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This DVD completes the candles reversal patterns as Steve gives the ins and outs of the Morning and Evening Stars. While most candle patterns are reversal indicators, there are a select group of continuation candles (in which the market continues its current trend). One of these is Steve’s all time favorite candle pattern. You will see how to take advantage of this signal, which is simple to recognize, but will be a boon to your trading prowess. After a review of what you learned in this and the prior DVDs, Steve will show an example of how NOT to use candlesticks to help you avoid one of the most common, and dangerous, mistakes made by candle traders.
Here's what you'll learn:
- Morning Star Essentials
- Construction
- Basic criteria
- Market implications
- Basic psychology behind the pattern
- Using as support
- Variations
- Evening Star Essentials
- Construction
- Basic criteria
- Market implications
- Basic psychology behind the pattern
- Using as resistance
- Being flexible
- Variations
- Three Advancing White Soldiers
- Construction
- Basic criteria
- Market implications
- Basic psychology behind the pattern
- Pattern nuances
- Rising and Falling Three Methods
- Definition
- Construction
- Pattern nuances
- Rising and Falling Windows
- Definition
- Construction
- Using for maximum success
- Common misuses of this signal
- Breakaway gaps and windows
- Fry pan bottom – definition, construction and uses
- Dumpling Top – definition, construction and uses
- How NOT to use candles!
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