How to Read Candlestick Patterns (Step-by-Step Guide)

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  • Опубликовано: 21 ноя 2024

Комментарии • 258

  • @DaytradeWarrior
    @DaytradeWarrior  5 месяцев назад +235

    DOWNLOAD MY 112 PAGE CHART PATTERN STUDY GUIDE PDF HERE: 🍏 warrior.app/chart-pattern-study-guide

    • @romanstingler435
      @romanstingler435 5 месяцев назад +4

      Thank you so much

    • @jacobkolic5810
      @jacobkolic5810 5 месяцев назад

      Thank you. New to trading and really want to take this seriously. Cant wait to study this.

    • @dakunye8984
      @dakunye8984 5 месяцев назад +1

      Where can I buy your avocado shirt please! I want to buy for my boyfriend 😂❤

    • @OjoEbenezer-m9d
      @OjoEbenezer-m9d 4 месяца назад

      Do you need bots to trade automatically on your account?

    • @musaidrees4090
      @musaidrees4090 2 месяца назад

      thank sir

  • @PE-TX
    @PE-TX 5 месяцев назад +150

    You did an entire class on candlesticks in 55 minutes and made it easy to follow and learn. Thanks, you're a great teacher!

  • @tubotrill4607
    @tubotrill4607 27 дней назад +9

    these should be developed as a curriculum from grade 1 to 12 so as students are graduating, they are getting their freedom from poverty. Thank you, you are a blessing!!!

  • @MeerkatMatt
    @MeerkatMatt 2 месяца назад +22

    these beginner classes are awesome, even advanced traders should keep revisiting these! like Dan Kennedy (famous marketer) once said when he was asked what he was doing at the beginners marketing event, he said: "if I am going to make mistakes, I don't want it to be the most basic obvious ones", meaning understanding and remembering the most basic things is the most important thing, you never want to get taken out in life by ignoring and forgeting about the basics!

    • @robertclemmons1666
      @robertclemmons1666 24 дня назад +1

      Vince Lombardi, after a Packers loss would take his Pro team and go all the way back down to the fundamentals. "Men, this is a football." From there he would cover the basics of blocking and tackling. Keeping a strong foundation in the basics is the way to accurately and consistently apply advanced tactics. It's like dancing with a woman when you have your feet under you vs on top of hers.

  • @rensoftnanotech597
    @rensoftnanotech597 Месяц назад +3

    Wow, I'm a rookie, but the way you explain it makes it easy to understand. Please keep up the good work; it is extremely beneficial to newcomers like myself. I really appreciate it.

  • @EverettBlunt
    @EverettBlunt 5 месяцев назад +26

    This was the BEST and GREATEST explanation of stock candles I've seen on video! Thank you

  • @naomicoutinho8499
    @naomicoutinho8499 5 месяцев назад +17

    Excellent! You are a great teacher! You can impart for sure. You were clear and organized. You added on layers so masterfully and kept it very interesting. Very helpful lesson. Absolutely grateful to you for sharing Thank you so much!!

  • @Laphroaig16
    @Laphroaig16 4 месяца назад +5

    Just jumped back in at 42 min ish, and LOVE how you really digging into the detail of where you would get in or out and why.

  • @KnoxVision-n6r
    @KnoxVision-n6r 13 дней назад +2

    My favorite trading teacher thus far. God Bless You and your family and thank you for helping me to help mine! ❤

  • @reinaldosanchez5594
    @reinaldosanchez5594 3 часа назад

    Hey ross always wanted to understand the Candle and what it means. I knew a little like what's high and what's low, but watching this video, I can understand more, meaning what they represent super excited to watch more of your video and to learn even more for the future

  • @kristengurka
    @kristengurka 5 месяцев назад +15

    I have followed your post for a couple weeks. This one was A “Game Changer” I have always been interested in trading and know it “could have” been a great career for me. I lucked out and chose another successful route but your videos have inspired me to learn a passion that I have always had (since forth grade and that’s saying something because that’s before anyone really thought about the stock market in the late 80’s”. Thank you so much for sharing your gift of educating all levels of people that want to learn!! !!!! You ROCk!!

  • @AutumnRainTurkel
    @AutumnRainTurkel 5 месяцев назад +5

    The thing I like about your videos Ross is that you repeat a lot of the same information. Studies have shown that studying in different settings and repeating the information helps it to stick in your brain better, watching your different videos with some of the same information really drives home the names, patterns, and entry and exit strageys. Thanks for being great at what you're doing and sharing your journey.

