Steve Nison Candle Charting Essentials & Beyond

Steve Nison ‘ s Discover How To Trade With Your WHOLE BRAIN

Another important part of combining “East and West” is a new concept I’ve discovered called Whole Brain Trading™ …

… which helps you understand how to use the best of Asian trading approaches (such as candlestick charts) and Western approaches (technical indicators).

The result is a potent combination of both logical and integrative thinking that uses your whole brain!

The left brain is the logical, linear side of who you are. It is used for reasoning, analysis, and calculation. It is mathematical, verbal, sequential, and pragmatic. This is the rational side of the brain.

On the other hand, the right side of your brain is the imagination center that thinks in pictures. It is intuitive and is used for synthesizing information.

In trading terms, the left brain reflects linear and logical Western approaches such as technical indicators.

The right side is the contemplative and integrative Eastern thought process with its broad outlook, which appears as candlestick charts.

During the seminar I’ll reveal how — and why — you should use both sides of your brain when you trade.

The results can be explosive as you maximize your results!

Here’s what you’ll discover…

The History of Candles
Practical guide to drawing the basic candle lines – real bodies and shadows
Tactics on using real bodies to gauge market momentum
Adding the insights of upper and lower shadows
Identifying false breakouts using candle charts

Single Candle Lines
How to use individual candle lines to get early clues of market turns
Techniques for using tall white and black candles
Uses and misuses of Doji
Gravestone doji
Dragonfly doji
Spinning Tops
Hammer
Hanging man
Shooting star
Inverted hammer
High Wave
How to use candles to anticipate the likely direction of breakout from a lateral trading market

Double Candle Line Patterns
Dark Cloud Cover
The bull and bear engulfing patterns
Bull and Bear Harami
Piercing Pattern

Triple (or more) Candle Line Patterns
Morning Star
Evening Star
Three white soldiers
Three black crows
3 Mountain tops
Tower top and tower bottom
Rising and falling three methods

Windows
Why small windows are better than large windows
Fry pan bottoms and dumpling tops
Island tops and bottoms
High price gapping play
Gapping doji

Overbought/Oversold Indicators
Record session highs
Record session lows
The Disparity Index
East and West

Candles and Trendlines
Change of Polarity
How and why prior support can be converted into new resistance
How and why prior resistance can become new support
False Breakouts
How to recognize and take advantage
Candles and Moving Averages
Candles and Bollinger Bands
Candles and Retracements including Fibonacci
Candles and Oscialltors including RSI, Stochastics, Moving Average Oscillator, MACD
Candles and Volume

Trade Management Essentials
How to effectively use candles in your everyday trading
The one rule every trader ignores at their own peril
The importance of trend
Using Candles to place stops
Effective money management concepts to maximize the effectiveness of candle charts
How and why some traders get “burned” with candles
“Nison Trading Principles” — Critical Refinements and Enhancements for High Success Trading with Candlestick Charts
You can use a candle signal to place a new trade, to offset a trade, or even AVOID a trade! Steve will show you how to quickly recognize how to know what to do in every circumstance
Steve’s all time most important trading rule — don’t even consider a trade without knowing using this rule!

Here’s what you’ll learn:

Volume 1 DVD1: The Candles – The Framework
* Why is Steve Nison the source for your candle education
* Anatomy of the candle line
* The importance of understanding market psychology
* The popularity of candles
* The 7 major benefits of candles
* How candles can be used in all time frames and all markets
* Why candles are a tool and not a trading system
* Introduction to Steve Nison’s Trading Triad™ Success System
* 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 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
* High Wave Candles
o Basic Criteria
o Market implication
o Basic psychology behind the pattern
* Starting to read the market’s message with single candle lines

Volume 1 DVD 2: Essentials of Single Candle Lines
* Hammer Essentials
o Construction
o Basic criteria
o Market implications
o Basic psychology behind the pattern
o Hammer and trend
o As support
o Dragonfly doji
* Inverted Hammer Essentials
o Construction
o Basic criteria
o Cautions about this pattern
* Shooting Star Essentials
o Construction
o Basic criteria
o Market implications
o Basic psychology behind the pattern
o As resistance
o Example of wrong candle information
* Hanging Man Essentials
o Construction
o Basic criteria
o Cautions about this pattern
* Box range trading- using candles to help predict direction of breakout
* Single candle line essentials – bringing it all together

