Some traders spend years "learning" to trade and still never even come close to understanding what is actually happening on their charts – and they continue to wonder why they are not making any money trading – unbelievable!!
You do NOT want become one of these loser traders who can’t make any money trading because they don’t even understand what they’re looking at!
How many hours have you spent looking at charts so far in your trading career… ten hours?… one hundred hours?… even one thousand hours?
Whether you’ve spent ten hours, or ten thousand hours, it’s not too late for you to turn your trading around right now!
I’m sure you’ve seen plenty of trading charts… and I’m sure you’re still struggling to make money trading Forex, right?
Most new traders just want a "system" or "robot" to trade for them because they think trading is difficult. I’m going to let you in on a little secret here… trading is very easy.
It’s true , trading is easy, if you spend a little time learning how to read the charts – it doesn’t take much!
Perhaps you’ve bought Forex systems and strategies in the past and were unable to make money with them. Why do you think this is?
I would imagine what you purchased was simple to understand and you probably even took trades with it. You felt happy with it at first, right?… You were making trades and winning those trades. The system was great!
Then the system started making some losing trades and your confidence started to drop… and your confidence continued to drop as the losses continued…
You want to know why this happened? I’ll tell you why… it’s because you didn’t understand what was happening when you looked at your chart!
You’re probably thinking this sounds too simple, right? Well, I’m going to be honest with you here, I don’t care what you think. I know that sounds harsh, but I’m here to tell you the truth about trading, and if that means I say some things you don’t like – that’s the way it has to be.
I have no interest in sugar-coating words and telling you things about the market that are just plain wrong.
The is a lot of stuff out there on trading… books, courses, seminars, websites, etc. There is some good information and some bad information – but I’m not going to talk about any of these things…
What you need to know is this: Trading systems, robots and signals are just quick fixes to your trading; almost all of these don’t work. And even when they do you typically have to rely on someone else for them to work!
The only real way that you are going to achieve what you want trading Forex is by taking a solid approach where you don’t have to rely on others.
Stop relying on indicators that only show you what has happened in the past. It’s time you learned how to read charts so that you can understand what they are telling you right now – in real-time.
Now I really need to clear up a couple of things about candlesticks; many new traders think they are "old technology" and that what we have available now must be better. This is totally false – plain and simple.
Don’t believe me? Okay, take any indicator, and I mean ANY indicator, and tell me that it doesn’t use old market information…
"A 5-period Moving Average on an hourly chart?"… it uses information that is five hours old!
"A RSI (Relative Strength Index) with a period of ’10’ on a daily chart?"… that information is two weeks old!!
But giving you real-time information about the market is just a fraction of what candlesticks can do for your trading.
Candlestick analysis is so much more than just being able to memorize some Japanese names of candle patterns. Having a proper understanding of what the candlesticks on a chart are telling you will make you feel like you have super-powers…
When you start using candlesticks the feelings of doubt you used to get when you weren’t sure if you should take a trade start to disappear.
You start seeing the market for what it really is and become super-confident in your trading abilities – especially as you start making well-informed trades where you finally understand exactly what you are doing!
You may have read about candlesticks before and you’ve probably found definitions on a number of websites. I’ve been to pretty much all the websites out there, and sure enough they provide definitions, but that’s all they provide – definitions. That’s no use to you as a trader who needs to make money…
Forex Candlestick Mastery™ is the ultimate guide to understanding exactly what the market is telling you: Read more…