    • @joshuaquilliam2887
      @joshuaquilliam2887 5 месяцев назад

      Yes that is why I keep watching his videos. I am 40 now lmao and need to hear things several times to actually absorb the information. Plus he isn't boring and actually makes this stuff easy to understand. Most traders will not divulge their strategy.

  • @omnisurplus7326
    @omnisurplus7326 15 дней назад

    Wow I'm so old school and always way taught to work as a first generation Italian. Was always slow in learning English and schooling until I started to get into high school. Now I'm in my 50S I wish I could of been knowing knowledge on trading its not that hard to understand candlestick trading. You was so easy on the mind to teach it so simple I always thought that I couldn't figure out how to trade. But slow and easy wins the game. Thanks again for your help I will keep on watching your skills. Appreciate your support and help.

    • @DaytradeWarrior
      @DaytradeWarrior  14 дней назад

      Hey I offer a full course of education for warrior members, you can check it out on the 2 week trial it includes Live stream trading with me, scanner alerts, member chatroom, news alerts and customizable charting as well as some chapters of the education in the warrior pro education portal www.warriortrading.com/pro-preview-trial/
      November 1, 2024

  • @kennedypatrickmogaka92
    @kennedypatrickmogaka92 Месяц назад +1

    I'm a beginner and I'm getting well with your candles 🕯explanations very well. Thanks for sharing this great knowledge for free. GOD BLESS YOU ABUNDANTLY 🙏❤

  • @joaquim_the_gamergames4689
    @joaquim_the_gamergames4689 Месяц назад

    You're doing great sir! I'm a daily trader, blowing my accounts up regularly, now I refreshed on the candles type...thumbs up! ❤

  • @asekalokubalasuriya6791
    @asekalokubalasuriya6791 Месяц назад +1

    WOW! Only now I understood how to read the candles properly, my mind is so clear. Thank you so much for sharing your knowledge with us. Means a lot! You will gain more in life! :)

  • @clubbizarre
    @clubbizarre 4 дня назад

    I haven't even started using your steps taught in this or other videos, but I can already tell it will be very helpful, when I compare it to other videos.
    So thanks. Will let you know if I turn my losers into winners at last.

  • @jonjojr
    @jonjojr Месяц назад +1

    this video is a gem. enjoy everyone, you don't get this education for free often.

  • @jacksonodhiamboonyukah.6853
    @jacksonodhiamboonyukah.6853 2 месяца назад +4

    Best ever explanation of candles ever, plus a free PDF. Thank you, Ross.

  • @vincentmiruka664
    @vincentmiruka664 2 месяца назад +1

    The most important candlestick video in the RUclips - Brilliant

  • @clubbizarre
    @clubbizarre 4 дня назад

    This guide finally made me understand why i start negative after i enter a trade.
    It's vecause i was looking at too large candles and they closed lower than when I bought the asset

  • @kerimd84
    @kerimd84 5 месяцев назад +5

    I love how you broke this down for beginners to understand. Thank you 🙏🏽

  • @SeanNorris-k8k
    @SeanNorris-k8k Месяц назад +11

    Good video! I have always struggles with pattern readings and the fact that he did all these in less than an hour, its incredible

  • @k.n.l3804
    @k.n.l3804 5 месяцев назад +3

    Thank you so much for explaining candles. You have the perfect generous nature and clear comms to give knowledge to others.

  • @samuelelloitt
    @samuelelloitt Месяц назад +2

    You are such a fantastic tutor.
    Your lectures make me feel excited in joining the stock market.

  • @gopim4674
    @gopim4674 5 дней назад

    Amazing teaching skills, you made it simple, I am not a beginner but this class of yours really helped me understand my fallouts. Thanks a ton for providing is Chart Patter Study guide. May be my trading skills will improve after this class.
    Thank you!
    G

  • @zlatavnukova1722
    @zlatavnukova1722 3 месяца назад +2

    This explanation on the white board is awesome! You are an awesome teacher. Thank you!

  • @MB-eo6vd
    @MB-eo6vd 5 месяцев назад +2

    I love how you make it sound so simple. you sir is a very good teacher.

  • @terryott2853
    @terryott2853 25 дней назад +1

    This is an awesome learning adventure for being somewhat of a novice. Ross, you rock!

