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Candlestick Presentation

Original Candlestick Presentation

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Candlestick Presentation

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  1. Candlesticks Basic understanding How to use them

  2. Introduction to Candlesticks • Use to time your entry in a stock or option • Identifies possibility of current trend reversal or continuation • Visually Appealing vs. Bar Charts • Must be confirmed by another indicator • Only for markets that have all data

  3. Look For the 3 C’s ContentClarityConformation

  4. What Candlesticks Tell Us Indicators that signal • A trend reversal • Conformation of trend • Indecision in strength of the Trend

  5. Candlesticks Bullish Real Body Color: -Hollow -White -Green Bearish Real Body Color: -Shaded -Black -Red

  6. Are You Ready For Some Basic Patterns?

  7. Reversal Phenomena

  8. Hammers & Hanging Man(Takuri and Kubitsuri)

  9. STARS(Hoshi)

  10. Continuation Formations

  11. GAPS & WINDOWS B. A. C.

  12. Where Can You Find Candlesticks on the Investools Website

  13. The Interactive Chart • On the Graph Tab (Enter your Symbol) • Left Side Under Graph Links Select Interactive Chart • Bottom Left of new Graph Click CLONE button • Maximize Window (if you are blind like me) • Top Left Default setting ‘Bar’ Click down arrow to your right, select ‘Candle’ • Apply Favorite Study Set (Workshop if you are new, or Bowtie covered later)

  14. Candlesticks Review • Helpful to time entry an exit points • Illustrates the battle between Buyers and Sellers. • Not reliable to use as only indicator • Easier to see direction of price moves

  15. Resources* Websites • www.IncredibleCharts.com • www.StockCharts.com • www.HotCandleCharts.com • www.CandleCharts.com • www.HardRightEdge.com Books • Technical Analysis – PRING • Candlesticks - Steve Nision *Other resources are available.

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