Trading Process and Strategy

Better than Candlestick Patterns – Part Two

In Part 1 of this series, we learnt how to read the Close Position, and define each candle as either a High Close, Mid Close or Low Close candle depending on where the candle closed within its own range. If you missed part 1, you’ll find it at the following webpage: https://yourtradingcoach.com/trading-process-and-strategy/better-than-candlestick-patterns-part-one/) We discovered a…

Trading Process and Strategy

Better than Candlestick Patterns – Part One

The key learning point from candlestick patterns is that (assuming you’ve been taught correctly) it teaches you to read the sentiment within the pattern; how the battle between the bulls and the bears is playing out and which is the dominant force. This concept is then applied to a dozen or so patterns. And provided…

Trading Process and Strategy

Market Analysis Example – Narrow Range Sideways

I received an email this week thanking me for the Advanced Candlestick Analysis articles and requesting some more analysis of this type. If you haven’t seen these articles, check out part 1 and part 2 here: https://yourtradingcoach.com/trading-process-and-strategy/advanced-candlestick-analysis-part-1-of-2/ https://yourtradingcoach.com/trading-process-and-strategy/advanced-candlestick-analysis-part-2-of-2/ I’d love to do more of these articles, but they take quite a while to put together….