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Investment Seminar - Speed
Up Your Investment Success.
Investment Seminar - We have had
a lot of questions pertaining to the Candlestick
Forum investment seminar. The information
that you will receive out of Steve Bigalow's
investment seminar on candlesticks is information
that you utilize for the rest to your life.
As seen demonstrated in his book "
Profitable Candlestick Trading " he
makes everything about candlesticks easy
to understand. The investment seminar provides
the opportunity for you to ask questions
that are not clearly answered in a text
form. Understanding what the psychology
was behind the formation of the signal gives
the investor the insight into what goes
on an investor's thought-process during
a market or a trend reversal. This is not
investment information that you are taught
when learning how to invest in the stock
market or in any other market. Prices move
based upon investor-sentiment, not on fundamental
reasons. Fundamental results are what form
investor sentiment but it is investor sentiment
that moves a price. The candlestick signals
are a clear visual graphic of what is going
on an investor's minds at particular points
in a price trend.
Have you ever sold a stock out at the bottom
when it looked like everybody else was bailing
out? Or have you bought a stock that had
already moved up because of the glowing
reports being touted about the future of
a company and discovered that you had bought
near the top? That is why Steve Bigalow
has been able to use candlestick signals
so effectively. He, like many others, before
candlesticks, would do what the human emotions
direct people to do most of the time. Invest
with emotions, not with common sense, investment
practices. However, knowing that most investors
do the wrong thing at the wrong time, it
now becomes easy to see what those wrong
investment decisions appear like graphically.
Candlestick formations allow you to see
when everybody else is panic selling. Understanding
and identifying the signals produces the
opportunity to be buying stocks when everybody
else is doing the wrong decisions. It also
allows you to take profits when everybody
is exuberantly buying, again making the
wrong investment decisions.
Investment seminars compact the information
into a two-day period were all your questions
and answers get answered at one time. Having
the little idiosyncrasies of a chart patterns
explained thoroughly provides insights that
most people will not get from reading. Steve
Bigalow makes the common sense usage of
candlesticks very easy to understand. He
reminds us that this is not rocket science,
this is not high sophisticated computer
techniques, this is simple investment practices
put into a visual form. We are not taught
how to invest as we go through life. Investing
becomes experience of making the right trades.
This experience usually comes with many
expensive lessons.
The Candlestick Forum investment seminar
can eliminate those expensive lessons we
learn in the markets. Understanding when
the signals tell you it is time to buy and
tell you that is time to sell will eliminate
the emotional decision-making processes
that most of us go through when it comes
to our investment dollars.
What do we get out of a Candlestick investment
seminar? The two days of training is just
the beginning. After two solid days of brain
frying and butt sore learning of the candlesticks
and how to use them correctly, you will
gain a whole new perspective on investing.
You will immediately be investing better.
Much better! But then you receive six months
of free access to the Candlestick Forum
web site. This provides you with two or
three stock picks every day. Not just to
give you stock picks, but each pick is full
explained why it is being put on. This will
continue your learning process. Each day,
after a trade has been executed, follow-up
comments will be provided until it is time
to sell that position. Again this process
is to educate why a position is being put
on and when it should be taken off using
candlesticks signals. Nobody is going to
completely learning new investment technique
in a two-day seminar. For the next six months
you also have full access to Steve Bigalow
and his staff either by e-mail, private
messages on the chat rooms, or in an emergency,
picking up the phone and asking questions.
Also, the forum's and the live chat sessions
can be used to communicate with other Candlestick
investors that are learning and improving
techniques that enhance returns with the
candlestick investing. That process starts
at the training seminars. The training seminars,
once you've attended the first one, are
free to attend after that. At the investment
seminars, returning students add their experiences
that make the candlestick signals profitable
for them.
The candlestick forum is a community of
investors that are all trying to achieve
one goal. To maximize their investment potential,
while reducing risk. Ideas on how other
parameters improve the results of Candlestick
trading are shared throughout the site,
the forum's, the chat rooms, etc.
Hopefully this has answered many of the
questions that had been asked this week.
Candlestick signals will make you invest
better. Learn them correctly and you'll
be in charge of your own investment destiny
for the rest of your life. This is not rocket
science. This is simple investment procedures
that we are always told that we should do
but are not told how to implement it. Kick-start
your Candlestick education at one of the
seminars. It is well worth the money. You
will not be disappointed.
