Understanding Candlestick Charts for Beginners
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- Опубліковано 31 тра 2024
- Learn to trade for free - www.decisivetrading.info
Learn how to understand candlestick charts for beginners.
This video will teach beginners how to understand the information on a candlestick chart. It will take you through every part of the candlestick, step-by-step.
The information in this video is key for anyone interested in price action trading.
Future videos will teach you everything you need to know to become a successful trader. From beginner to expert. The information I wish had been available for me when I started trading.
Thanks,
Decisive Trading
Same here, My portfolio has been going down the drain while I try trading,l just don't know what I do wrong
I strongly advise you against self trading, it's really dangerous and had brought so many investors down, you need someone with the knowledge and strategies, someone dedicated to the crypto currency market business and I will strongly recommend expert Mrs Mary Callahan Erdoes
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Here in Canada Expert Mrs Mary Callahan Erdoes carries out the both orientation and mentorship
potentials
A share price is never low or high, it is what it is, what matters is whether it goes up or down from that point, I'm excited about the next bullrun as I'm buying as much as I can now, still words on the media says this crash has as much high-yielding possibilities as a bullrun, sure the risks are greater now, but they can be managed.
Having the knowledge is one thing and applying the strategies successfully is another, that's why mostly pros carry such trades out.
That's true, a lot of folks actually downplay the role of a portfolio-advisor these days. I remember couple summers back, after a lengthy divorce I needed a good boost to help my business stay afloat. With the aid of an portfolio-coach, grew my reserve of $300k to almost $850k that same year. Helped me
I nearly lost 4000 pounds trading a demo account, I thought it's just like trading the real market 🤔
LMAO😂 it's extremely annoying I never got luck on it at all.
@@shashiprakash8075 Have you lost when trying to invest on your own?
Like 2020 beginners
Cynthia Tabit 🙌🏾🙌🏾🙌🏾🤑
may the odds be in our favor
Fed up of working someone 9 to 5 modern slavery jobs from now on I gotta change for the better . 1 2 3 SUCCESS !
Really think about what your doing! Good luck
Me I'm not getting shut but I'm patient with myself
Watching this because this was never taught in school.
Honestly
You never plotted box plots in maths? 😳 errrrr
True statement!
Imagine teaching every kid this... Rich people like politicians would have so much competition. They don't want anyone to know it. Just like they changed the price from $2k to $25K needed to be a day trader. Their excuse was to protect amateur buyers lmao. Or was it because they didn't want poor people day trading and making enough to live on without a job?
School is not made for teaching people investmenting it's made for workers
Seriously this is the best video for beginners that i ever watch ...
+salman sahnoon Thanks Salman
Hope it ll help me haven t seen it yet
No seriously, yes it is the best video for beginners...so far. I agree.
yes,You are right.
This video was great
most vids on this subject seem like the narrators are on too much caffeine. thanks for keeping it slow and simple. I learned a lot.
Excellent explaination - simple and to the point, concise and clear. 6 years old but still relevant. Thanks.
for some reason I read this as if you were a 6 yr old finding it relevant
I went from knowing nothing about this chart to to pretty much fully comprehending it in 5 mins. Thank you so much.
7 Years later you posted this I'm just learning about trading and begining my journey, videos like yours I greatly appreciate them for the simplicity of it and making me understand them. This is actually easier than other creators or authors on books make it seem. Again, thank you!
Best tutorial, I search for beginners but all I see are 20 minute video's of people explaining it like we already know what it is.
RIP color blind traders.
Ctfu
LOLz
u can still see if its a bull or a bear lol
Colin Cochran 💀
Colin Cochran thx
As a beginner, this is the kind of instruction I have been looking for. Thank you for the time and effort you have put in to making it. Looking forward to more. Thanks again from a fellow Scotsman.
Thanks David and I'm glad you found it helpful. Enjoy the rest of your weekend (hopefully you got the bank holiday off tomorrow also)
How's it going now??
