
First
of all, most resources of Japanese Candlesticks patterns are free and only
provide dictionary like terms of names with generic and real chart examples
(e.g. bearish
engulfing,
bullish engulfing,
bullish harami
et cetera).
Unfortunately, most
traders using these free resources (online articles, forum discussions,
magazine articles, online videos, library books et cetera) are the
self-taught types along with having the belief in error that these
free resources are providing a complete trading plan.
Simply, most traders
are not profitable when using
Japanese Candlesticks as their primary methodology or as a confirmation
strategy that confirms their primary method mainly due to using information that was primarily design to
only
provide dictionary terms with chart examples.
In contrast, we do
provide a complete trading plan (pattern rules, entry rules,
stop/loss management, trailing stop management, profit targets,
contingency plan and private member forum so clients can learn from each
other) of custom Japanese Candlestick patterns that removes the
subjectivity so that you can exploit changes in supply/demand, volatility
along with being able to merge our strategies with other strategies you may
be using regardless if your a price action only trader or a trader that's
dependent upon indicators.
Also, our trade
management rules for these patterns can be profitably applied to any free
resource or books you have access too about Japanese Candlesticks along with
giving you the ability to design your own custom Japanese Candlestick
patterns that fit your own personal trading style.
Further, if the
self-taught route of Japanese Candlestick pattern recognition isn't
profitable for you, we highly recommend our resources to help you traverse
to a road of a more comprehensive understanding of Japanese Candlestick
analysis along with improving their profit level in comparison to your
trading before using our resources.
In addition, you'll
get the big piece of the puzzle to profitably trading via Japanese
Candlestick analysis via purchasing our Advance Japanese Candlestick Trading
Report (AJCTR) strategies along with being able to converse with other fee-base clients
that have stronger understanding of the price action involving candlestick
pattern recognition via a private forum for members only.
There's more
information about our custom Japanese Candlestick patterns at the below
link...
http://www.thestrategylab.com/AdvanceJapaneseCandlestickTrading.htm
With that said, our
custom Japanese Candlestick patterns are applicable to the following trading instruments
(consult us about other trading instruments not listed below) regardless if
you're a trader of day trading, swing trading, position trading, trend
reversals, trend continuations trader et cetera:
CME Emini Futures
EMD, ES and NQ
ICE Emini TF
(formerly CME ER2)
CBOT mini-sized Dow
Futures YM
Eurex Index Derivatives
(futures) DAX and DJ Euro Stoxx50
Eurex Fixed Income Derivatives BUND,
BOBL and Schatz
Euronext Futures
FTSE-100 and CAC-40
CME Futures EuroFX EC
Treasury Futures T-Notes
ZT, ZN, ZF and T-Bonds ZB
Forex Currencies
EurUsd, EurYen and UsdCdn
Exchange Traded Funds
DIA, IWM, QQQQ, SPY, OIH,
XLE and GLD
NYMEX Energies Light Crude Oil CL,
e-miNY QM and Natural Gas NG
COMEX Metals Gold
GC, mini-Gold YG and Silver SI
Hang Seng Index Futures
HSI and mini-Hang Seng MHI
M.A.
Perry and Associates
TheStrategyLab.com
questions@thestrategylab.com
"Once a trend
starts, the odds are that it will continue. Every student of
science or engineering will recognize that this is nothing
more than Newton's First Law of Motion, which says, Every
body continues in a state of rest or of uniform motion in a
straight line unless it is compelled to change that state by
forces applied to it. Simply said, it is easier for a market
to continue its direction than to reverse its direction."
--Gregory L. Morris