  • @genesuhr252
    @genesuhr252 Месяц назад +2

    Ross, thank you for this lesson and study guide. You are a special person to care enough to share your success with others. Best regards.

  • @tonylowery2514
    @tonylowery2514 5 месяцев назад +1

    Greetings, thank you very much for your instruction. You teach better than most institutional instructors of higher education. I'm in the learning phase and watch many videos. Salute, you are the best yet explaining and breaking things down. I love how you just keep getting better. One question, you said practice. It may sound elementary but can do a video on how to practice the concepts taught in this video? Thank you

  • @ada-cs4uu
    @ada-cs4uu 3 месяца назад +3

    Thanks for the PDF just downloaded it. This is all new to me so far I am liking your videos. Since yesterday.

  • @raudiJesus
    @raudiJesus 5 месяцев назад +3

    I was looking for exactly this video, just got into trading and picked up your day trading book the other day!

  • @HeavyDutyCharlie
    @HeavyDutyCharlie Месяц назад +1

    Class is in session. Thank you for your time on this video. I’ve been looking for this exact one. 🤝

  • @HealthyHacks2002
    @HealthyHacks2002 5 месяцев назад +5

    this has been the best explanation of understand these candles thank you so much I do believe I am going to get your course

  • @abijeeth23
    @abijeeth23 5 месяцев назад +5

    thank you verymuch sir..i always following you watching your all vidios .. im from india ..you are such a great teacher ,, love u😍

  • @lildejean2551
    @lildejean2551 3 месяца назад +2

    Thank you man,I watch RUclips videos a lot but this one is the first video lesson I completely understand and satisfy of it

  • @drewski6843
    @drewski6843 5 месяцев назад +3

    Thanks Ross.
    Getting back into trading and always refer back to your vids and education.
    Have time now to start studying.
    Looking forward to you live pre market yt shows.
    Thanks.

  • @marga23
    @marga23 5 месяцев назад +2

    Thank you so much for putting this video together! It is a game changer for me, now I know the story of each candle . I need to practice in my paper trading! Gracias 🙏

  • @bolaojewumi2737
    @bolaojewumi2737 24 дня назад +1

    I'm a beginner. I really appreciate you for this video ❤

  • @chukwuemekaonyema2716
    @chukwuemekaonyema2716 3 месяца назад +2

    Amazing teacher. Need to watch this weekly as reminders

  • @nirmal25
    @nirmal25 День назад

    You've perfoermed the role of an Educator very nicely...Subscribed you!

  • @btaylor9661
    @btaylor9661 Месяц назад +1

    WOW. You are one super trader and sharing person. I have been trading for a long time, not well mind you, but for a long time. I watch a lot of youtube videos and and paid for training. &ou are not only good but GREAT!

  • @unlimitedclips3144
    @unlimitedclips3144 5 месяцев назад +4

    Man I can’t just leave without saying thank you very much man
    I appreciate, ur a great teacher you know, so more successes 👍👍

  • @330Buckeye
    @330Buckeye 3 месяца назад +2

    Priceless information! You have a incredible gift of presenting information. Thank you for the transparency and value. Many Thanks!

  • @chrisbellomo2763
    @chrisbellomo2763 5 месяцев назад +2

    Another awesome video by the best trading instructor on RUclips. Thanks Ross!

  • @alex20707
    @alex20707 3 месяца назад +2

    So so so good. I wanna watch this at least 2 more times. Thank you so much

  • @stephenguinn6007
    @stephenguinn6007 Месяц назад +2

    Great lesson, for some reason I fancy avocado for lunch. Thanks for your excellent teaching.

  • @theclouds1979
    @theclouds1979 3 месяца назад +2

    Best explanation on RUclips you make things easy. thanks man 👍🏼

  • @KeithHill2
    @KeithHill2 5 месяцев назад +2

    Ross, Thank you so much. Best candlestick tutorial I have watched. Very helpful.

  • @kabandajamir9844
    @kabandajamir9844 4 месяца назад +1

    The world's best teacher thanks sir teach us how to make a trade and stop los and profit

  • @hafablake3599
    @hafablake3599 5 месяцев назад +2

    Thank you for your efforts man. Seriously appreciate your direction and how thorough you are.

