December 16, 2017

Swing Trading With Candlesticks

Swing Trading with CandlesticksThe recent market action has not been kind to long term investors with prices going up and mostly right back down again. But to the swing trader this market volatility has really been nice to trade. Long term holders have seen little increase or worse in their portfolios while the swing trader has been able to take advantage of the ups and downs the market has given us.

Here at Candlestick Trading for Maximum Profits we have been able to take advantage of these price swings to profit both long and short. Candlesticks, coupled with our unique trading system, have really been successful trading these market moves. While candlestick reversal patterns are a great tool to find changes in trends for the longer term trader to ride out they really shine when used to swing trade. [Read more…]

Video – Candlestick Charting and Swing Trading

Candlestick Charting VideoIf you were to ask most buy-and-hold traders they would tell you the markets have done very little in the last few months and they probably have seen very little profit. With the ups and downs we’ve seen in the markets it may seem like there has been little profits to be made. A swing trader would tell you a completely different story. A swing trader lives by market volatility and the more volatile the better!

Candlestick charts are probably one of the best tools a swing trader can have in their arsenal. Coupled with our trading system, candlestick patterns allow the trader to enter a trade much earlier than traditional methods of swing trading. Watch as I demonstrate our methods of swing trading in the following video. [Read more…]

Candlestick Charting – Why We Misunderstand

So you’ve decided to use candlestick charts and are searching for information to learn the trading methods of candlestick charting. You’ve found lots of information on the web, most giving you the same information you’ve seen many times before and you are beginning to wonder if anyone really knows how to properly and profitably use candlestick charts much less teach it. Maybe you plot your charts using candlesticks because of the visual appeal and the ease of interpreting the daily candles but you really don’t know how to rely on candlesticks to make your trading decisions. This article explains why many traders begin to use candlestick charts and give up without gaining the benefit valid candlestick patterns can give.

The first mistake most traders make when using candlestick charts is assuming that every reversal pattern that forms on the chart will lead to a reversal. This is simply not true! In fact, for every candlestick reversal pattern that signals a reversal there is an average of four that will give an invalid signal. Not a very good probability is it? Candlestick charting and trading on valid signals is an extremely profitable method of trading but reliable information explaining the techniques are very rare. [Read more…]