@@stefeaglehernandez1534 I am too early Bruv😨
5 year update
Thank you for putting this primer together. I like how the information builds from one to the next. your graphics are good too. THANK YOU for these videos.
I HAVE INCURRED SO MUCH LOSSES TRADING ON MY Own...I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED...CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG ?
Same here, My portfolio has been going down the drain while I try trading, I just don't know what I do wrong
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I will advice you should
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just started my trading journey today. this is not what i planned to do but now i feel like i was born to be a trader i can feel it deep down hope i gain more knowledge soon
OMG, BEST video for Day 1 beginners. THANK YOU!! All the other videos put me to sleep. They were like 20+ minutes long and i just wanted to pass out from my developing migrain. This is a REAL beginners course that does a beautiful job of explaining the fundamentals in a VERY easy to comprehend approach.
How is your journey now after two years? I'm just starting and what to hearing something from you. Please if you ever sees this comment drop a reply thank you so much 😊
Thank you! I'm a beginner and this was very helpful.
Thanks Chandria. I'm happy you found it useful.
This is just superb, I've been looking for "forex trading candlestick pattern pdf" for a while now, and I think this has helped. Have you heard people talk about - Reyichael Candlesticks Blaster - (do a search on google ) ? Ive heard some interesting things about it and my mate got excellent results with it.
This was great, I been tryin to find out about "forex trading strategy ebook" for a while now, and I think this has helped. You ever tried - Reyichael Candlesticks Blaster - (should be on google have a look ) ? Ive heard some awesome things about it and my mate got amazing success with it.
Cheers for this, been searching for "shadow candle forex" for a while now, and I think this has helped. You ever tried - Reyichael Candlesticks Blaster - (do a search on google ) ? Ive heard some extraordinary things about it and my partner got great results with it.
Winner of a video, been searching for "forex trade news strategy" for a while now, and I think this has helped. Ever heard of - Reyichael Candlesticks Blaster - (should be on google have a look ) ? Ive heard some super things about it and my cousin got great results with it.
whos here after the gme stuff and wants to learn more about stocks
meee
after?
@@thelurkingpanda3605 During *
Same here!
Soon the coke and hookers
Wow. I just started trading today May 12th 2023 and I have watched about 4 other youtube videos on this "candlestick" thing and you are the only person who has delivered the information directly so I could get it. THANK YOU
The best video on youtube hands down- STRAIGHT to the point and simple! Thank you
Thank you for making this so comprehensive it’s really helped me learn. None of all the fluff and marketing gimmicks that other teachers employ. I’m subscribed!
The best candlestick video I have seeing after watching around 10 videos without simple explanation. Thank you 😊
You took hours of frustrating data searching and put it into very plain and well spoken English! Even I was able to follow it. Now I am off to find more of your videos!
Thank you for doing this for us beginners. It is much appreciated!
after watching dozens of candlestick videos this is the only one that actually explained it. Thanks.
This is exactly what I needed, clear, concise and extremely helpful and understandable! I love it, I need the fundamental and you are by far the only one who didn’t make me want to pull my hair out ! Subscribed ✅
Absolutely loved it. Please keep more videos like this coming. This was so very easy to understand for a novice beginner like me who is new to the stock market.
The most comprehensive out of all the videos I've watched.
I’m seeing this in Feb 2020. 4 days old on the stock market. Thank you Soooooo much for this video. Your simple and straightforward approach is extremely appreciated. Thank you 🙏🏽! I’m going to watch and like your entire series.
Thank you James for these informative trading videos. I really appreciate videos like this in the UA-cam community and you certainly play a wonderful role in teaching, especially for beginners like myself. Keep up the amazing work!
For real I used to look at these and be real confused and think what is this , I used to just to just use the line charts , but now I can use this , thanks so much
Thank you for simplifying it James..all the best for your trading..best 5 mins to learn basic candle chart reading respect!
