Mastering Candlestick Charting : High Probability Trading

Identifying High Probability Trading Opportunities and Maximizing Profits using Candlesticks
4.9 (12 ratings)
Instead of using a simple lifetime average, Udemy calculates a
course's star rating by considering a number of different factors
such as the number of ratings, the age of ratings, and the
likelihood of fraudulent ratings.
103 students enrolled
Instructed by SomaSys Research Business / Finance
$40
Take This Course
  • Lectures 35
  • Length 2 hours
  • Skill Level All Levels
  • Languages English
  • Includes Lifetime access
    30 day money back guarantee!
    Available on iOS and Android
    Certificate of Completion
Wishlisted Wishlist

How taking a course works

Discover

Find online courses made by experts from around the world.

Learn

Take your courses with you and learn anywhere, anytime.

Master

Learn and practice real-world skills and achieve your goals.

About This Course

Published 9/2015 English

Course Description


~~ THERE IS NO COUPON REDEMPTION. WE ARE SORRY. ~~


Knowing candlestick pattern is necessary, but knowing how to trade them effectively is essential. Most traders fail to profit from candlestick analysis on account of analytical error. Understandably they do not recognize which patterns to trade and which ones to avoid. It's critical to understand the positioning of patterns.

How would you then manage to generate income from the forex, equity or any other tradable liquid market?

This course is designed to handle such situation, and that you understand the importance of correct use of candlestick analysis. This course is designed for students of all levels. The training course comprises 35 lectures and more than 2 hours of content!

In this training course, I am going to show how you can make candlestick analysis reliable and profitable. I am going to teach you how to make consistent profit trading Forex, stocks or any other tradable markets. You will learn how to recognize a high-probability and profitable trade setup than your contemporaries.

You will be able to win more trades and make greater profits. I will teach you which trades to take, when to execute, and that would incorporate the precise way to enter and exit every trade.

When you are done with this course, Mastering Candlestick Analysis, you will be able to:

  • Confidently evaluate the quality of the trade setups; automatically filter out bad trades!
  • Dexterously and effectively trade the candlestick patterns
  • Recognize low-risk high-probability opportunity, and not just take random trades
  • Ascertain Risk/Reward Ratio favourability for the trade setups
  • Know the maximum risk amount on each and every trade before entering them


What are the requirements?

  • Willingness to learn
  • Passionate about trading

What am I going to get from this course?

  • Unleash the power of Candlestick
  • Learn to identify Candlestick patterns
  • Develop and master Candlestick Chart reading skills
  • Identify High Probability Trading Opportunities
  • Learn how to Maximize Profits
  • Overcome Mistakes and Misconceptions

What is the target audience?

  • Anyone passionate about trading Forex, Equities, Commodities and Bonds
  • Traders who desire to add candlestick charting tool in their trading arsenal
  • Traders interested in learning how and when to trade Candlestick Patterns

What you get with this course?

Not for you? No problem.
30 day money back guarantee.

Forever yours.
Lifetime access.

Learn on the go.
Desktop, iOS and Android.

Get rewarded.
Certificate of completion.

Curriculum

Section 1: INTRODUCTION TO CANDLESTICK CHARTING
05:29

Why you should be learning this.
How will you benefit from this course.
Misconceptions and the reasons.

02:30

Difference between candlestick chart and bar chart.
What makes candlestick charting superior.

02:09

In this session you will know the elements required to draw a candlestick chart;
Interpret bullishness or bearishness of a candle.

04:37

In this section you will understand the basic candlestick lines formation.
These lines form a base for Bullish and Bearish patterns.

02:37

How Forex market is different from Equity market if you have to use Candlestick charting.
Understand how candlestick analysis can be applied and interpreted on Forex.

8 questions

Test your basics before you go ahead!

Section 2: BULLISH REVERSAL PATTERNS
02:04

This section discusses the requirements that will help you to identify a Hammer pattern, and how this pattern will look like on a real chart.

02:10

This section discusses the requirements that will help you to identify a Bullish Engulfing pattern, and how this pattern will look like on a real chart.

02:11

This section discusses the requirements that will help you to identify a Bullish Harami pattern, and how this pattern will look like on a real chart.

02:59

This section discusses the requirements that will help you to identify a Piercing Line pattern, and how this pattern will look like on a real chart.

