Level 11 - Japanese Candlesticks Trading Mastery Program
Published 02/2023
Duration: 05:07:32 | .MP4 1280x720, 30 fps(r) | AAC, 44100 Hz, 2ch | 3.27 GB
Genre: eLearning | Language: English
Published 02/2023
Duration: 05:07:32 | .MP4 1280x720, 30 fps(r) | AAC, 44100 Hz, 2ch | 3.27 GB
Genre: eLearning | Language: English
Deep Dive into the Candles with RSI
What you'll learn
Understand the Most Powerful Implications of the RSI Signal
How to Combine W Bottoms with RSI to Spot High Probability Reversal Trades
How to Combine Triple Tops with RSI to Build More Confidence in Your Trading
How to Spot & Trade the RSI Trendline Upside & Downside Breakouts
Using the RSI Failure Swing Method to Enter the Market
Identifying the Most Powerful RSI Signal on the Chart
How to Use RSI to Correctly Identify a Price Upside & Downside Breakout Trade
Avoiding the Premature and False RSI Signals
Use RSI with Multiple Timeframes to Spot the Pullback Trading Opportunities
Requirements
You must have the Willingness to Learn & Study
You must have an Open Mind to New Concepts
You must be Willing to Question Your Existing Beliefs About the Markets & Candle Patterns
You must preferably do Level 1 to 10 of my Japanese Candlesticks Trading Mastery Program
Description
All the Levels of The Japanese Candlesticks Trading Mastery Program are designed to help you :
Learn How to Trade Stocks, Forex & Commodities Using Candlesticks & Technical Analysis to Become a Professional Trader
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This is going to be more like a sequel to the Level 10 course.
In level 10, I argued that, we can take a normal position size on a continuation trade, but half position size on a reversal trade.
This concept gets modified, the moment you add something called as RSI on the reversal trade, because now you have additional confirmation.
In this level, we are going to take a deep dive into the RSI, because it is one of the most widely used, popular, yet widely misunderstood and under-utilised indicator.
The RSI is one of the simplest, yet one of the most powerful indicators ever invented in technical analysis.
My goal for Level 11 is to help you understand each and every aspect of RSI, and how it can be an extremely powerful tool in your trading arsenal, especially helping you build confidence while going for the reversal trades.
Here the sub-topics covered in the course: [12 sections]
Introduction
Introduction
The 2 Types of Trades & Position Sizes
The RSI & its 3 Main Applications
RSI as a Leading Indicator
RSI as a Co-incident Indicator
W Bottoms & RSI
The Rules
The W Bottom & RSI Bullish Divergence
The Bullish Engulfing Pattern at a W Bottom
A Classic RSI Bullish Divergence at a W Bottom
A RSI Bullish Divergence without a Candle Pattern
A W Bottom without a Candle Pattern
An Upside Thrust with a RSI Bullish Divergence
RSI Divergence Yet Not a W Bottom
The Hammer without a W Bottom
The Importance of an RSI Divergence
The Importance of Position Size
The Importance of Being Cautious
Trading a Low Probability Setup
Triple Tops & RSI
The Perfect Triple Top with RSI Divergence
The Lower Second Top
The Shooting Star at the Third Top
The Triple Top without a Candle Pattern
Lower Highs on the RSI
The Non-Ideal Triple Top with RSI Divergence
This is Absolutely Not a Triple Top
The Long Period Divergence
A Strong Opening at the Third Top
The Break of the Middle Band
Always Keep a Conservative Stop Level
The Short Signal Below the Lower Band
RSI Trendline Upside Breakout
RSI Trendline Breakout as a Leading Indicator
RSI Trendline Breakout as a Coincident Indicator
The Multi-Testing Price Trendline
Price Confirmation of a Candle Pattern & RSI Breakout
The Multi-Tested RSI Trendline
RSI Trendline Downside Breakout
The RSI Breakout after a Bearish Divergence
The Falling Window RSI Breakout
The Trendline That Was Tested 9 Times
The Imminent Breakout
The Importance of a Conservative Stop Loss
RSI & Price Upside Breakout
The Classic Price Breakout Confirmed by RSI Strength
The Rising Window at a Breakout Confirmed by RSI
Another Classic Rising Window Breakout & RSI
The Importance of RSI Strength
The Importance of Patience at a Breakout Area
RSI & Price Downside Breakout
RSI Falls Below Reference Line at a Breakout
The 2 Falling Window Breakouts with RSI Confirmation
A Clear Weakness in the Market
An Aggressive Downside Price Breakout
The Box Range Breakout Confirmed by RSI Weakness
The Upside RSI Failure Swing
The Rising Window at an Upside Swing
The Failure Swing at a Crucial Turning Point
The Failure Swing Confirming a Base Formation
The Correct Identification of a Failure Swing
Wait for a Failure Swing Confirmation
The Downside RSI Failure Swing
The Downside RSI Failure Swing
The Power of a Failure Swing Point
The Bearish Divergence Confirmed by a Failure Swing
The Falling Window at a Failure Swing
The Importance of Following a Criteria
The Most Powerful RSI Signals
The RSI Bullish Divergence & a Bullish Engulfing Pattern
The RSI Bearish Divergence & a Bearish Engulfing Pattern
The RSI Bullish Divergence Without any Candle Pattern
The RSI Bullish Divergence without a W Bottom
The RSI Bullish Divergence & a Bull Harami
Premature RSI Signals
The RSI Sell Signal at the Upper Band
The RSI Sell Signal at a Rising Window
The RSI Sell Signal at the Start of a Rally
The RSI Buy Signal at a Falling Window
The RSI Buy Signal at the Middle of a Downtrend
Spot the Pullbacks Using the RSI
The Weekly Bearish Pullback Confirmed by Daily RSI
The Incredible Bullish Move After the RSI Cross
Learn concepts that apply to any type of trading. If you know how to read one chart, you can read them all. This course through its various levels will help you understand this unique and most primitive technique of trading. The Japanese Candlesticks Trading Mastery Program can be applied in any or all of the following areas of work :
Forex Trading / FX Trading / Currency Trading
Stock Trading
Commodity Trading
Options Trading
Futures Trading
Intraday Trading / Day Trading
Positional Trading
Swing Trading
Technical Analysis of Stocks, Commodities & Currencies
Price Action Trading
Chart Pattern Analysis
Cryptocurrency Trading
Standard Disclaimer : The material presented here is for educational purposes only. Please do proper due diligence. There are risks involved in markets. Returns are never guaranteed. The Japanese Candlesticks are a tool, not a trading system. However, they can be used for any timeframe, any asset class (stocks, commodities & currencies) and any financial instrument (spot, futures & options). The principles discussed in this course are applicable to any market in the world, provided the price information is accurate and is coming from a reliable source. This course is not about which broker you should use or how to use your respective broker platform. This course is about educating you on Japanese Candlesticks in detail so that you can apply these principles in your own market and in your own trading style and timeframe.
Who this course is for:
Salaried Professionals
Doctors
Lawyers
Entrepreneurs
Retirees
Students
Home Makers
Anyone Who is Serious About "Professional Trading as a Way of Earning a Consistent Income from the Markets"
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