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