New York City Area Seminar Information
Click
Here For More Information
Rule number one - Rule number one, in
candlestick investing, as expressed by the
Japanese rice traders, is that if you see
a doji at the top, sell. When do
you sell a stock that has been moving like
a freight train? This can best be illustrated
in the TASR chart. The first telltale sell
signal of any stock that has moved like
TASR is that you'll start hearing about
it all over the financial news stations.
The past week or so there were special reports
such as on CNBC financial news. When that
starts happening to a stock, start looking
for a sell signal. This week, we see another
big up day in the over bought area, followed
by a gap up that ended up as a doji formation
for the day. That becomes your signal that
investor sentiment is starting to change.
A day of indecision at a gap-up top. This
becomes a perfect illustration that prices
move based on investor sentiment, not fundamentals.
One day the stock was trading as high as
$128 a share and two days later was trading
as low as $69 a share.
Nothing happened to the fundamentals during
those two days. What investors "perceived"
as the value of that stock is what changed.
Was there a Candlestick signal to tell us
that the trend had changed? Definitely!
This is not an unusual phenomenon. This
is what the Japanese rice traders have observed
over many centuries. Knowing what happens
when a Candlestick signal appears gives
the candlestick investor huge advantages.
Market Direction - The beginning
of this week appeared a MorningStar signal
in the NASDAQ while in an oversold condition.
This occurred right at the 50 day moving
average. That gave the first indication
that the downtrend was stopping. The next
day was followed by a bearish engulfing
pattern. A bearish engulfing pattern that
occurs at the bottom has significantly different
implications than a bearish engulfing pattern
occurring in over bought situations. A bearish
engulfing pattern in an oversold condition
is usually the last gasp sellers getting
out of the market. This is usually an indication
of a buy signal. Knowing this prepares the
candlestick investor for what should be
happening in the markets.
Note the Morning Star signal followed by
a Bearish Engulfing pattern. Then a Harami
the next day. These are all buy signal set
ups
We already have oversold conditions. A bearish
engulfing pattern usually indicating a buy
signal, we should start looking for more
buy signals. The following day was a harami,
confirmed on Thursday with continued buying.
The buying moved the NASDAQ above the 50
day moving average with the stochastics
turning up out of the oversold condition.
This indicates that we should now be in
an uptrend. An uptrend with the same potential
as what we saw starting about March 20,
2004 after the doji/harami followed by a
gap up big day. If there is a pullback,
the 50 day moving average is likely to be
the support level. However, the fact that
both the Dow and the NASDAQ formed very
strong bullish signals right at the 50 day
moving average level at the same time provides
confidence that the uptrend may be started
again.
The duplicate patterns in some of the individual
stocks develop great potential when it is
following the pattern of the indexes. For
example, our recommendation of EYE was based
upon a good pattern in its own right with
the added input that the indexes were starting
to move up. This is nothing more than putting
all the stars in line. Do all trades work
this well? Definitely not! But the candlestick
signals provide the opportunity that you'll
be in one of these trades.
Simple analysis of all the parameters being
in the right place enhances the probabilities
of being in the right trades at the right
time. This is not potluck. The signals identify
where buying is coming into stocks. As you
may note, EYE was a recommendation because
there were two small doji's right on the
50 day moving average followed by a slight
gap up bullish day. Could the extent of
this move, from that level, be predicted?
Not totally. But the fact that having bounced
off the 50 day moving average with stochastics
in an oversold condition, followed by a
slight gap up, bullish day, put the probabilities
of being in a successful trade immensely
in our favor. Knowing that a bounce off
the 50 day moving average adds some strength
to a move and the stochastics had a lot
of juice left in them, while prices were
heading towards a recent high, provides
the probabilities that this should break
out past the recent high. How far could
it go? The analysis should be if it breaks
out past the recent high, the gap at the
$26 range could be the next target.
This is nothing more than analyzing what
historically successful trades had looked
like in the past. The probabilities are
in our favor. Learning to identify the signals
occurring at places that could possibly
produce high profit trades becomes a trading
platform that keeps the successful investor
out of a hot stock whipsaws.
Good Trading
- The Candlestick Staff
www.candlestickforum.com
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