  • @LCT-us9kq
    @LCT-us9kq 5 месяцев назад +1

    Great video and thanks for all the info! You should do a video about all your hot keys and how you set them up, I feel so slow trying to buy/sell in real time and often end up not getting my max profit because I take so long.

  • @ktownconnect
    @ktownconnect 5 месяцев назад +7

    As a small business owner for the past 15 years I have realized ideas are only as strong as ability. The stock market is a great way to utilize small business entrepreneur skills in a large scale decisions. Let's face it, small business is dead. Using your risk is better served as an individual working along the masses

  • @thefinancialdiet2821
    @thefinancialdiet2821 5 месяцев назад +2

    You make it really simple and easy to understand.
    Thank you for sharing 🙏🏾

  • @nimkal
    @nimkal 5 месяцев назад +6

    Make more like these Ross! Very helpful. Thanks

  • @DayTradeJourney
    @DayTradeJourney 5 месяцев назад +11

    Thank you for continuing to educate us, Ross!

  • @JOSECRUZ-tu3lb
    @JOSECRUZ-tu3lb 4 дня назад

    Great explanation, very simple and practical. Really enjoyed the video! great for a beginner like me.

  • @256donb
    @256donb 22 дня назад +2

    This is the best lesson i have ever hard in my entire life
    best of them all

  • @mudzibaba
    @mudzibaba 5 месяцев назад +2

    Just as I was about to move onto the next step of my preparations for paper trading this video popped up... Here we go again.

    • @Haha-Harvest0
      @Haha-Harvest0 5 месяцев назад

      Yo bro i also started paper trading a week ago but all my trades based on indicators end up hitting the stoploss. Is it the same for you? Wat do you recommend

    • @mudzibaba
      @mudzibaba 5 месяцев назад

      @@Haha-Harvest0 I haven't paper traded yet, I'm still preparing for it by going through steps that Ross mentions at the end of his audiobook. How long did you learn/prepare before you started paper trading?

    • @Haha-Harvest0
      @Haha-Harvest0 5 месяцев назад

      @@mudzibaba about 35 minutes by watching a youtube tutorial lol

    • @mudzibaba
      @mudzibaba 5 месяцев назад

      @@Haha-Harvest0 There's your problem, lmao. I've been learning for more than a month and still haven't started paper trading. I only open my paper trading platform to watch charts and prepare it for once I start paper trading. 35 minutes isn't enough to setup your charts let alone trade.

  • @Sherrrrrrrrrrrrrrrr
    @Sherrrrrrrrrrrrrrrr 3 месяца назад +2

    Great thanks for teaching
    Learned easily
    This improved my confirmation and confidence

  • @sac6h
    @sac6h 27 дней назад +1

    Good video Ross. keep up the good work.

  • @ratnakarki2682
    @ratnakarki2682 2 месяца назад +1

    100000000000 % best teacher . from Canada ontario, city windsor

  • @kingsleynnona1309
    @kingsleynnona1309 4 месяца назад +1

    I love your teaching. More grace.

  • @DissiNotRA
    @DissiNotRA 5 месяцев назад +1

    You are just the best man! Thank you so much for being such a great teacher and sharing with us! Addicted to your channel! Much love! 💜

  • @ArcGlowingVision
    @ArcGlowingVision 5 месяцев назад

    I never made the connection between Hammers and Dragon Fly's (that was awesome).
    ABCD was so brilliantly illustrated, but it's crazy on the A to B how quick you exit (caught me off guard) no wonder your commissions are so high.
    🐻 Great lecture Ross.

  • @christophertaylor5403
    @christophertaylor5403 2 месяца назад +2

    You explained it very well thanks .

  • @beestingproductions8430
    @beestingproductions8430 4 месяца назад +3

    best teacher there is

  • @bluebird2833
    @bluebird2833 28 дней назад +1

    Greatly appreciated, Ross!

  • @hankjones3527
    @hankjones3527 6 дней назад

    Great video. One small error, at 5:40 inadvertently had the bottom as close and the top as open when, as per the graph to the left, the bottom should be open and the top the closing price.

  • @honeyb5217
    @honeyb5217 2 месяца назад +1

    Wow this was really informative and easy to follow. Thanks!

  • @gazaqua007
    @gazaqua007 5 месяцев назад +1

    Your so passionate about trading n we love it .. I can tell u can do this 24/7 365.... thanks for your help

  • @VolvoLaplanderCamper
    @VolvoLaplanderCamper 19 дней назад +1

    Thanks for the very good explanation 🕯

  • @capturingcraig
    @capturingcraig 2 дня назад

    Great video! It was easy to follow and understand. Keep up the good work!

