A fast and easy way to begin your candlestick charting with Forex education. This DVD Training Program is entirely focused on the unique aspects of how to use candlesticks in the Forex markets.
DVD #1: Essentials of Nison Candles and Single Candle Lines
This DVD begins building the solid, and correct, foundation for the rest of your Forex candlestick education.
See why candles are used by the most successful FX traders and analysts and how candles can help you overcome your trading challenges.
After detailing the basic construction of the candlestick line, Steve focuses on one of the most common and misunderstood candle signals – the Doji. Want to know if a breakout is likely to be false? Then pay special attention to the section on Spinning Tops and Doji.
Do you think candles are complicated? This is just one of the misunderstandings that are blown apart here. By the end of this DVD, you’ll be starting down the path to accurately read the markets’ message better and faster than ever before.
Here’s what you’ll learn:
* Why is Steve Nison the source for your candle education
* Anatomy of the candle line
* Why candles give twice the information as a bar chart
* Using real bodies to gauge force of current move
* Spinning tops
* Essentials of Doji
o Basic Criteria
o Market Implication
o How doji are different in FX compared to non FX
o Using doji as a protective stop
o How to help avoid buying on false breakouts
o Avoiding a common misuse of the doji
* Shadows
o Why shadows must be part of your candle analysis
o Using long lower shadows
o Using long upper shadows
* Hammer Essentials
o Construction
o Basic criteria
o Market implications
o Psychology behind the pattern
o Hammer as support
o Retest of hammer’s lower shadow
* Shooting Star Essentials
o Construction
o Basic criteria
o Market implications
o Psychology behind the pattern
o As resistance
* High Wave Candles
o Basic Criteria
o Market implication
o Psychology behind the pattern
* The Checkmate Principle
o Definition
o Reading the market’s message using single candle lines
DVD #2: Double and Triple Candle Lines
Do you think there are too many candlestick patterns?
Then you’ll appreciate how Steve zooms in on some his favorite double and triple candle line patterns- from both the bull and bear side.
With the help of this DVD, you’ll develop the confidence to quickly find and correctly use, these most important double candle line patterns to set up a trade.
In this section, you’ll see how to answer the common question of "How do I know when a candle patter is false." Then discover Steve’s Blueprint for FX trading success.
Here’s what you’ll learn:
* Bullish Engulfing Pattern Essentials
o Construction
o How, and why, this pattern is different in FX
o Market implications
o Psychology behind the pattern
* Importance of short term trend – forgetting this can lead to costly mistakes
* Bearish Engulfing Pattern Essentials
o Construction
o How, and why, this pattern is different in FX
o Market implications
o Psychology behind the pattern
* Dark Cloud Cover Essentials
o Construction
o How, and why, this pattern is different in FX
o Market implications
o Psychology behind the pattern
* Piercing Pattern Essentials
o Construction
o How, and why, this pattern is different in FX
o Market implications
o Psychology behind the pattern
* Bull Harami Essentials
o Construction
o How, and why, this pattern is different in FX
o Market implications
o Psychology behind the pattern
* Bear Harami Essentials
o Construction
o How, and why, this pattern is different in FX
o Market implications
o Psychology behind the pattern
* Morning Star Essentials
o Construction
o How, and why, this pattern is different in FX
o Market implications
o Psychology behind the pattern
* Evening Star Essentials
o Construction
o How, and why, this pattern is different in FX
o Market implications
o Psychology behind the pattern
* Evening Star Essentials
o Construction
o How, and why, this pattern is different in FX
o Market implications
o Psychology behind the pattern
* Steve’s Rules for FX Trading Success including:
o Steve’s all time most important trading rule
o The If… Then Principle
o How and why you must use protective stops
DVD #3: Essentials of Western Technicals and Trade Management… Plus Intraday Candles
Do you think there are too many candlestick patterns? Then you’ll appreciate how Steve zooms in on some his favorite double candle line patterns- from both the bull and bear side.
With the help of this DVD, you’ll develop the confidence to quickly find and correctly use, these most important double candle line patterns to set up a trade. In this section, you’ll see how to answer the common question of "How do I know when the pattern fails?"
Here’s what you’ll learn:
* Bullish Engulfing Pattern Essentials
o Construction
o Basic criteria
o Market implications
o Using as support
o Basic psychology behind the pattern
* Piercing Pattern Essentials
o Construction
o Basic criteria
o Market implications
o Using as support
o Basic psychology behind the pattern
* Bull Harami Essentials
o Construction
o Basic criteria
o Market implications
o Using as support
o Basic psychology behind the pattern
* Bearish Engulfing Pattern Essentials
o Construction
o Basic criteria
o Market implications
o Using as resistance
o Basic psychology behind the pattern
o Compared to western outside reversal
* Dark Cloud Cover Essentials
o Construction
o Basic criteria
o Market implications
o Using as resistance
o Basic psychology behind the pattern
* Bear Harami Essentials
o Construction
o Basic criteria
o Market implications
o Basic psychology behind the pattern
Extra BONUS DVD — Steve Nison’s Forex Trading Lab
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