TechniTrader Stock Trading "The Best Candlestick Chart Patterns"

Beginner Traders Candlestick Buy Entry Signals

The goal for Beginner Traders should be to learn, how to find the best stocks to trade quickly and easily. Often times Traders spend more time trying to figure out which stock they should choose to trade, and waste most of their day looking at stock charts.

What differentiates a Buy Signal from a Reversal or Continuation Candlestick Pattern is that the true BUY SIGNAL is a specific group of candles, that have formed in a chart PRIOR to that stock starting a run, and those are stocks with the best Candlestick Chart Patterns for Trading.

TechniTrader is "The Gold Standard in Stock Market Education." Go to the TechniTrader.com Learning Center and watch the Candlestick Charts Webinar, to experience for yourself the excellence of TechniTrader education.

Go to the TechniTrader 

candlestick charts for stock trading webinar - technitrader

Too often traders use Candlestick Reversal Patterns, Continuation Patterns, MACD, or Stochastic crossovers as entry signals. All of these methods put you into the stock late losing profits, and increasing your risk of a whipsaw trade especially when the Stock Market is in a choppy sideways to volatile Market Condition.

By learning true Buy Entry Signals which are the best Candlestick Chart Patterns for Trading, you can increase your profitability to 75% or greater. Now that probably may sounds far-fetched to those of you who are trading Reversal Patterns, Continuation Patterns, MACD, or other crossover signals and have come to accept that the best you can do is about 50%.

TechniTrader is "The Gold Standard in Stock Market Education." Go to the TechniTrader.com Learning Center and watch the How to Trade the Stock Market for Beginners Webinar, to experience for yourself the excellence of TechniTrader education.


The reality is that by making minor changes to when you enter a stock using Candlestick Buy Signals, and by using Indicators NOT as an entry but as a confirmation of underlying energy and strength, you can achieve a significantly higher percentage of successful highly profitable trades.

The chart example below has a strong Buy Entry Signal Candle Pattern which is one of the best Candlestick Chart Patterns for Trading.

chart example with strong buy entry signal candle pattern - technitrader
It is one of many entry signals that are taught exclusively at TechniTrader. This is an extremely reliable Beginning Trader Candlestick Chart Pattern which provides low risk and high profit potential.

The proper indicators are needed to confirm this Buy Entry Signal as having sufficient underlying HIDDEN buying activity by giant lot Buy Side Institutions that at some point it will trigger the High Frequency Trader computer algorithms to run or gap this stock up. 

In the top indicator window below price, you can see this indicator reveals giant Buy Side Institutions using Dark Pools to buy in large lots incrementally. Their buying is hidden off the exchanges, but this indicator confirmation makes this stock Buy Entry Signal one of the best Candlestick Chart Patterns for Trading. 

TechniTrader is "The Gold Standard in Stock Market Education." Go to TechniTrader “The Basics of the Stock Market for New Investors and Beginning Traders” Webinar Lessons, to experience for yourself the excellence of TechniTrader education.

Go to TechniTrader

 

This is not a Buy Entry Signal taught in the standard Candlestick Books. It is the five candlestick group pattern on this stock chart that is the differentiator, with the size and placement of those five candles making this a strong Buy Entry Signal.

As you can see in the bottom chart window, MACD has no signal at all. It is floating on the downside since it can only crossover AFTER price has moved, and because it is a momentum price indicator. In addition it has no ability to track large lot accumulation by the giant Buy Side Institutions.

MACD finally crosses over, but only after the stock has gapped up. This is a High Frequency Trading gap, and the run is finished at this point. 

TechniTrader is "The Gold Standard in Stock Market Education." Go to the TechniTrader.com Learning Center and watch the webinar on how to improve MACD for the current market, to experience for yourself the excellence of TechniTrader education.

Watch the TechniTrader 

 macd indicator for stock trading webinar - technitrader

The second chart example below shows what happened after the strong Buy Entry Signal. 

full chart example showing what happened after the strong buy entry signal - technitrader
The points gained were approximately 3.00 to 3.25 points, depending upon your exit price. So a two day hold of 100 shares is $300.00, for 500 shares it is $1500.00, and for 1000 shares by an experienced trader it is a $3000.00 profit in just a 2 day time period. 

Summary

Most traders only dream about such returns, but TechniTrader Students learn how to have these types of successful trades on a regular basis.

TechniTrader is "The Gold Standard in Stock Market Education." Go to the TechniTrader.com Learning Center and watch a wide variety of webinars, to experience for yourself the excellence of TechniTrader education.

Go to the TechniTrader 
 
learning center webinars - technitrader

Followers may request a specific article topic for this blog by emailing: info@technitrader.com

Trade Wisely,

Martha Stokes CMT


TechniTrader technical analysis using TC2000 charts, courtesy of Worden Bros.

Chartered Market Technician
Instructor & Developer of TechniTrader Stock and Option Courses
TechniTrader DVDS with every course.

©2016-2017 Decisions Unlimited, Inc. dba TechniTrader.  All rights reserved. 
TechniTrader is also a registered trademark of Decisions Unlimited, Inc.

Disclaimer: All statements are the opinions of TechniTrader, its instructors and/or employees, and are not to be construed as anything more than an opinion. TechniTrader is not a broker or an investment advisor; it is strictly an educational service. There is risk in trading financial assets and derivatives. Due diligence is required for any investment. It should not be assumed that the methods or techniques presented cannot result in losses. Examples presented are for educational purposes only.