A stock trading forum is a very good method for learning a new trading technique. The Candlestick Forum provides a discussion forum where questions and answers about Candlestick signals can continuously be addressed. A stock trading forum allows an investor to get points of view from other investors. These points of view will incorporate all levels of Candlestick trading experience. A stock trading forum can help an investor with differing viewpoints. Often, the analysis of a chart can be skewed with an individual's point of view. A stock trading forum can bring in other points of view and/or interpretations of a chart pattern or a Candlestick signal.

The advantage of a stock trading forum or a commodity trading forum is that it not only creates mental stimulus for learning how to evaluate charting techniques, it also becomes a source of ideas of other trades that may be setting up. Each individual does not have to create their own trades. The pooling of ideas and chart analysis provides a much broader research base for finding good trades. We highly recommend that you utilize the immense amount of information that has being passed through the Candlestick Forum’s discussion forum every day.

Why reinvent the wheel? The contribution of information and knowledge on a stock trading forum allows an investor to greatly expand their insights into how to use Candlestick charts successfully. The discussion forum is free to everybody. Mr. Bigalow advocates that the Candlestick Forum community share their trading techniques freely. Candlestick analysis is still a minuscule percentage of the total investors in the US markets. The sharing of knowledge will only enhance each other’s ability to learn and utilize the Candlestick signals that much faster. Use the tools that are available on the Candlestick Forum site. Learning a few simple techniques on our stock trading forum could produce thousands and thousands of dollars of profits over the next year. Take advantage of this opportunity.

Market Direction - The Candlestick signals become much more obvious when looking back into the past. As our last newsletter indicated, the Bearish Harami in the NASDAQ that formed right on the 50-day moving average started a downtrend. The potential target of that downtrend, which could have been some trend lines, became much more clear in the sell-off on Wednesday. Note in the NASDAQ chart that what could have been support levels was broken through and now the 200-day moving average appears to be the target.

NASDAQ

Note that not only did the 50-day moving average act as resistance, but an obvious trend line could be drawn across the recent tops. This would give more reason to anticipate that the 50-day moving average failed once again. This would imply that there is still a day or two left in the downside trend.

The Dow chart showed a clear sell signal with the Doji at the top. The potential sell-off was projected to be the 50-day moving average. Wednesday's trading indicated that the 50-day moving average was not going to be a support level. Unless Thursday and Friday reveal some buy signals, the 200-day moving average becomes a target for the Dow. Whatever the target may be, the fact that the sell signal indicated that the downtrend could hit one or more possible lower targets provided a trading strategy. As noted in the free morning comments and in more detail in the Member comments, the bias for the last week and a half has been to the downside.

DOW

Analyzing both indexes, the NASDAQ not yet looking like it has finished its downtrend and the Dow appearing to try to bottom but may have a couple days left before the stochastics get into the oversold area, would imply that the bottom may not be here just yet. The evaluation at this point would be that there are still a couple of days of sloppy downside trading left.

Knowing what the market trend is doing provides an advantage to the investor to position the portfolio. Take advantage of that information. Scanning for potential short positions becomes the predominant strategy when stochastics are first turning down. Why fight the trend? The probabilities are much better in the favor of an investor when trading with the trend. Does this mean that every position needs to be short? Definitely not! As seen over the past two weeks, our long positions have acted very well, even in a declining market.

The mention of this fact is important. In a declining market, the probabilities are much greater with the short positions. However, there are many investors that can't short. Retirement accounts, for example, cannot short stocks. Many investors do not understand how to short. Other investors just do not like to short. The advantage of Candlestick signals is that they pinpoint which stocks and/or sectors are moving counter to the predominant trend. Being able to quickly identify stocks that are getting bullish signals in a declining market becomes very beneficial.

First, it provides the opportunity for an investor that can't, or doesn't want to, short a way to make money in a declining market. Secondly, if a stock is showing a bullish signal in a declining market, it has some significant implications. Mainly, if investors are buying a stock when they know the rest of the market is selling off, the information implies there is some strength occurring in the fundamentals of the underlying stock. This may seem trite, but common sense should dictate that something must be happening to make that stock produce a bullish signal when everything else is being sold off.

Now that the markets are appearing like they are getting close to the bottom, the short positions should be watched with more scrutiny, with the anticipation that some buy signals will be forming fairly soon. The scans for long position trades should be coming more abundantly with stocks in oversold conditions. Monday and Tuesday should be days to analyze which sector or sectors may be acting the best if the markets start moving positive.

