Price Action Made Easy

Learn to trade Forex and Crypto with Japanese Candlestick Patterns

What you'll learn

Be able to understand what the market is doing

Confidently read Japanese Candle sticks

Identify key candle stick patterns for Crypto, Forex, stock and futures

Understand japanese candle sticks and how to affectively use them

Have a full understanding of how Forex Market works

Know the main Forex Sessions and recognize the best time to trade

Analyze price movements in a logical way

Manage the risk to protect your money

Avoid mistakes that most traders make or have made in their career

Discern strong Candlestick Patterns from weak ones

Read different types of Forex charts

Choose the perfect Time Frame for your Trading

Analyze price movements in a logical way

Understand how to use Japanese Candlestick Charts to improve Trading decisions

Understand double candlestick formations

Understand multiple candlestick formations

Immediately recognize Trading opportunities on the Chart

Develop your own Trading Strategy

Requirements

No forex, or crypto knowledge required

Description

Candlestick patterns serve as a vital tool for traders to interpret market sentiment and make informed trading decisions. In this section, we'll delve into the significance of candlestick patterns and how to effectively incorporate them into your trading strategy. Candlesticks are graphical representations of price movements over a specified time period, such as one hour or one day. They consist of a body, which indicates the opening and closing prices, and wicks, which represent the highest and lowest price points reached during the timeframe. Green candles signify bullish sentiment, indicating that prices closed higher than they opened, while red candles represent bearish sentiment, with prices closing lower than they opened. While there are numerous candlestick patterns, it's essential not to become overwhelmed by memorizing their names. Instead, focus on developing the skill of identifying these patterns on price charts and understanding their implications. Practice is key to honing this skill, and backtesting historical data can be an effective way to refine your ability to spot candlestick patterns in real-time trading scenarios. Candlestick patterns carry greater significance when they occur at key support and resistance levels. These levels serve as zones where price often reacts, providing strategic entry and exit points for trades. By combining candlestick pattern recognition with support and resistance analysis, traders can enhance the accuracy of their trading signals and improve their overall profitability.

Overview

Section 1: Introduction

Lecture 1 Introduction

Lecture 2 Disclaimer

Section 2: Japanese Candle sticks

Lecture 3 Welcome to Candle sticks

Lecture 4 What is a Japanese Candle stick

Section 3: Single, Double or Triple Japanese Candle sticks

Lecture 5 The Single Candle Stick Pattern

Lecture 6 The Double Candle stick Pattern

Lecture 7 The Three Candle stick Pattern

Lecture 8 Three Japanese Candle stick Patterns

Section 4: Putting it all together

Lecture 9 The Main Candle Stick Patterns

Lecture 10 All Candle Stick Patterns

Section 5: Money Management

Lecture 11 Risk Management

Mastering Japanese candle sticks to be able to trade forex/ crypto successfully