  • @moebrahim7888
    @moebrahim7888 4 месяца назад +2

    Absolutely amazing explanations thank you

  • @debra9853
    @debra9853 5 месяцев назад +2

    Thank you for this video. I learned so much

  • @angelpuertorico3765
    @angelpuertorico3765 5 месяцев назад +12

    "1...2...you dont need to count them...i dont know why im counting them" i felt that haha

  • @danmurray2074
    @danmurray2074 5 месяцев назад +2

    Pure GOLD. THANK YOU!!

  • @henrycheco9615
    @henrycheco9615 5 месяцев назад +1

    Best teacher I’ve seen.

  • @Reveluation
    @Reveluation 3 месяца назад +3

    Thanks For Sharing Sir!

  • @moneymotivated4229
    @moneymotivated4229 5 месяцев назад +7

    My biggest problem is my addiction, I wish I had more self control and not let my emotions get the best of me. This like a drug. It’s a high when you see that green + sign and you getting that money. When that trade is done your on a high. It wears off and your looking for your next hit. Just like a drug. Very addictive.

  • @karlosromero787
    @karlosromero787 Месяц назад

    thanks for all the info. you just has shared with us it's so value. I am new beginning on this field. thank you for being so kind and explain all the information. god bless you.

  • @SheltonJustin
    @SheltonJustin 4 месяца назад +1

    You make trading look easy Sir , thank you so much 4 your information

  • @HamzaHarunaAliyu
    @HamzaHarunaAliyu 2 месяца назад +1

    you'll prosper in life sir till eternity.

  • @damodarankrishnamoorthy6805
    @damodarankrishnamoorthy6805 16 дней назад

    Really v.good & v.v.Interesting. Thanks a lot for sincere effort to make it simple and easy way to understand .
    Regards
    Damodara.

  • @GB-kl2pd
    @GB-kl2pd 5 месяцев назад

    Hello Ross, I love your videos. I am learning so much. On the over/under candle, do you wait for the candle that breaks the high/low to close before entering the trade? Or are you entering as soon as the candle breaks the high/low? Thanks.

    • @DaytradeWarrior
      @DaytradeWarrior  5 месяцев назад +1

      Generally yes, unless momentum is very strong.

  • @95lovi
    @95lovi 29 дней назад +1

    Im a newbie to this whole voodoo. I understand practicing, does that mean loosing a lot of money before becoming a seasoned hunter?

  • @ambergregory7152
    @ambergregory7152 3 месяца назад +1

    This is one of your best video🎉 thank you for sharing

  • @gyavirabush1684
    @gyavirabush1684 4 месяца назад +2

    This is awesome... thanks much ❤

  • @peterlutalo6005
    @peterlutalo6005 4 месяца назад +1

    It was worthy watching and listening. Thanks 🙏

  • @patrickmcm
    @patrickmcm 12 дней назад

    Thank you. Very clear, and you come across so well.

  • @SunilSingh-qw3hg
    @SunilSingh-qw3hg 4 месяца назад +1

    best tutorial i have ever seen

  • @MK826-e6y
    @MK826-e6y 3 месяца назад +1

    Super informative as a futures trader

  • @tanyagreen2053
    @tanyagreen2053 5 месяцев назад +2

    I didnt know ANYTHING about Trading, Ross 😮you explain in such detail and Very Thorough, I am definitely excited and looking forward to becoming a warrior Student❤

  • @deniserush7089
    @deniserush7089 2 месяца назад +1

    Thank you this lesson was super!

  • @BenjaminPangai
    @BenjaminPangai 21 день назад +1

    Thanks broo learnt soo much ❤❤🎉

  • @steveb1307
    @steveb1307 4 месяца назад

    Can I apply these strategies to daily charts. A very informative tutorial.

  • @TopeSamuel
    @TopeSamuel 22 дня назад +1

    You are a blessing, thank you.

  • @RDCards
    @RDCards 5 месяцев назад +2

    Thank you so much! Blessed

  • @alvarojurado2199
    @alvarojurado2199 5 месяцев назад +10

    If you think of your thumb as the close and your pinky as the open . Thumbs down, the market closed below the open. Thumbs up market closed above the open.