Houston Seminar - The two-day training seminar on Candlesticks will be occurring on April 16th and 17th, 2005. This seminar is going to entail the in-depth study of the 12 major signals. If you have a sincere desire to improve your investment abilities, attending an information-packed, two-day Candlestick seminar presented by Mr. Bigalow will be well worth your while. Mr. Bigalow professes that, although the two day training session is a “butt sore”, “brain frying” event, it will dramatically change your perceptions on how to profit in any market. The insights that you will gain from the easy-to-understand training methods that Mr. Bigalow provides will be something you will utilize for the rest of your investment career.

Click here for more information on the Houston Candlestick Seminar

The Candlestick Forum seminars are unique in their training philosophy. An investor will trade dramatically better immediately after the seminar. However, unlike other investment training sessions, once you leave the two-day training you are not on your own. Included in the training price an investor receives three months of free access to the Candlestick Forum Member Area. Although you should be trading much better immediately, having access to the Candlestick Forum chat room, discussion forum, member training sessions, daily stock picks, and e-mail or phone accessibility to Mr. Bigalow and the Candlestick Forum staff allows an investor to become more comfortable with the Candlestick trading technique without being out there on their own. The learning process is made even easier when rubbing elbows with other members of the Candlestick Forum community that return to these sessions.

Once someone has attended a Candlestick Forum training seminar and wants to update their Candlestick trading education, then whenever a future Candlestick Forum basic training session occurs in the United States, they can attend for only $199.00. This essentially covers the cost of updating the material and the hotel conference room expense. We will be welcoming back many of our previous seminar attendees to the 2005 seminar. You owe it to yourself to take us up on our reduced rate. You do not have to learn Candlestick investing on your own. Join the community of investors that all have a sincere desire to hone their investment skills. Learning Candlestick signals is very easy. It becomes even easier when learned with a buddy. This is why Mr. Bigalow always provides an early sign-up 2-for-1 special. Split the cost with a trading friend. You will learn the techniques in Candlestick signals that much faster.

Click here for more information on the Early Bird Two-for-One Special

Additionally, Mr. Bigalow advocates that one of the most important aspects of our lives, knowing how to invest so that we can secure a financial future, is not taught when it should be. Most people learn how to invest after they have started to make money in their adult years. Then they are dependent upon the so-called “professionals”. The best time to learn how to invest is when you are young. This means that if you are learning how to improve your own investment skills, then you should be teaching your kids how to invest as well. The Candlestick Forum seminars are free for your children. Bring them so that later on they are not desperately learning how to invest their money by going through the hard knocks like so many people do. Candlestick investing is not rocket science. Teach your kids early so that when they are ready to invest their own money, they will have a solid foundation upon which to base their investment decisions.

Sunday Night Members’ Training Sessions - We are resuming the Sunday night members’ web-based training sessions once again. This Sunday’s session will be concentrating on how to use the Candlestick signals to evaluate the market trend. Being able to see the signals and the rationale behind how they are used effectively becomes a high-powered method for learning Candlestick analysis. As before, Mr. Bigalow will present 30 to 45 minutes of training information. This will be followed by another 30 minutes of questions and answers. Harness the insights that these revealing training sessions provide. They will make you money. Details on how to join the training session will be put into the Member Area Saturday afternoon.

The Major Signals Educational Package - NOW ON DVD!

The response to the 12 major signals CD training program has been astounding. There has been strong feedback that the in-depth analysis of each major signal is done in a clear and concise manner. The learning process becomes very easy when all the elements of what makes for a strong successful reversal signal to work correctly is explained by Stephen W. Bigalow. Each 45-minute training session not only explains what indicators confirm the effectiveness of each of the major signals, but it goes into the investor psychology that was present that made each signal occur. Understanding the psychology of investors when a reversal is occurring is a tremendous insight into what makes prices move.

A New Twist to an Old Favorite!

DVDs of the 12 Major Candlestick Signals - For those of you that would like to thoroughly analyze the 12 major signals, the signals that will perform more reversal patterns prospects than most investors will be able to utilize, the eight hours of concise analysis for each signal is now on DVD's. For the investor who likes to get comfortable in front of their TV screen, this DVD set will provide the opportunity to relax and learn at the same time.

Over $509 of valuable Candlestick signal education, for identifying the most powerful Candlestick reversal signals, is now priced at:

$397.77

Do not delay, gain the understanding of how prices move. This is information that you will be able to use for the rest of your life. The profits that this information provides can be made in your account month after month after month.

Click Here for the 12-Video DVD Major Signals Newsletter Special

You should never be put in a position where you do not understand why trades are being made for your account. Whether those positions are being put on in your managed account, or a hedge fund, or your own personal trading, you should have a full understanding of whether those funds are being put in the right positions at the right time. The Candlestick signals applied with Candlestick analysis will become the education process for understanding how to maximize your potential returns in your own trading or being able to analyze whether a money manager has any concept of correctly timing the markets.

Good Investing!

- The Candlestick Forum Staff

www. candlestickforum.com