Decode Candlestick Patterns At The Trading 101 Masterclass2 min read
Technical analysis is fascinating and provides insight into market sentiment. It’s definitely a tool that traders can use to make consistent profits.
However, technical analysis is a vast, complicated subject. Candlestick charts are one way of analysing the movement of a stock price. But you might need training to fully comprehend all the patterns.
That’s where the Trading 101 Masterclass comes in. Register for an exciting session with renowned international trader and coach Sam Seiden on December 4.
1. What are candlestick charts?
If you’re completely new to technical analysis, read on.
Investopedia defines candlestick charts as a “technical tool that packs data for multiple time frames into single price bars.” The patterns can indicate whether the bulls or bears are in control of the market.
The candlestick contains the open, high, low and close of a stock index. The “wick” of the candle contains high and low, while the body of the candle shows the open and close.
So a red candlestick means that the closing price was lower than the opening price, and a green candlestick means the reverse.
2. What will you learn at the Masterclass?
In this Masterclass you will learn to spot candlestick patterns, and get introduced to how international trading systems work.
Here are the topics that will be covered in the session:
- Demand and Supply trading
- Components of a zone & how to identify them
- 2 common mistakes that novice traders make
- Price Action-based trading using candlestick patterns
- The “Golden Cross” and how to use it
- Risk Management and Position Sizing
You will receive a certificate after completing the session, and the complete recording of the Masterclass.
What are you waiting for?
Event Disclaimers
- Trading & Investing are financial transactions which are subject to market risks, read all scheme related documents carefully
- Investments in the securities market are subject to market risks; read all the related documents carefully before investing. Paytm Money Limited. SEBI Reg No. Broking – INZ000240532. NSE (90165), BSE (6707). Registered Office: 136, 1st Floor, Devika Tower, Nehru Place, Delhi – 110019. For complete disclaimers visit www.paytmmoney.com.
- Representations are not indicative of future results
- All the discussions are purely educational in nature and are in no way an advice or recommendation.
