Candlestick Patterns to Master Forex Trading Price Action
What you’ll learn
In-depth knowledge of Candlestick Patterns
Discern strong Candlestick Patterns from weak ones
Have a full understanding of how Forex Market works
Read different types of Forex charts
Choose the perfect Time Frame for your Trading
Use the most popular and effective tools of Technical Analysis
Analyze price movements in a logical way
Understand why prices move
Recognize key Supply and Demand levels
Understand how to use Japanese Candlestick Charts to improve Trading decisions
Manage the risk to protect your money
Avoid mistakes that most traders make or have made in their career
Trade with a solid strategy
Read every single candlestick, even the ones that don’t form any pattern
Understand double candlestick formations
Understand multiple candlestick formations
Use effectively any type of Moving Average
Set Up and use the RSI Oscillator
Immediately recognize Trading opportunities on the Chart
Develop your own Trading Strategy
To use the main features of MetaTrader 4
Basic understanding of Forex or Stock Market Trading
A computer or laptop
Desire to learn and achieve your goals!
Latest: course updated in October 2020!If you knew how prices move in the Forex market, would you finally become a successful trader?What if I told you that you can learn a revolutionary approach to view the market, would you take the opportunity to improve your trading skills and change your life? Welcome to Candlestick Patterns to Master Forex Trading Price Action.Unlike most courses that I have attended about Forex Candlesticks, where people feel compelled to memorize all the patterns, this course provides a rationale for why particular patterns are reliable setups for traders.My aim is to change the simple viewing of a candlestick chart into a search for the answer: “who’s controlling the market? Buyers or sellers?”. In this way, you will get something more than a list of patterns that you can apply on the market, you will understand how and why prices move through the study of the candlesticks.You will learn how to make money studying the supply and demand of a currency pair.
The course starts with an entire section to prepare you for a better understanding of the Japanese Candlesticks. This section may look as a sort of introduction, but it is the most important section. Many years ago, I bought a very popular book about Japanese Candlesticks: “Japanese Candlestick Charting Techniques” by Steve Nison. The author teaches 39 different Candlestick Patterns in his book and I thought: “if I study 1 pattern per day, I will finish the book in less than 6 weeks”. How long do you think it will take to you to learn all the candlestick patterns? 6 weeks? Maybe a bit more if you are busy at work? I challenge you! After going through the section about supply and demand, you will understand all the secrets behind the candlestick patterns and you will approach the market with a logical perspective. So the challenge is that you will effectively study all the patterns in 1 hour! It is not a kind of unrealistic advertisement to let you buy the course, I truly believe that with this approach you will get an in-depth knowledge of all the candlestick patterns in one hour!
What kind of candlestick patterns will you learn? The course is divided in 3 different sections for the study of the candlesticks. In the first section you will find hammer, hanging man, shooting star, doji and many other single candlestick patterns.
In the second section, you will find the bullish engulfing pattern, the bearish engulfing pattern, the piercing pattern and many other double candlestick patterns.
Last section is about triple candlestick patterns with the rising and falling three method and the Master candle.
Section 7 covers all the practical aspects of trading with the candlesticks. You will learn how to spot candlestick patterns in your charts, how to trade them and how to place Stop Loss and Take profit.
In Section 8, you will find all the live trades with real money that I have recorded for the course (and that I will still record, it is a section that will be updated frequently with new live examples).
By the end of the course, I will show you how to use the most popular indicators and how to combine them with the study of the candlestick patterns. You will learn how to use the different types of Moving Average and how to analyze the market with the RSI (Relative Strength Index).
Since I strongly believe that every trader should develop his own method to trade, I have also added a lecture to guide you to build your own trading strategy.
Section 10 is a bonus section! I always encourage students to ask questions. You will find all the answers to the most interesting questions in section 10.Last section is a friendly conversation, in which I give you the very last tips from my experience on the Forex market. Are you looking for a super magic indicator or an automated program that will do all the trading for you, providing great returns? Then this course in NOT for you! The material in this course is for people who are at ease with doing the hard work of becoming a successful trader. I’m not going to lie to you, being profitable consistently in Forex Trading requires hard work. If you expect a kind of extraordinary solution that will make you rich overnight with a minimal amount of effort by your side, then you will be disappointed. I believe that such a thing does not exist. If you want to become a top trader, you need to work hard, that’s the only way.You will learn from my 11+ years of experience. You have unlimited lifetime access at no extra costs.You can always ask for help, my support is well known in Udemy.So you have all the tools to become a successful trader, but as I always say to my students, signing up for this course is like signing up for a gym membership. You have all the equipment, all the machines and a personal trainer ready to help you, but if you stay home, eating chips and watching television, you are not going to see any result, right?So, am I going to guarantee