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Candlestick analysis is one of the three important parts of Uncle
Steve’s
“Tripod of Technical Analysis.” Moving averages and
momentum oscillators comprise the other two significant areas. We feel
all traders should view charts with candlesticks.
Candlesticks give you a very vivid view of supply
and demand. They present a more visual look at prices when compared to
the standard bar charts. A single candle can provide significant
information about the strength or weakness of a market. Two, three or
multiple candle formations can point to high percentage directional
positioning. Candlesticks “paint” the emotions surrounding the markets.
Once a trader acquires the skills to recognize
candlesticks and candlestick formations, they provide a visual look at
supply and demand (allowing a trader to take advantage of fear and
greed). Candles give great warning signs and can identify significant
directional changes.
For all these reasons, and more, a solid
foundation in candlesticks is essential to build a trading plan. Books
are populated with literally hundreds of useless candlestick
formations. Teach-Talk-Trade believes that there are only a dozen, or
so, significant candles or candlestick formations.
Pease join us for a seminar that
will give you a solid foundation in candlestick analysis.
“Invest” in
your trading education.
The natural
progression in taking our seminars is to take
Candlesticks,
then Moving
Averages, then
Momentum
Oscillators.
$129.95
You will be able to download
instantly after the purchase, login at the member login area, and it
will available for 24 hours
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