Steve Nison - Profiting From Forex
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
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