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Bullish Candlestick Pattern High Volume Trading Video

By Bruce Banks

Candlestick Patterns: High Volume Spikes

A common bullish candlestick pattern happens when you get a volume trade spike on the market bottoming. When you see this setup, be sure you don’t confuse it with high volume strength push downward in the market.

We are going over a common bull signal that you will see that indicates market support with high volume. These high volume trade spikes, in combination with a bottoming of the market, can give you areas of greater support or resistance in the market for your trades. You can consider these bull signals as physical proof that there are other buyers in the market. The buyers are willing to take long trades side by side. That means that they will also be placing stops outside of these levels (as talked about in a previous video) that you can trade.

We go into how a market can show these signals along with how they can easily be confused with non-bull market signals that do not have a corresponding bar that pushes the market up with high volume so you don’t make that common trading mistake. With this bullish candlestick pattern, we wait for proper confirmation of the reversal.

Bullish Candlestick Pattern: Clear Signal

When the market has high volume trade spikes, you have to put yourself in the mind of traders that are against the current move in the market. The high volume trade spikes are caused by both buyers and sellers pushing the market up and down, but we must keep in mind that the winner of each struggle in trading will not only be more bold from that point on, but will more than likely be profitable in their trade, so they will gain control of the current price in the market, and push it further in their direction.

bullish candlestick pattern finding a volume bottom
bullish candlestick pattern volume bottom

Applying This Bullish Candlestick Pattern:

Check out the video here for a different view of when the market breaks these key levels.

Breakout Trades Video

Fundamental Trading: Preventing Losses Video

By Bruce Banks

Why you need to pay attention to Fundamental Trading no matter how you trade:

The two common different sections of trading are Fundamental trading and Technical trading. Now I work normally as a technical trader. A trader who analyzes chart patterns to determine possible entries and exits from the market. Even though I trade technicals, fundamental trading is part of my strategy. Fundamental trading helps me prevent unnececary losses while only improving my trade chances. It is a no loss addition to a trading strategy. This is because a quick fundamental analysis can be added on to your trading, providing you with a clear overview of the markets.

We need to pay close attention to key fundamental trading signals in order to minimize losses. These signals are in the form of key news announcements, market wide effects, and inter connected markets. In this video, we show how traders who ignore these fundamental trading signals would face unexpected trading losses.

Why this obvious example of post election trading on the ES500?

[Read more…] about Fundamental Trading: Preventing Losses Video

EurJPY Forex Review: Trading Video

By Bruce Banks

EURJPY Forex Review:

In this video, we go over a quick review on how to analyze a Forex market. We do not specifically need to be analyzing the EURJPY Forex cross, but this is just an example of determining highs and lows. The methods that we use here are highs and lows and multiple time frame analysis.

Why use this on the Forex Market?

When trading Forex, we have access to long term trends in currencies. [Read more…] about EurJPY Forex Review: Trading Video

Short Term Trading Video For Intra Day Trading

By Bruce Banks

Methods For Short Term Trading:

As day traders, we have to make some simple, necessary, decisions before we trade. What market are we going to trade, what trading methods are we using, and what time frame to trade. In this video we focus on two method for traders who are short term trading. Using two different types of charts both Range Charts, and Tick Charts. Both of these chart types go against the traditional Candlestick Charts, but are useful for short term trading. They can clean up the appearance of short term charts by reducing noise in the market while still providing you all of the key information for trading.

Short term trading with Range Charts:

[Read more…] about Short Term Trading Video For Intra Day Trading

Understanding Candlesticks for Day Traders Video

By Bruce Banks

The basics of understanding candlesticks

The most standard type of charts to trade with are Open High Low Close (OHLC) and Japanese Candlestick charts. There are 5 key aspects to understanding candlesticks compared to OHLC.

  1. They clearly represent the needed information
  2. Less emphasis is put on the wicks or tails of candlestick charts.
  3. OHLC bars are more difficult to read therefore understanding candlesticks are easier in comparison.

4 Key parts to understanding candlesticks

[Read more…] about Understanding Candlesticks for Day Traders Video

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Recent Posts

  • Bullish Candlestick Pattern High Volume Trading Video
  • TAS Market Profile Trading Retracement Trades
  • Breakout Trades and High Volume Trade Spikes Video
  • Price Action Trading Video
  • Market Profile Point of Control: Video

Bruce Banks Trader And Trainer

  • 1 Bruce Banks
    • Bullish Candlestick Pattern High Volume Trading Video
    • TAS Market Profile Trading Retracement Trades
    • Breakout Trades and High Volume Trade Spikes Video
    • Price Action Trading Video
    • Market Profile Point of Control: Video

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