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Yes, Give it to me

How to Trade Forex Candlestick Patterns (the correct way) 

 November 24, 2016

By  Rayner

Here’s the truth:

Candlestick chart is a lagging tool.

Don’t believe me?

Think about this…

A candlestick shows you the Open, High, Low, and Close. But it can only be “confirmed” after it has closed.

So, what does it mean?

It means candlestick is not a leading indicator because it’s based on historical prices. And it’s not only candlestick patterns that are lagging.

In fact, when you’re using technical analysis, you’re trading based on information that has already happened.

So the question is, if you are trading based on past information, then why do some traders succeed and some don’t?

Well, the secret is this…

It’s how you interpret the information that matters.

And in this video, I’ll show you how to interpret Forex candlestick patterns (the correct way)…

You will learn:

  • How to identify “hidden” strength and weakness in the markets by paying attention to this one thing — that 95% of traders ignore
  • Step-by-step examples that show you how to trade candlestick patterns like a pro
  • How to use candlestick patterns to find high probability trading setups (hint: it’s NOT about the pattern itself)

Honestly, if you apply the knowledge I’m sharing today, you will never look at candlestick patterns the same way again.

Are you ready?

Then go watch this training video below…

After watching this video, here’s what I like to know…

How do you use candlestick patterns in your trading?

Leave a comment below and let me know.

Do you want to learn a new trading strategy that allows you to profit in bull and bear markets?

In the Ultimate Guide to Trend Following, I will teach you this powerful trading strategy step by step, along with charts and examples.

You can download it here for FREE.

  • Great video Rayner – thanks for the detailed look at candlestick charting. It’s always great to get your perspective on trading techniques and tools.

    Candles don’t play a huge roll in my trend following trading, but I do pay attention to them – particularly at key reversals and big bullish breakouts.

  • Boss thanx for the Great Info,,,,i depend alot on Candlestick Signals in my Trading. But now i will also focus on time and Confluence in key support areas. Boss i Appreciate all Your help and guidance,,,much Respect’s!!!!

  • Thank you Rayner for this great video. You managed to explain it in simple terms with real examples which really shows your mastery. Keep the videos coming in. Cheers.

  • Your explanation makes Theory so Practical. Brilliant work once again. Hopefully I will now be able to identify and find meaning to patterns.

    Thank you

    P.S. loved the example used to explain Confluence.

  • At the present I used mainly 14 candlestick patterns in my trading, but after watching this video I like how you talk about time, and confluence. Because it’s make perfect sense. Now just to use in into my trading

    Thank You

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