Udemy
    •  
    •  
    •  
    •  
    •  
    •  
    •  
    •  
Turn what you know into an opportunity and reach millions around the world.
Learn More
Your cart is empty.
Keep shopping
The Secrets Candlesticks Reveal
Rating: 4.3 out of 5(13 ratings)
60 students

The Secrets Candlesticks Reveal

Learn to read the Hidden Messages in a Japanese Candlestick Chart
Last updated 6/2023
English

What you'll learn

  • How to use Japanese Candlestick Charting technique for profitable trades
  • Information hidden in a candlestick
  • How to read the candlestick chart
  • When to Buy, When to Sell
  • How to Determine the Stop Loss Levels
  • What two or more candlesticks reveal when taken together

Course content

4 sections17 lectures3h 0m total length
  • Introduction to Japanese Candlesticks16:05

    Learn how Japanese candlesticks reveal price action by detailing each candle’s opening, high, low, and closing prices, and distinguish bullish and bearish candles within the chosen time frame.

  • Types of Candlesticks6:48

    Explore how candlesticks classify by body size and shadows, compare with the previous candle, and identify bullish, bearish, spinning tops, long-bodied candles, and doji to gauge momentum and uncertainty.

  • What a Doji indicates?11:15
  • The Bald Candles (Shaven Head or Marubozu)8:16

    Explore marubozu candlesticks, six patterns from full white to closing black, and how their lack of shadow signals strong bullish or bearish moves and guides trades.

Requirements

  • No prior understanding of the subject required

Description

Candlestick Charts is a very powerful tool in the hands of a trader. Unfortunately, it is often misunderstood by many. Sticking to copybook patterns rarely helps. A good chart reader can see many more things that the average traders miss. There are subtle hints that candlestick chart gives, but only if you know what to look into the chart, then you can notice them. Otherwise, you are more likely to make mistakes, and lose money. This course educates you about different types of candlesticks, how to read them correctly, what they indicate etc.

Use of animations wherever possible and a large number of examples from real charts makes it easy to understand different patterns, formations, their variations, and how do they indicate the change of power from the hands of the bulls to the bears or vice versa. Moreover, there is a special tool unknown to many, called as the blending of candlesticks. Many traders are unaware of this powerful tool. In this course, along with many other videos,  you will find an exclusive video on blending of candlesticks. Paired with animation, this will help you better understand how blending works, and how a trader can understand possible reversals as soon as the signal appears on the chart, directly or indirectly.

You should definitely learn this powerful technique as it can make a huge difference between the loss and the profit, making you a much better trader


Who this course is for:

  • Beginners in stock trading