Volume 1 DVD 3: Essentials of Bull and Bear Double Candle Patterns
* Bullish Engulfing Pattern Essentials
o Construction
o Basic criteria
o Market implications
o Using as support
o Basic psychology behind the pattern
* Piercing Pattern Essentials
o Construction
o Basic criteria
o Market implications
o Using as support
o Basic psychology behind the pattern
* Bull Harami Essentials
o Construction
o Basic criteria
o Market implications
o Using as support
o Basic psychology behind the pattern
* Bearish Engulfing Pattern Essentials
o Construction
o Basic criteria
o Market implications
o Using as resistance
o Basic psychology behind the pattern
o Compared to western outside reversal
* Dark Cloud Cover Essentials
o Construction
o Basic criteria
o Market implications
o Using as resistance
o Basic psychology behind the pattern
* Bear Harami Essentials
o Construction
o Basic criteria
o Market implications
o Basic psychology behind the pattern

Volume 1 DVD 4: Essentials of Bull and Bear Triple Candle Patterns Continuation Candles
* Morning Star Essentials
o Construction
o Basic criteria
o Market implications
o Basic psychology behind the pattern
o Using as support
o Variations
* Evening Star Essentials
o Construction
o Basic criteria
o Market implications
o Basic psychology behind the pattern
o Using as resistance
o Being flexible
o Variations
* Three Advancing White Soldiers
o Construction
o Basic criteria
o Market implications
o Basic psychology behind the pattern
o Pattern nuances
* Rising and Falling Three Methods
o Definition
o Construction
o Pattern nuances
* Rising and Falling Windows
o Definition
o Construction
o Using for maximum success
o Common misuses of this signal
o Breakaway gaps and windows
o Fry pan bottom – definition, construction and uses
o Dumpling Top – definition, construction and uses
* How NOT to use candles!

Volume 2 DVD 5: The Essentials of East with West – Part 1
* How adding Western technicals improves trading success
* Candles and trend lines
o Sloping trend lines
o Bull and bear channels
o Horizontal trend lines
o Bullish Change of Polarity
o Bearish Change of Polarity
o Crack and Snap as a bull signal
o Falling Off the Roof as a bearish signal
o Importance of looking at candles in context
o Candle by candle example of East- West

Volume 2 DVD 6: The Essentials of East with West – Part 2
* Candles and Volume
o Tall white candle and volume
o Using Volume and candles to gauge shifting market psychology
o Volume and engulfing patterns
o Volume and windows
o Volume and small real bodies and doji
o Volume and crack and snap
o Selling climaxes
o Candles and open interest
* Candles and Bollinger Bands
* Candles and Oscillators – Introduction
o Introduction to oscillators
o Basics of how to use oscillators
o Divergence
* Candles and Stochastic
* Candles and RSI
* Candles and MACD
* Candles and Dual Moving Average Oscillator

Volume 2 DVD 7: The Essentials of East with West – Part 3
* The Disparity Index
o Definition
o Construction
o Using the disparity index to gauge if market is overextended
* Record session highs and lows
o Definition
o Using to measure overbought and oversold levels
* Candles and Retracements
o Using 50% retracements
o Using Fibonacci retracements
* Candles and Moving Averages
o Moving averages as support and resistance
o When to use – and not use – moving averages
* Candles and Price Patterns
o Head and Shoulders
o Inverted Head and Shoulders
o Box range breakouts
o Ascending and descending triangle
o Swing targets
o Bull and bear flags
o Price targets and candle confirmation
* East – West: Putting it all together
o How candles and west called major market highs and lows

Volume 2 DVD 8: The Essentials of Trade Management
* The danger of treating all the candle signals the same
* Importance of trade management
* Protective stops as a foundation of risk management
* Price targets
o Price targets with pivot highs and lows
o Price targets using price patterns
o Price targets with bull and bear channels
* Risk/ reward- why this should be an essential component of trading
* Importance of Short Term Trend
o A common misuse of candles and trend
o When is a bearish engulfing pattern not a bearish engulfing pattern?
* Importance of Longer Term Trend
o Using longer term trend to set up directional trades
o Dual moving averages to define longer term trend
* How to Trade Expected News
* The If…Then Principle
o What this principle means to your trading
o The 3 ways to use this trading principle
* Adapting to the Market – A key strategy when in a trade
* Candles in Context
o Using trade management to help determine the better candle signals