you overnight success? Absolutely not! Anyone promising that is lying. This is a real business, people like me go through years of formation at university to do this job, so it can take months or years to produce the income you’re looking for.Are you ready to take this opportunity?See you at the top :)Featured Reviews:”I am a business woman and I took a long time before deciding to dive into what I consider another business, that is forex. I have started 3 weeks ago and I’m literally spending all my free time to devour books and participate in Forum discussions. I casually came across Federico’s website and, even if many traders suggest to not buy any course, I thought that it was a good chance to take the discounted coupon and give it a try. All I can say is that in 3 days I have learnt much more than what I learnt in the first 3 weeks. This course includes all a trader needs to know about candlestick patterns and it is explained in a way that even a newbie like me can understand. On top of that, Federico replies within 24 hours to every single question and usually his reply is like a chapter of a book, well detailed and well explained. This adds a lot of value to this course. 5 stars are not enough to say thank you for your work. God bless you” – Amelie”Federico was able to let me understand the importance of analyzing the fight between sellers and buyers, a point of view to the Forex Trading different from the mere chart analysis. His course is easy to follow and contents can be understood with just a basic trading knowledge. A very helpful course, I strongly suggest it.” – Mirko Antinori”This course presents a very good explanation of candlestick patterns in general and then specifically related to Forex trading. The instructor also covers how to use the candlestick pattern information in conjunction with other indicators for added confirmation of trends. I especially appreciated his clear explanation on his strategy for determining stop loss and take profit positions.” – Shelly Gardner-Alley”I have always found the numerous types of candlestick patterns as overwhelming and only knew about dojis in the past. However this trainer explains them so well and I am already looking at my MT4 charts with more clarity and understanding on what the market is telling me. Highly recommend this course to any forex trader.” – John Mandich”I have to say, the course is extremely good for short and sweet onto the point! Very easy to understand with clear explanation. It saves a lot time to understand the theory of the pattern compared to reading a lot of books and the instructor is really saving your time to filter the unnecessary useless patterns. I will definitely be back to this course quite often. The real good part is the explanation of profit and loss —- which is hardest part and easiest to make mistakes in trading! Excellent and wonderful course. I spent 2 days to finish it, every second worth my effort and every penny is worth the value!!!” – Puliqianwen
Section 1: Introduction
Lecture 1 Disclaimer
Lecture 2 Welcome
Section 2: Refreshing basic concepts
Lecture 3 Concepts for this course
Lecture 4 Forex Charts
Lecture 5 Support and Resistance
Lecture 6 Trend
Section 3: Understanding why prices move
Lecture 7 Supply & Demand
Lecture 8 Who makes the Forex prices?
Lecture 9 How to read Supply & Demand in a Candlestick
Lecture 10 How to read Supply & Demand on the chart
Lecture 11 Time-frame
Lecture 12 What is your trading style?
Section 4: Single Candlestick Patterns
Lecture 13 Reversal and Continuation Patterns
Lecture 14 Hammer
Lecture 15 Hanging man
Lecture 16 Shooting Star
Lecture 17 Inverted hammer
Lecture 18 Doji
Lecture 19 Dragonfly Doji
Lecture 20 Gravestone Doji
Lecture 21 Long-Legged Doji
Lecture 22 Doji on short-term charts
Lecture 23 Marubozu and Belt-hold lines
Lecture 24 Single Candlestick Patterns Cheat Sheet!
Section 5: Double Candlestick Patterns
Lecture 25 Bullish Engulfing Pattern
Lecture 26 Bearish Engulfing Pattern
Lecture 27 Tweezers top and Tweezers bottom
Lecture 28 Dark Cloud Cover and Piercing Pattern
Lecture 29 Harami and other double candle patterns
Lecture 30 Two Candle Patterns Cheat Sheet!
Section 6: Triple Candlestick Patterns
Lecture 31 About Triple Candlestick Patterns
Lecture 32 Rising and Falling Three Method
Lecture 33 Master Candle
Lecture 34 Three Candle Patterns Cheat Sheet!
Section 7: Putting it all together
Lecture 35 Spotting candlestick patterns (Part 1)
Lecture 36 Spotting candlestick patterns (Part 2)
Lecture 37 How to place Stop Loss and Take profit
Lecture 38 Trading with Support and Resistance
Lecture 39 Trading with Trend Lines
Lecture 40 Trading with channels
Section 8: Live Trades
Lecture 41 My brokers and my account
Lecture 42 Live trade #1 – USD/CHF
Lecture 43 Live trade #2 – USD/CAD
Lecture 44 Live trade #3 – AUD/CHF
Section 9: Ideas to develop your own trading strategy
Lecture 45 Moving Average
Lecture 46 Candlesticks with Moving Average
Lecture 47 RSI
Lecture 48 Candlesticks with RSI
Lecture 49 How to build your own trading strategy
Section 10: Questions from Students
Lecture 50 Laptops and other tools for Professional Traders
Lecture 51 Some good alternatives to OANDA
Lecture 52 How to upload a Template to MetaTrader 4
Lecture 53 How to Draw Support and Resistance
Lecture 54 How to Draw Trend Lines
Lecture 55 How to Draw a Channel
Lecture 56 Correlation
Lecture 57 False Candlesticks
Lecture 58 Candlestick Patterns for Other Financial Markets
Lecture 59 Trading Journal
Section 11: Conclusion
Lecture 60 Set the right expectations
Lecture 61 Conclusion
Lecture 62 Bonus Lecture: What Now? Discounts for All the Other Courses
Anyone who is interested in creating an income with online Forex Trading,Traders who want to enhance their Forex knowledge and skill-set,Anyone who wants to understand how Financial Markets work,Anyone who is looking for a proof that Forex Trading can give you Financial Freedom,Traders who want to discover how to analyze the market with the most powerful Candlestick Patterns
Udemy | English | 3h 54m | 98.47 MB
Created by: Federico Sellitti