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Steve Nison - 2009 Mega Package - CANDLESTICK CHARTING ESSENTIALS & BEYOND - 8 DVDs + Manual Volume 1 & 2

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DVD #1: The Framework of Candles 

This DVD begins building the solid, and correct, foundation for the rest of your candlestick education. 

See why candles are used by the most successful traders and analysts and how candles can help you overcome your trading challenges. You will learn how Steve’s Trading Triad™ Success System will put you ahead of those who don’t use this strategy. 

After detailing the basic construction of the candlestick line, Steve focuses on one of the most common and misunderstood candle signals - the Doji. Want to know if a breakout is likely to be false? Then pay special attention to the section on Spinning Tops and Doji. 

Do you think candles are complicated? This is just one of the misunderstandings that are blown apart here. By the end of this DVD, you’ll be starting down the path to accurately read the markets’ message better and faster than ever before. 

Here's what you'll learn: 

  • Why is Steve Nison the source for your candle education 
  • Anatomy of the candle line 
  • The importance of understanding market psychology 
  • The popularity of candles 
  • The 7 major benefits of candles 
  • How candles can be used in all time frames and all markets 
  • Why candles are a tool and not a trading system 
  • Introduction to Steve Nison’s Trading Triad™ Success System 
  • Why candles give twice the information as a bar chart 
  • Using real bodies to gauge force of current move 
  • Spinning tops 
  • Essentials of Doji 
    • Basic Criteria 
    • Market Implication 
    • Using doji as a protective stop 
    • How to help avoid buying on false breakouts 
    • Avoiding a common misuse of the doji 
  • Shadows 
    • Why shadows must be part of your candle analysis 
    • Using long lower shadows 
    • Using long upper shadows 
  • High Wave Candles 
    • Basic Criteria 
    • Market implication 
    • Basic psychology behind the pattern 
  • Starting to read the market’s message with single candle lines 

 

DVD #2: Essentials of Single Candle Lines 

Candles have their own special message. But how do you correctly read their message? 

Steve gives you the answer by showing you, step by step, how to read what the candlestick line – both the real body and shadows- is relaying about the health of the market. Using this information, you’ll see the inside secret of how to tell which way the market will break out a trading range. 

Not all candle signals are equally valid, and in this DVD, Steve gives you a heads up on which candle signals you must be cautious about – and why. Then see how to use the visual insights of single candle lines- even those that are not specific candle patterns- to accurately gauge when the market is most likely to reverse. 

Here's what you'll learn: 

  • Hammer Essentials 
    • Construction 
    • Basic criteria 
    • Market implications 
    • Basic psychology behind the pattern 
    • Hammer and trend 
    • As support 
    • Dragonfly doji 
  • Inverted Hammer Essentials 
    • Construction 
    • Basic criteria 
    • Cautions about this pattern 
  • Shooting Star Essentials 
    • Construction 
    • Basic criteria 
    • Market implications 
    • Basic psychology behind the pattern 
    • As resistance 
    • Example of wrong candle information 
  • Hanging Man Essentials 
    • Construction 
    • Basic criteria 
    • Cautions about this pattern 
  • Box range trading- using candles to help predict direction of breakout 
  • Single candle line essentials – bringing it all together 

 

DVD #3: Bull and Bear Double Candle Patterns 

Do you think there are too many candlestick patterns? Then you’ll appreciate how Steve zooms in on some his favorite double candle line patterns- from both the bull and bear side. 

With the help of this DVD, you’ll develop the confidence to quickly find and correctly use, these most important double candle line patterns to set up a trade. In this section, you’ll see how to answer the common question of “How do I know when the pattern fails?” 

Here's what you'll learn: 

  • Bullish Engulfing Pattern Essentials 
    • Construction 
    • Basic criteria 
    • Market implications 
    • Using as support 
    • Basic psychology behind the pattern 
  • Piercing Pattern Essentials 
    • Construction 
    • Basic criteria 
    • Market implications 
    • Using as support 
    • Basic psychology behind the pattern 
  • Bull Harami Essentials 
    • Construction 
    • Basic criteria 
    • Market implications 
    • Using as support 
    • Basic psychology behind the pattern 
  • Bearish Engulfing Pattern Essentials 
    • Construction 
    • Basic criteria 
    • Market implications 
    • Using as resistance 
    • Basic psychology behind the pattern 
    • Compared to western outside reversal 
  • Dark Cloud Cover Essentials 
    • Construction 
    • Basic criteria 
    • Market implications 
    • Using as resistance 
    • Basic psychology behind the pattern 
  • Bear Harami Essentials 
    • Construction 
    • Basic criteria 
    • Market implications 
    • Basic psychology behind the pattern 

 

DVD #4: Bull and Bear TRIPLE Candle Patterns and Continuation Candles 

This DVD completes the candles reversal patterns as Steve gives the ins and outs of the Morning and Evening Stars. 

While most candle patterns are reversal indicators, there are a select group of continuation candles (in which the market continues its current trend). One of these is Steve’s all time favorite candle pattern. You will see how to take advantage of this signal, which is simple to recognize, but will be a boon to your trading prowess. 

After a review of what you learned in this and the prior DVDs, Steve will show an example of how NOT to use candlesticks to help you avoid one of the most common, and dangerous, mistakes made by candle traders. 

