisa's trading plans to tailor your strategy, choosing markets, timeframes, and testing with sample sizes of 20. Apply elimination, reward-to-risk, and monitoring to build a personal plan.

Compare John's futures intraday plan as a side income with Lisa's full-time stock strategy, highlighting time, margins, leverage, rollover costs, and a chart-based no-news approach.

Compare John's forex multi-timeframe candlestick checks with Lisa's intraday stock scanning to illustrate how trading plans manage volatility, risk, and feedback through sample sizes.

Trade with a price stop loss and pre-determine risk and price targets, then follow a fixed plan through a sample size without mid-sample changes to maintain concentration.

Monitor trades at predetermined intervals and limit indicators to three on a candlestick chart, focusing on price action, candlestick patterns, and support and resistance.

Execute every system signal with discipline and assess results after each sample size. Scale back near price targets if candles signal caution, and trade cautiously in uncertain markets.

Follow the trend and adapt to market changes, avoid weekend and news-based trades, and trade within predefined boundaries using a big screen checklist where price tells all.

Level five emphasizes trading psychology, disciplined adherence to a trading plan with psychologically acceptable risk, minimal indicators, and treating trading as a business with stop loss and price target.

Read four foundational books: the new trading for a living, the Japanese candlesticks charting techniques, reading in the zone, and the discipline, to build a robust trading plan and psychology.