Best video I’ve seen so far. Very crisp, clean and concise explanation. That is a skill! Thank you .
Absolutely love clicking on a video and hearing a Scottish accent! Thanks for the great vid bro 🏴
brilliantly and simply explained. thank you!
Perfect explanation, not like other videos, no BS and straight to the point.
Just seen this - best, simplest and most straightforward explanation I’ve ever seen !
Thank you!
I hope I will nail my exam through your knowledge. I didn't understand before but now, I trust myself😀
Thank you so much for making this. Learned an incredible amount in minutes.
thanks for teaching the ABC's of candlesticks....you explain precisely and clearly so thank you!
Explained perfectly! I really struggled to understand these charts and within 5 mins I fully get it. Thank you !!!!
this is the future. sharing date and what we learn it helps improve each other. thank you for sharing you knowledge you are helping others and myself keep it up
ive already learned something in 3 mins. impressive
So short and precise. Felt like an hour's worth of knowledge. Amazing
Best Explantion ever. Thanks for being open to educate beginners in a language that is as simple as possible !
I'M NEW TO CRYPTO CURRENCY TRADING AND I'VE BEEN MAKING LOSSES TRYING TO MAKE PROFIT MYSELF IN TRADING...I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?
All you need as a beginner to make good profit from cryptocurrency is a professional trader who will trade on your behalf else you may make losses.
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@lite john Wow this is really helpful for my situation!! Thanks guys I will try her.
This is the same Mrs Jennifer Watson, my neighbors are talking about, she must be a perfect expert for people to talk this good about her.
Wow, I’ve learned more on candlesticks from this short video then a 58 minute video I watched. Thank you so much.
Ha! I clicked on the 58min video then saw this one and ran 🏃♀️ over here instead
i love the simplicity of the explanation...wow thank you!
Today June 11th 2020 was worst day for stocks after COVID sell off. I viewed this video yesterday and used this technique. I managed to make $130 on a day like this. Your technique works. Thank You.
Hi James Orr. We followers truly appreciate your work that you have so enthusiastically put together. I intend to follow your lead in somehow to try to master the candles. I believe what we would also like to see is a video giving some insight on a live candle chart with a little walk through as the candle chart develops. That way we can connect you have been teaching from the (us)beginners point of view. Best regards and keep up the good work. Syed.
*Funnel In $1K Per Day, Legally and Ethically **t.co/WAFhU7FHOe** .*
Basic Insight: Thanks for this foundation lesson.
I wish I had known this before I got started; this is the best thing ever.
THANK YOU!. Been paper trading totally confused for weeks now. Now I finally get it.
Thank you for your video, easy easy to understand
D BEST EXPLANATION OF CANDLES EVER!!
Only one who has a good understanding of the subject can teach like this. Thank you.
Just a beginner here and was glad to find a video with easy to understand info about candles, and by someone with an awesome Scottish accent
Thanks for the useful videos, they will help me gain confidence as I'm starting out.
Rosie Adamson Glad you're enjoying them Rosie
Thank you, James Orr! This was awesome and made it so easy to understand. My Mom is teaching me how to trade and your training was the best one I have watch! You are seriously a cool bro for sharing your knowledge.
JACOBTHEKING that's brilliant man, thank you. I hope you enjoy trading!
Finally someone who can explain a candlesticks in a good way
Great! Definitely need more people like this on UA-cam. I get really confused with when to buy and sell. This video helped a lot
You Sir are the BOMB! THANK YOU SO MUCH FOR THESE VIDEOS! I never knew how to read charts or support and resistance, that has been a game changer I was not doing so well, but after watching all your beginner videos ive been doing great! do you have a paypal or something? id love to buy you a drink or something!
Love that! 🙌🏾
Just started my FX journey 2 days ago. I'm glad I came across this video because man, it did help me A LOT. I had no idea what a candle stick was and what the colors meant, so Thank You. I'm definitely going to keep watching your videos. I subbed btw!
