Market Analysis: Japanese Candlesticks Decoded

Course description

‘Japanese candlestick patterns’ are the ABCs of technical trading and are used by traders as a layer of evidence towards making a trade. This short course explains the different charts used in finance and shows you a comprehensive set of patterns you can apply when analyzing any financial market. This course is designed to help aspiring traders and investors develop their edge, be it in stocks, forex, index or commodity markets.

This course will teach you how to use Japanese candlestick patterns to analyze and interpret financial markets. Of the many analysis techniques available to traders, Japanese candlestick analysis is one of the most popular. This course will provide and explain an extensive set of patterns you can use with other techniques to spot potential reversals in the current market trend, and ultimately to help find trade setups and trading opportunities. It will take you through the different chart types, why traders use Japanese candlestick analysis, how to conduct it and provide detailed explanations into over 20 patterns. Through engaging videos, detailed write-ups, real-life examples, tasks and an end-of-course test, it will take you through each pattern in detail, explaining how it develops and what it suggests is going on in a financial market.

Broken down into three modules, the course will first explain three different types of charts and the pros and cons of each. This will lead onto candlesticks which, by this stage, you will know what they are and how they form. Module two builds on this and introduces single candlestick patterns - the simplest form. The material will explain 12 popular patterns to look for and what they tell analysts about the sentiment in a market. Finally, in module three, you will look at multi-candle patterns. These are rarer but, nonetheless, give vital clues about the state of a market. At the end of the course, you will have an understanding of over 20 Japanese candlestick patterns, know how to use them to interpret the market and how they can be used to gain insight into a market. It finishes with a comprehensive assessment of your abilities.

The course is designed to take you from beginner through to a good level of understanding. By taking the course, you will improve your financial investment skills. If you want to stand out from the crowd in a job interview for a financial services firm, start trading your own capital on financial markets with the aim of returning a profit or you want to learn a new skill, then this course will enable that.