Here's what you'll learn: 

  • Morning Star Essentials 
    • Construction 
    • Basic criteria 
    • Market implications 
    • Basic psychology behind the pattern 
    • Using as support 
    • Variations 
  • Evening Star Essentials 
    • Construction 
    • Basic criteria 
    • Market implications 
    • Basic psychology behind the pattern 
    • Using as resistance 
    • Being flexible 
    • Variations 
  • Three Advancing White Soldiers 
    • Construction 
    • Basic criteria 
    • Market implications 
    • Basic psychology behind the pattern 
    • Pattern nuances 
  • Rising and Falling Three Methods 
    • Definition 
    • Construction 
    • Pattern nuances 
  • Rising and Falling Windows 
    • Definition 
    • Construction 
    • Using for maximum success 
    • Common misuses of this signal 
    • Breakaway gaps and windows 
    • Fry pan bottom – definition, construction and uses 
    • Dumpling Top – definition, construction and uses 
  • How NOT to use candles! 

 

DVD #5: Essentials of East + West, Part 1 

Do you know when to start a new trade – or when to end a trade? 

To answer these questions, we need to focus on Western technicals and candles as detailed in this DVD. The fusion of candlesticks with Western technical indicators, at critical junctures, is one of the most important strategies you need to know to generate entry and exit points. 

Trend lines – and their variations- is the first of Steve’s specific western technical tools. 

You’ll be amazed at the market timing strategies you will discover with Steve’s 7 tactics using candles and trend lines. 

Here's what you'll learn: 

  • How adding Western technicals improves trading success 
  • Candles and trend lines 
    • Sloping trend lines 
    • Bull and bear channels 
    • Horizontal trend lines 
    • Bullish Change of Polarity 
    • Bearish Change of Polarity 
    • Crack and Snap as a bull signal 
    • Falling Off the Roof as a bearish signal 
    • Importance of looking at candles in context 
    • Candle by candle example of East- West 

 

DVD #6: Essentials of East + West, Part 2 

See why volume is one of Steve’s critical Western tools as he highlights the nuances of using volume with candle charts. 

Then uncover why candles and Bollinger Bands can be your one-two punch for trading success. Do you now use, or are thinking of using oscillators, such as RSI, stochastics, etc? 

Then you’ll be thrilled as Steve discloses how to use 4 of the most popular oscillators as potential trade set ups, and then use candles as the trading trigger. 

Here's what you'll learn: 

  • Candles and Volume 
    • Tall white candle and volume 
    • Using Volume and candles to gauge shifting market psychology 
    • Volume and engulfing patterns 
    • Volume and windows 
    • Volume and small real bodies and doji 
    • Volume and crack and snap 
    • Selling climaxes 
    • Candles and open interest 
  • Candles and Bollinger Bands 
  • Candles and Oscillators - Introduction 
    • Introduction to oscillators 
    • Basics of how to use oscillators 
    • Divergence 
  • Candles and Stochastic 
  • Candles and RSI 
  • Candles and MACD 
  • Candles and Dual Moving Average Oscillator 

 

DVD #7: Essentials of East + West, Part 3 

Steve reveals two popular Japanese tools on how to gauge if the market is overbought or oversold. 

Ever wonder how you can find support or resistance after a market shoots almost straight up or falls almost vertically down? See how to do this with retracements. Then learn when moving averages – when properly used- can be another tool when used in conjunction with candle signals. 

Since candles don’t provide price targets, Steve shows examples of Western price projections. He then shows how he predicted major highs and lows in the markets months before they unfolded using the synthesis of East and West. 

Here's what you'll learn: 

  • The Disparity Index 
    • Definition 
    • Construction 
    • Using the disparity index to gauge if market is overextended 
  • Record session highs and lows 
    • Definition 
    • Using to measure overbought and oversold levels 
  • Candles and Retracements 
    • Using 50% retracements 
    • Using Fibonacci retracements 
  • Candles and Moving Averages 
    • Moving averages as support and resistance 
    • When to use - and not use - moving averages 
  • Candles and Price Patterns 
    • Head and Shoulders 
    • Inverted Head and Shoulders 
    • Box range breakouts 
    • Ascending and descending triangle 
    • Swing targets 
    • Bull and bear flags 
    • Price targets and candle confirmation 
  • East – West: Putting it all together 
    • How candles and west called major market highs and lows 

 

DVD #8: Trade Management Essentials 

Do you know when not to place a trade – even with a perfect candle signal? 

Or when “to hold them and or fold them?” Have you asked, “I have a candlestick signal - now what?” The answers to these questions - and more - is completely dependent on the vital trade management principles revealed on this DVD. 

Lack of these core principles is the single most common – and dangerous – misuse of candles. 

Here you will learn Steve’s all time most important trade management rule and how he gets price targets. Then see how to use the short term trend to define if a candle signal is valid. 

Discover the core concept of how to place your trades in the direction of the longer term trend. In the concluding section, Steve asks which of two candle patterns is the more likely reversal. The answer will shock you! 

Here's what you'll learn: 

  • The danger of treating all the candle signals the same 
  • Importance of trade management 
  • Protective stops as a foundation of risk management 
  • Price targets 
    • Price targets with pivot highs and lows 
    • Price targets using price patterns 
    • Price targets with bull and bear channels 
  • Risk/ reward- why this should be an essential component of trading 
  • Importance of Short Term Trend 
    • A common misuse of candles and trend 
    • When is a bearish engulfing pattern not a bearish engulfing pattern? 
  • Importance of Longer Term Trend 
    • Using longer term trend to set up directional trades 
    • Dual moving averages to define longer term trend 13
  • How to Trade Expected News 
  • The If…Then Principle 
    • What this principle means to your trading 
    • The 3 ways to use this trading principle 
  • Adapting to the Market – A key strategy when in a trade 
  • Candles in Context 
    • Using trade management to help determine the better candle signals 

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