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Learn to trade Candlestick Patterns
Rating: 4.4 out of 5(439 ratings)
1,504 students

Learn to trade Candlestick Patterns

Top training on using Japanese candlesticks to anticipate market turns before they occur
Last updated 8/2016
English

What you'll learn

  • Interpret Japanese Candlesticks like they were intended to be used
  • Recognize the most profitable candlestick patterns
  • Recognize trading sentiment even if there is not a specific pattern
  • Understand the "story" of trade sentiment behind the candlestick
  • Recognize early reversal signals warning of a trend change

Course content

2 sections22 lectures1h 34m total length
  • Introduction10:27
  • Candlestick Basics6:53

    Explore candlestick basics, including how opening and closing prices shape candle color, and how single candles reveal bulls versus bears within daily sentiment, and location matters for interpretation.

  • Single Line Candles3:58
  • Spinning Tops & High Waves4:30
  • Hangman4:20
  • Shooting Star3:39
  • Hammer3:43
  • The Doji4:27
  • Long Day Candles4:33
  • Defining a Swing3:37
  • Action Steps1:14

    Practice identifying single candle lines on stocks, assess their location on the chart, and continue virtual trading to reinforce candlestick patterns and prepare for reversal and continuation lessons.

Requirements

  • Students should already have a working knowledge of the stock market before taking this class
  • A general knowledge of technical analysis is very beneficial
  • Ideally students will have already taken "Foundations of Stocks and Options" from TradeSmart University (available on udemy)

Description

In this course, you will learn the secrets of Japanese Candlesticks that have only recently been made available to western traders.  Here you will learn how to identify and interpret candlestick patterns the way the Japanese rice traders used them more than 200 years ago.  With this training, you can better anticipate market turns, pivot areas, bullish and bearish sentiment, and most importantly, make more money!


This training is brief (less than 4 hours) yet it includes all of the major candlestick patterns as well as general training on how candlesticks work.  It even includes a special lecture recorded from a live webinar of "candlestick identification" in action!  


You should take this course if you are interested in adding candlesticks to your technical analysis "tool bag".  It will help you:

• Get into trades sooner

• Get out of trades sooner

• Trade with more confidence

• Add to your general indicator analysis

• Get the most up-to-date sentiment signals


If you are a technical analysis skeptic, or if you only place long term trades and do not work on perfecting your market timing, this course is not for you.  

Who this course is for:

  • This course is for traders who want to develop better tools for fine tuning entries and exits
  • Traders who already have some experience with technical analysis
  • Traders who want to better understand trading sentiment
  • This course is not for long term traders
  • This course is not for fundamental or value vesting traders