ChartGuys – Essential Candlesticks Trading
Did you know the market speaks through candlesticks?
Every single trade across the market is tracked and represented in the charts through candlesticks. Individual candlesticks show you the entire range of market action within a specific timeframe. Each candlestick contains powerful information that can be used to determine what the market is doing, thinking, and most importantly, what it may do in the future.
Essential Candlesticks Trading will teach you everything you need to know to get started with Candlestick Analysis.
Candlesticks tell us what the market is thinking and what it is preparing to do next.
Either you understand what the candles are saying, or you are trading blind.
Understanding the importance of Market Psychology is one of the most important fundamental skills you can have as a trader.
At the Chart Guys, this is one area we find impacts traders of all skill levels, from those who are just starting to read charts to 10-year veterans making a living trading high volatility options.
If you can read the market, you can react to price action as it develops.
We have developed this course in order to help our members understand the methodology behind analyzing the basics of candlestick analysis and market psychology.
Essential Candlesticks Trading will help you understand what the market is doing, thinking, and what may be around the corner.
What You’ll Learn In Essential Candlesticks Trading?
In Essential Candlesticks Trading’s 16 modules you will learn:
- Why studying candlesticks is critical for success.
- Develop your own ability to observe and react to market trends and changes.
- Develop an understanding of Market Psychology and how this phenomenon influences price action.
- Differentiate between different types of Charts and understand the meaning behind individual variations.
- Recognize, interpret, and act upon 40 different candlestick patterns.
- Leverage key candlestick patterns, a powerful highly visual trading methodology that can be used to validate all of the techniques taught in this course.
Course Curriculum
MODULE 1: Intro
- Introduction to Essential Candlesticks
MODULE 2: Why Study Candlesticks?
- Why Study Candlesticks?
MODULE 3: The Art of Observation
- The Art of Observation
MODULE 4: Market Psychology
- Pyschology of a Candle
MODULE 5: Advanced Chart Dynamics
- Liquid vs Illiquid Charts
- Penny Stocks Vs. Indices
- Continuous vs Non Continuous
- Extended Hours
MODULE 6: Introduction to Basic candles
- Basic Candles
- Module Structure & Goals
MODULE 7: Bullish Single Candle Patterns
- Intro to Bullish Single Candle Patterns
- Hammer
- Inverted Hammer
- Belt Hold
MODULE 8: Bullish Two Candle Patterns
- Intro to Bullish Two Candle Patterns
- Harami
- Harami Cross
- Homing Pigeon
- Matching Low
- Piercing
- Meeting Line
- One Green Soldier
- Engulfing
- Kicking
MODULE 9: Bullish Three Candle Patterns
- Intro to Three Candle Patterns
- Morning Star
- Morning Doji
- Abandoned Baby
- Two Rabbits
- Downside Gap 2 Rabbits
- Deliberation Block
- Descent Block
- 3 Green Soldiers
MODULE 10: Bearish Single Candle Patterns
- Intro to Bearish Single Candle Patterns
- Hanging Man
- Shooting Star
- Belt Hold
MODULE 11: Bearish Two Candle Patterns
- Intro to Bearish Two Candle Patterns
- Harami
- Harami Cross
- Doji Star
- Matchin High
- Descending Hawk
- Meeting Line
- Dark Cloud Cover
- One Black Crow
- Kicking
- Engulfing
MODULE 12: Bearish Three Candle Patterns
- Intro to Bearish Three Candle Patterns
- Advance Block
- Deliberation Block
- Evening Star
- Evening Doji
- Abandoned Baby
- Two Crows
- Three Black Crows
MODULE 13: Investigating Candlesticks
- Not all Candles created Equally
MODULE 14: Applied Candlestick Analysis
- SPY 5M – Spinning Top Dragonfly Doji
- SPY 15M – Shooting Star
- SPY 5M – Hammer into Consolidation
- CGC 5M – Hanging Man
- SPY 2 Min – 3 Black Crows into Doji
- ES1 Futures 5min – Bullish Hammer
- DXY 5min – Hanging Man
- CGC 5 – Spinning Bull Engulfing
- WJA 5M – Doji spinning top
- XLK 15/5 – Signs of Reversal into FOMC
MODULE 15: Path of Education
- Where to go from here?
MODULE 16: Summary
- Course Conclusion
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