Candlestick Essentials & Beyond

Vivek RattanCeTA, MBA

"What is important in market fluctuations are not the

events themselves, but the human reactions to these events." - Bernard Baruch

Never place a trade with a candle signal until you have

considered the 'Risk / Reward' of the potential

trade.

Candlestick Construction

Candlestick Terminology

Candlesticks & Market Psychology

Candlesticks & Market Psychology . . . contd.

Candlesticks & Market Psychology . . . contd.

DefinitionsLong Days : Open & Close price considerably different.

Definitions ...contd.

Short Days

Definitions ...contd.

Marubozu (Black) : Its a long black body with no shadows on either end.

Definitions ...contd.

Marubozu (White) : Its a long white body with no shadows on either end.

Definitions ...contd.

Spinning Tops : have small real bodies with upper and lower shadows that are of greater length than the body's length.

Definitions ...contd.

High Wave Candles : have small real bodies with long upper and lower shadows.

Definitions ...contd.

Doji : A doji occurs when the open & close prices are same, or very close to being the same.

Single Reversal Patterns

Single Reversal Pattern : Hammer

Single Reversal Pattern : Hammer

Getting Inside the pattern

Single Reversal Pattern : Hammer

Single Reversal Pattern : Hammer ...contd.

Single Reversal Pattern : Hammer ...contd.

Single Reversal Pattern : Hammer ...contd.

Single Reversal Pattern : Hammer . . . contd.

Single Reversal Pattern : Hammer . . . contd.

Black & White bodied Hammers : any real difference in the message?

Single Reversal Patterns

Single Reversal Pattern : Shooting Star

Single Reversal Pattern : Shooting Star ..contd.

Single Reversal Pattern : Shooting Star ..contd.

Single Reversal Pattern : Shooting Star ..contd.

Single Reversal Pattern : Shooting Star ..contd.

Single Reversal Patterns

Single Reversal Pattern : Inverted Hammer ..contd.

Single Reversal Pattern : Inverted Hammer ..contd.

Single Reversal Patterns

Single Reversal Pattern : Hanging Man ..contd.

Single Reversal Pattern : Hanging Man ..contd.

Getting Inside the Pattern

Single Reversal Pattern : Hanging Man ..contd.

Single Reversal Patterns

Single Reversal Pattern : Gravestone Doji ..contd.

Single Reversal Pattern : Gravestone Doji ..contd.

Single Reversal Patterns

Single Reversal Pattern : Dragonfly Doji ..contd.

Single Reversal Patterns

Single Reversal Pattern : Rickshaw Man Doji ..contd.

Single Reversal Pattern : Rickshaw Man Doji ..contd.

Multiple Reversal Patterns

Multiple Reversal Pattern : Bearish Engulfing ..contd.

Multiple Reversal Pattern : Bearish Engulfing ..contd.

Multiple Reversal Pattern : Bearish Engulfing ..contd.

Multiple Reversal Pattern : Bearish Engulfing ..contd.

Engulfing patterns vs. Outside days

Multiple Reversal Patterns

Multiple Reversal Pattern : Bullish Engulfing

Multiple Reversal Pattern : Bullish Engulfing ..contd.

Multiple Reversal Pattern : Bullish Engulfing ..contd.

Multiple Reversal Patterns

Multiple Reversal Pattern : Dark Cloud Cover

Multiple Reversal Pattern : Dark Cloud Cover ..contd.

Multiple Reversal Pattern : Dark Cloud Cover ..contd.

Multiple Reversal Pattern : Dark Cloud Cover ..contd.

To gap or not to gap

Multiple Reversal Patterns

Multiple Reversal Pattern : Piercing Pattern

Multiple Reversal Pattern : Piercing Pattern ..contd.

Multiple Reversal Patterns

Multiple Reversal Pattern : Bullish Harami

Multiple Reversal Pattern : Bullish Harami ..contd.

Multiple Reversal Patterns

Multiple Reversal Pattern : Bearish Harami

Multiple Reversal Pattern : Bearish Harami ..contd.

Multiple Reversal Patterns

Multiple Reversal Pattern : Bearish Star

Multiple Reversal Patterns

Multiple Reversal Pattern : Bullish Star

Multiple Reversal Patterns

Multiple Reversal Pattern : Evening Star

Multiple Reversal Patterns

Multiple Reversal Pattern : Morning Star

Continuation Patterns

Rising & Falling Three Method

Rising & Falling Windows

Continuation Pattern : Rising Three Method

Continuation Pattern : Falling Three Method

Continuation Pattern : Rising Window

Continuation Pattern : Rising Window

Continuation Pattern : Falling Window

Practical Application

Practical Application ...contd.

Practical Application ...contd.

Practical Application ...contd.

Practical Application ...contd.

Practical Application ...contd.

Practical Application ...contd.

Practical Application ...contd.

Practical Application ...contd.

Practical Application ...contd.

That's it!

Questions?Suggestions!