Level 12 - Japanese Candlesticks Trading Mastery Program

Deep Dive into the Candles with ADX

What you'll learn

Why the ADX is Crucial to Your Trading Success Rate Enhancement

How to Use ADX to Filter Out the Bullish & Bearish Divergences Identified by the RSI

How to Use ADX to Filter Out the Bullish & Bearish Pullbacks Identified by the Bollinger Bands

How to Use ADX to Filter Out the RSI Upside & Downside Breakout Trades

How to Use ADX to Filter Out the Price Upside & Downside Breakout Trades

Learn the ADX Bull Line & Bear Line Trades to Enter the Market at the Right Time

How to Precisely Time the Full Exit from a Position After a Prolonged Trend Using the ADX

Learn the Dynamics of the Sleeping Giant Trade Setup Using ADX

Requirements

You must have the Willingness to Learn & Study

You must have an Open Mind to New Concepts

You must be Willing to Question Your Existing Beliefs About the Markets & Candle Patterns

You must preferably do Level 1 to 11 of my Japanese Candlesticks Trading Mastery Program

Description

All the Levels of The Japanese Candlesticks Trading Mastery Program are designed to help you : Learn How to Trade Stocks, Forex & Commodities Using Candlesticks & Technical Analysis to Become a Professional Trader–-This is going to be more like a sequel to level 10 and 11, in a sense that, we are going to build on what we have already learnt in level 10 and 11.In Level 10, we looked at all the ways of using the Bollinger Bands.In Level 11, we combined Bollinger Bands, RSI and Candles to generate powerful trade setups.Now, what if I told you that, there is something called as directional movement, which allows you to identify, whether you should be trading a particular market or not, at that very moment.And this is extremely powerful.Before even we apply the Bollinger Bands & RSI to the chart, would it not make sense to figure out if that market is worth trading or not, at that moment?That's where the directional movement system comes in.It is also called as the ADX (Average Directional Index).Hence, this course is going to be a deep dive into the ADX.The ADX, when you first look at it, looks very complicated.However, I can tell you from my experience that, there is nothing that is simpler than the ADX.There is nothing that is easier than the ADX indicator.I would say, it is easier than RSI, inspite of the fact that the ADX has three lines, and RSI has got only one. I will discuss that in the course.The mathematics behind the ADX is far more complex than that of the RSI, but the application of the ADX lines are far easier than that of the RSI.Now, a combination of Bollinger Bands, Candlesticks, RSI and ADX, is a very powerful way to build your own trading system.So, we will use the Bollinger Bands to identify whether we are getting into a continuation or a reversal trade.Then we use RSI and Candlesticks to support our view on the market.And then we will use the ADX, as a filter on the market, to weed out the unwanted markets.That's the general process we will follow, and we will see multiple chart examples of this.Here the sub-topics covered in the course: [14 sections] IntroductionIntroductionBook Recommendations  The BasicsThe ADX & DMI LinesThe Market DominationThe Market TakeoverThe Overheated MarketThe Sleepy MarketThe Key ADX LevelSummary of the BasicsFiltering the Bullish DivergencesThe Bullish Divergence Foreseen by the ADXThe Importance of the ADX FilterThe W Bottom with ADX FilterIdentifying the Correct Bottom using ADX FilterThe Falling ADX with a Rising Window  Filtering the Bearish Divergences The Two Hanging Man CandlesThe Falling Window Coinciding with a Declining ADX The Decline of ADX from the Top The Shooting Star & a Falling Window  The Star at the Top  Filtering the Bullish Pullbacks  The Power of the Simple Moving AverageThe Turn of the Upper BandThe Importance of Adapting to Market ConditionsThe No-Brainer Trade SetupLet Go of this 50+ ADX TradeFiltering the Bearish PullbacksA Classic Bearish Pullback TradeThe Falling Window ContinuationThe Importance of a Filtering CriteriaLet Go of this 40+ ADX Trade The Importance of a Correct Stop Level Filtering the RSI Upside BreakoutsThe Small Rising Window Upside BreakoutThe High Wave Green Candle BreakoutThe Tall Green Real BodyThe End of a DowntrendThe Price Confirmation of a Piercing PatternFiltering the RSI Downside Breakouts The Multi-Tested UptrendThe Death Blow BreakoutThe Correct Angle of a Price TrendlineThe Tall Red Real Body CandleThe Decisive CandleFiltering the Price Upside Breakouts The Simplest of all Trade SetupsThe Non-Confirmation from the ADX at a BreakoutA Strong Up MoveThe Breakout After a Long ConsolidationThe Importance of ADX StrengthFiltering the Price Downside Breakouts The Shaven Head Shaven Bottom CandleThe Falling ADX at a Downside Breakout The Rising ADX at a Downside Breakout The Downside Breakout with a Clear WeaknessThe Falling Window Breakout of a Support The Bull Line Trade with ADX The Rising Window Confirmed by the Rising ADXThe Strong Bullish MomentumThe Crucial Importance of Few Windows on a ChartThe Rising MomentumThe Decisive Upside PushThe Bear Line Trade with ADXFollowing Along with the ADX StrengthThe Hidden Trading OpportunityYou Will Miss Some Great OpportunitiesChoosing the Correct Falling WindowRiding the ADXTiming the Exit of a PositionThe Logic Behind the Early Full ExitRespecting the Signal by the ADXSave Time with the ADX WarningThe Major Trend has StumbledThe ADX Downtick at the DojiThe Sleeping GiantWait for the Trend to EmergeThe ADX Crossing the 20 LevelExit Using the Candle PatternsNo Signal to TradeThe Correct Positioning of the Stop Loss LevelLearn concepts that apply to any type of trading. If you know how to read one chart, you can read them all. This course through its various levels will help you understand this unique and most primitive technique of trading. The Japanese Candlesticks Trading Mastery Program can be applied in any or all of the following areas of work :Forex Trading / FX Trading / Currency Trading Stock Trading Commodity Trading Options Trading Futures Trading Intraday Trading / Day Trading Positional Trading  Swing Trading Technical Analysis of Stocks, Commodities & CurrenciesPrice Action Trading Chart Pattern Analysis Cryptocurrency Trading Standard Disclaimer : The material presented here is for educational purposes only. Please do proper due diligence. There are risks involved in markets. Returns are never guaranteed. The Japanese Candlesticks are a tool, not a trading system. However, they can be used for any timeframe, any asset class (stocks, commodities & currencies) and any financial instrument (spot, futures & options). The principles discussed in this course are applicable to any market in the world, provided the price information is accurate and is coming from a reliable source. This course is not about which broker you should use or how to use your respective broker platform. This course is about educating you on Japanese Candlesticks in detail so that you can apply these principles in your own market and in your own trading style and timeframe.