02:41

This section discusses the requirements that will help you to identify a Morning Star pattern, and how this pattern will look like on a real chart.

01:58

This section discusses the requirements that will help you to identify a Morning Doji Star pattern, and how this pattern will look like on a real chart.

01:36

This section discusses the requirements that will help you to identify an Abandoned Baby Bottom pattern, and how this pattern will look like on a real chart.

01:22

This section discusses the requirements that will help you to identify a Bullish Tri Star pattern, and how this pattern will look like on a real chart.

01:28

This section discusses the requirements that will help you to identify a Bullish Belt Hold pattern, and how this pattern will look like on a real chart.

01:36

This section discusses the requirements that will help you to identify a Three White Soldiers pattern, and how this pattern will look like on a real chart.

01:36

This section discusses the requirements that will help you to identify a Bullish Kicker pattern, and how this pattern will look like on a real chart.

01:48

This section discusses the requirements that will help you to identify a Tweezer Bottom pattern, and how this pattern will look like on a real chart.

8 questions

Will help you in identifying how well you know the bullish patterns.

Section 3: BEARISH REVERSAL PATTERNS
02:07

This section discusses the requirements that will help you to identify a Shooting Star pattern, and how this pattern will look like on a real chart.

02:32

This section discusses the requirements that will help you to identify a Bearish Engulfing pattern, and how this pattern will look like on a real chart.

02:16

This section discusses the requirements that will help you to identify a Bearish Harami pattern, and how this pattern will look like on a real chart.

02:11

This section discusses the requirements that will help you to identify a Dark Cloud Cover pattern, and how this pattern will look like on a real chart.

02:10

This section discusses the requirements that will help you to identify an Evening Star pattern, and how this pattern will look like on a real chart.

01:42

This section discusses the requirements that will help you to identify an Evening Doji Star pattern, and how this pattern will look like on a real chart.

01:30

This section discusses the requirements that will help you to identify an Abandoned Baby Top pattern, and how this pattern will look like on a real chart.

01:23

This section discusses the requirements that will help you to identify a Bearish Tri Star pattern, and how this pattern will look like on a real chart.

01:28

This section discusses the requirements that will help you to identify a Bearish Belt Hold pattern, and how this pattern will look like on a real chart.

01:32

This section discusses the requirements that will help you to identify a Three Black Crows pattern, and how this pattern will look like on a real chart.

01:11

This section discusses the requirements that will help you to identify a Bearish Kicker pattern, and how this pattern will look like on a real chart.

01:50

This section discusses the requirements that will help you to identify a Tweezer Top pattern, and how this pattern will look like on a real chart.

8 questions

Will help you in identifying how well you know the bearish patterns.

Section 4: ENHANCING PROFITABILITY AND PROBABILITY
12:07

This section reveals techniques to enhance probability of success;
Serves as a guide on how to make Risk/Reward Ratio favorable;
Make you understand briefly how you can increase the profitability for a setup.

17:51

Understand in depth how you can increase the profitability for a setup.
Case studies on how to improve the profitability factor.

07:14

Understand in depth how you can enhance the probability of success for a pattern.
Case studies on how to improve probability success.

Section 5: TRADING CANDLESTICK PATTERNS
08:55

Case Studies

When and where to Enter a trade
Where to place your Stop
How to determine Target level

13:22

Case Studies

When and where to Enter a trade
Where to place your Stop
How to determine Target level

11:47

Case Studies

When and where to Enter a trade
Where to place your Stop
How to determine Target level

10 questions

This quiz is on the setup enhancements and knowing the trading parameters.

Students Who Viewed This Course Also Viewed

  • Loading
  • Loading
  • Loading

Instructor Biography

SomaSys Research, Financial Market Advisors

Nishant Somani, is the man behind SomaSys Financial Research – an advisory and consulting company involved in Forex Managed Accounts, Equity Outsourcing & Advisory, and Forex Risk Consulting services. He has more than 10 years of experience in the financial market as a professional trader and developer of various futures and commodity trading systems & techniques.He is qualified as MSc Finance and holder of the Chartered Market Technician (CMT) designation awarded by the MTA. He is also an occult science practitioner having specialized in Mercantile segment. An ardent researcher, he has methodical techniques and has developed investment tools so as to trade all market conditions. His career began as a trader, and has traded variety of financial instruments - Equities, Stock & Index futures, Commodities and FX.

Ready to start learning?
Take This Course