Forex candlestick magic

Forex candlestick magic

Forex candlestick magic- Thanks for getting your hands on Forex Candlestick Magic. You are about to take your skills in trading to a whole new level. In my opinion I have found that Candlesticks are one of the most reliable indicators that is available in the market and are truly versatile. They can apply to any market such as Forex, stock, commodity etc.

Category: Forex

Author: Rahul

Language: English

Download link: At the end of the post

Must read: Top 6 forex books for beginners (download link)

Introduction

Hello my trader friend,
Thanks for getting your hands on Forex Candlestick Magic. You are about to take your skills in trading to a whole new level.
In my opinion I have found that Candlesticks are one of the most reliable indicators that is available in the market and are truly versatile. They can apply to any market such as Forex, stock, commodity etc.
So, naturally anyone who wants to make a living by doing trading, needs to be aware of this indicator. What inspired me to write this manual is that in my interaction with a lot of traders, I felt that they have a lot of misconceptions about candlesticks. Some are infact too scared to use it.
So, in this manual, I am trying to quash all pre conceived notions. My attempt will be to present the candlestick details in a simplistic manner that can understood by everyone.
Also, in almost each section, I am presenting some hidden secrets related to candlesticks that can be learned only after years of experience.
These tips itself will pay you way over what you paid for this manual! Some of the tips are being shown in the box as shown below.

Now, let me also mention what is your set of responsibilities. 1st and foremost, you must make sure that you give the due importance to this manual by going through it completely and also watching the accompanied videos.

Next, try to implement the knowledge you gained and techniques mentioned to your daily chart analysis. In the beginning, it will take a day or may be two for you to get used to analyzing candlestick. So don’t be too hard on yourself in the beginning.

But once you get used to it, analyzing candlestick and related patterns will become integral part of your trading carrier!
So, welcome to the world of Candlesticks.
Now, get started!!

Thanks & Take care,
Rahul

Table of Content- Forex candlestick magic

!!Thanks!!
1. Technical Analysis Basics
2. Japanese Candlestick Charts
3. The Mighty “Candlestick”
A. Bearish Candle
B. Bullish Candle
4. Candlestick Charts
A. Basic of Candlestick
Single Candlestick Formation
A. Marubozu Candles
B. Doji & Spinning Top
C. Hammer
D. Hanging Man
E. Bearish Reversal Candlestick pattern

Relative Candlestick Formation
A. Support and Resistance Blast
B. Candle Eating Candle
C. Placing Stop-Loss
D. Morning Star
E. Evening Star
A. Double Top & Double Bottom
B. Cup and Handle Pattern
C. Consolidation-Explosion Pattern
D. Triangle Formation

E. Hit Hit Hit and Return!!.
F. Channels
G. Head and Shoulder Pattern
5. Important Points to Remember while using Candles
6. A Common mistake – The one you must avoid..always!!
7. What’s next?

About the author

Rahul

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