Not all candlestick patterns work well. Their huge popularity has lowered reliability, but we can profit from failures.
Candlesticks “speak to us” about how other traders have acted, and what their current beliefs and expectations are in that time frame.
Bullish setups which include the shock of a Red Bar Ignored (RBI) (or Green Bar Ignored (GBI) for bearish setups) are more powerful.
Learn how an arrangement of candlesticks forms recognizable patterns that speak to us about the direction of prices.
Learning to read the “messages” of these candles will help you pick quality patterns and manage positions objectively to maximize gains.
This session will bring clarity to what confuses the majorities.
Learn:
• How to objectively read the “messages” of RBIs and GBIs on any time frame
• Master Trader’s Candle Language using Master Trader Strategies (MTS)
• How to use candlesticks, price voids, and supply/demand to trade the best setups with RBIs or GBIs
• To profit from failed patterns and how to recognize them
• Watch us scan for new trade setups looking for high probability setups to profit now
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Learn Master Trader Technical Strategies for Swing and Options Trading - HERE
Swing Course - Plus Advanced Credit Spreads Course FREE for Life -And the Swing and Options Trader Letter FREE for 30-Days HERE
Master Trader and You Building Your Financial Future Together!
Happy trading! If you have any questions or comments,
Please e-mail Greg Capra at Greg@mastertrader.com or Dan Gibby at Dan@mastertrader.com
All the best,
Greg Capra
Managing Director of Master Trader
Dan Gibby
Chief Options Strategist