He's amazing and very great video but, i know its not really possible for one to fully learn how to trade forex from tutorial videos so never forget, do not jump into the market without top knowledge and skills. You will end up blowing up your funds, as for me Stocks are good but I've switched to trading and investing in Forex and crypto. I have been gaining much from it. Trading forex is very profitable but its not as easy as it seems, you need the right knowledge and information to succeed. I used to loose more than I gained whenever I traded, it was hell for me but I didn't give up. I was so tired of losing on the market and not making any profit, l had to research and luckily i met an expert trader like Mr Conrad Evans. He helped me recover up to 5 times what i lost as a novice which amount to over 11 000$, i still trade with his signals up till today
You can reach him on what's App
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wanted to say thank you for this short introduction. Highly appreciated mate!
Thank you. I’ve watched a number of videos regarding candlesticks and this is the only one, that I understood!!
Excellent video.. Honestly I've watched a few from other people & was more confused after watching theirs... Your explanation makes actual sense! Bravo. Thank you for keeping it simple... Thanks Again!
+Heather Lonero Thank you Heather. I'm glad it was helpful.
+Decisive Trading Thank you for the video Mr. Orr. It was indeed very helpful. Watching these candle stick charts feels akin to interpreting the 'matrix' ...lol :-) not quite i know,... nevertheless your video made it feel like i now know significantly more about these charts than before. Thank you again.
oneoctavelow I'm glad you found it helpful. I remember my first time trying to interpret a candlestick chart...I think the Matrix comparison is quite apt!
Thanks for this video. I'm trying to learn as much as about with chart reading and technical analysis. This video has been more than helpful, and highly informative!
+Tony delighted to help. Thanks.
Finally a beginners video I understood! Others are far too quick and detailed. Thank you
The best video by far! You get to the point, you speak in lay mans terms and no waffling. You are a great teacher.
He's simply amazing and great video too but, i know its not really possible for one to fully learn how to trade forex from tutorial videos so never forget, do not jump into the market without top knowledge and skills. You will end up blowing up your funds, as for me Stocks are good but I've switched to trading and investing in Forex and crypto. I have been gaining much from it. Trading forex is very profitable but its not as easy as it seems, you need the right knowledge and information to succeed. I used to loose more than I gained whenever I traded, it was hell for me but I didn't give up. I was so tired of losing on the market and not making any profit, l had to research and luckily i met an expert trader like Mr Conrad Evans. He helped me recover up to 5 times what i lost as a novice which amount to over 11 000$, i still trade with his signals up till today
You can reach him on what's App
+ 1 8 5 8 3 6 0 4 7 5 8
➕1⃣8⃣5⃣8⃣3⃣6⃣0⃣4⃣7⃣5⃣8⃣
Thank you this was very helpful and informative 👍👍
2019 loved it!
You give awesome advice. I learn quite a bit each day. I try not to take in too much or I'd confuse myself; but your videos, graphs & explanations are awesome for us beginners. Thank-you.
Simple, quick, to the point. Thank you!
thank you im new and was so confused as to whar candlesticks represented. books ive read arent very detailed
Keishawn Gilbert have you read the candle stick bible?
@@rosecrk3721 is it useful?
I Been trading in the market for 3 years although I knew most of this it still surprised me somehow (maybe im still a newbie after all) lmao nice video!
Best 5 minutes I have spent! Thank you, Sir!
Simple explanation-clear and concise-thank you!
Awesome mate thanks... Can you do a video on signals
Success is dependent on the action or steps you take to achieve it. Show me a man who doesn't have an invstment and I will tell you how soon he'll go broke. Invstment is building a safe haven for the future: with the right choice of invstment that has at least 1% minimum risk and with Expert Dellia cooper guidance, profit and interest is 💯 guaranteed.
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It's Seems like her success story is everywhere, how do I get in contact with this mrs Dellia Cooper ? I really need to know.