Overview

Section 1: Introduction

Lecture 1 Introduction

Lecture 2 Book Recommendations

Section 2: The Basics

Lecture 3 The ADX & DMI Lines

Lecture 4 The Market Domination

Lecture 5 The Market Takeover

Lecture 6 The Overheated Market

Lecture 7 The Sleepy Market

Lecture 8 The Key ADX Level

Lecture 9 Summary of the Basics

Section 3: Filtering the Bullish Divergences

Lecture 10 The Bullish Divergence Foreseen by the ADX

Lecture 11 The Importance of the ADX Filter

Lecture 12 The W Bottom with ADX Filter

Lecture 13 Identifying the Correct Bottom using ADX Filter

Lecture 14 The Falling ADX with a Rising Window

Section 4: Filtering the Bearish Divergences

Lecture 15 The Two Hanging Man Candles

Lecture 16 The Falling Window Coinciding with a Declining ADX

Lecture 17 The Decline of ADX from the Top

Lecture 18 The Shooting Star & a Falling Window

Lecture 19 The Star at the Top

Section 5: Filtering the Bullish Pullbacks

Lecture 20 The Power of the Simple Moving Average

Lecture 21 The Turn of the Upper Band

Lecture 22 The Importance of Adapting to Market Conditions

Lecture 23 The No-Brainer Trade Setup

Lecture 24 Let Go of this 50+ ADX Trade

Section 6: Filtering the Bearish Pullbacks

Lecture 25 A Classic Bearish Pullback Trade

Lecture 26 The Falling Window Continuation

Lecture 27 The Importance of a Filtering Criteria

Lecture 28 Let Go of this 40+ ADX Trade

Lecture 29 The Importance of a Correct Stop Level

Section 7: Filtering the RSI Upside Breakouts

Lecture 30 The Small Rising Window Upside Breakout

Lecture 31 The High Wave Green Candle Breakout

Lecture 32 The Tall Green Real Body

Lecture 33 The End of a Downtrend

Lecture 34 The Price Confirmation of a Piercing Pattern

Section 8: Filtering the RSI Downside Breakouts

Lecture 35 The Multi-Tested Uptrend

Lecture 36 The Death Blow Breakout

Lecture 37 The Correct Angle of a Price Trendline

Lecture 38 The Tall Red Real Body Candle

Lecture 39 The Decisive Candle

Section 9: Filtering the Price Upside Breakouts

Lecture 40 The Simplest of all Trade Setups

Lecture 41 The Non-Confirmation from the ADX at a Breakout

Lecture 42 A Strong Up Move

Lecture 43 The Breakout After a Long Consolidation

Lecture 44 The Importance of ADX Strength

Section 10: Filtering the Price Downside Breakouts

Lecture 45 The Shaven Head Shaven Bottom Candle

Lecture 46 The Falling ADX at a Downside Breakout

Lecture 47 The Rising ADX at a Downside Breakout

Lecture 48 The Downside Breakout with a Clear Weakness

Lecture 49 The Falling Window Breakout of a Support

Section 11: The Bull Line Trade with ADX

Lecture 50 The Rising Window Confirmed by the Rising ADX

Lecture 51 The Strong Bullish Momentum

Lecture 52 The Crucial Importance of Few Windows on a Chart

Lecture 53 The Rising Momentum

Lecture 54 The Decisive Upside Push

Section 12: The Bear Line Trade with ADX

Lecture 55 Following Along with the ADX Strength

Lecture 56 The Hidden Trading Opportunity

Lecture 57 You Will Miss Some Great Opportunities

Lecture 58 Choosing the Correct Falling Window

Lecture 59 Riding the ADX

Section 13: Timing the Exit of a Position

Lecture 60 The Logic Behind the Early Full Exit

Lecture 61 Respecting the Signal by the ADX

Lecture 62 Save Time with the ADX Warning

Lecture 63 The Major Trend has Stumbled

Lecture 64 The ADX Downtick at the Doji

Section 14: The Sleeping Giant

Lecture 65 Wait for the Trend to Emerge

Lecture 66 The ADX Crossing the 20 Level

Lecture 67 Exit Using the Candle Patterns

Lecture 68 No Signal to Trade

Lecture 69 The Correct Positioning of the Stop Loss Level

Section 15: Download the Presentation

Lecture 70 Download the Presentation

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