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My first experience with Mrs Dellia Cooper gave me the assurance that has made me to invst without fear of loosing. SHe is really a reliable and dependable exprt.
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Exactly what I was looking for. Keeping it simple, perfect for complete beginners, great explanation and rate of delivery. Thank you.
This is the best video on candlesticks. So simple. Thank you
I had no idea Liam Neeson was going to be narrating this video! Pleasant surprise!
:-)
All joking aside, I appreciate the content you're giving away.
Thanks Luke!
hey! thanks for making these videos! I`ve so far only experienced the loss part of trading.. so I`m hoping to turn that around soon :)
+Bjørnar Iversen no problem. Everyone struggles to begin with, so don't feel disheartened. Just focus on improving day by day
Need information on learning how to trade Forex? email me at shalveeyah@yahoo.com will send information to you.
.
Terry Vikson Piss off.
Terry Vikson Piss off.
The 5th video and explaination, and finally I understand it. Yours is the most clear one of all the the expainations.
I'm very grateful that you took the time to share your knowledge with me. Thank you Paulson.
really thank you!!
+Feras Gman no problem at all.
Great illistration, loved it.btw i need a trade expert.
Robert lein is one of the few trade agent in charge of the admin brokers account for featuring trades around the world.
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Extremely helpful was not taught in such a easy and simple manner before thank you
Very grateful; love the fact you don't want people to make the mistakes you made.
Thanks for the fucking video. I'm a beginner and this has really helped.
All people fail at certain instances in their lives, the only thing that makes them different is, how they manage to stand up or how they choose to fail again. Nick recommends Signalskyline.com/gold-signals reliable forex signal providers for getting good profit ratio on forex trading investments. The way to get started is to quit talking and begin doing.
Wonderful illustration easy to understand, Decisive Trading do you know how i can get an expert trader?
@Zoë Maddison how can i get in touch with miss katherine?
Thanks for all the comments here it has really helped..... i have recieved payment on trading 3 times now thanks to miss this currently is my fourth trade with her
Finally, someone explained these in a plain language. Thank you very much. :)
thank you so much i have watched 11 videos and didnt not understand. You are the man. please make more of these video so we understand better again
Who's here 2019?
I am
me📚
Who is watching 2020😂😭
Best basic intro vid to candlestick charts on UA-cam.
Now thats a sensible, clear and detailed video. Down to the point and in laymans terms.
Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues well above the Fed's 2% objective. I'm trying to build a portfolio of at least $850k by the time I'm 60, therefore I need suggestions on what investments to make.
There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.
Yes i agree with you with the need to hire a financial advisor to help you diversify your portfolio by including Mutual Funds, Etf's, the 11 GICS groups, inflation-indexed bonds, and stocks of companies with reliable cash flows rather than growth stocks, where prices were based on future prospective earnings. Following these principles and insights from my CFP, from 2020 to date I have made around $900,000.
Incredible!! A great start to financial freedom! How can i reach this financial planner of yours?
he's a great man, "Jackson Sten Marsh" is he name. I initially came across him on a CNBC report then on smart advisors and at once searched him on the internet, best decision I've made to stay afloat these crazy times. he has been exemplary.
I found his webpage and I wrote him an email and i hope he responds soon. I plan to start Q2 2023 on the right foot financially.
I appreciate the trust built over the past few weeks of investing with Douglas Donald and I respect him for his honesty and hard work.
When you make the right decisions and take the right steps in stock trading the chances of losing your funds becomes slimmer and almost
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The world of Stock can be alien and intimidating to a beginner; it wasn't easy for me trading on
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My portfolio has grown tremendously. I continue to make huge profit with my broker Mr Douglas Donald
What is the minimum one can invest and how can i reach him?
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Thank you so much for this! I had to click out of about 8 videos prior because I just couldnt comprehend. Your video was so concise and thorough that I understood completely
Has a beginner you have made it not difficult for me to understand thank you. Looking forward for more of you videos about candle sticks just what I needed..