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Helpful Candlestick Cheat TRY US FREE FOR

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January 25, 2019 / Candlesticks Charting / By Angel

A candlestick cheat sheet is a great tool to have when you’re a new

trader. In fact, even experienced traders can beneQt from having a
candlestick cheat sheet.
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Candlestick Cheat Sheet 3. What to Look for

1. Handy Candlestick Guides 4. Types of Candlesticks and

Patterns
2. The Goal of the Candlestick
Cheat Sheet 5. Use Ours It's Free

Candlestick Cheat Sheet

1. Here's what you'll learn with our candlestick e-book and
cheat sheet:

2. Learn about the most popular candlestick patterns.

3. Find out how to trade reversals.

4. Why traders pay attention to candles.

5. Find out when to enter & exit trades.

6. Custom made desktop wallpaper backgrounds.

The stock market is a battle of the bulls and the bears. As a result of
this battle, candlesticks are formed. They can tell a story by
themselves. When grouped together, they form patterns. As a result, a
bigger story is told. Stock market training along with a candlestick
cheat sheet can help you be better prepared to join the battle.

There are a lot of candlesticks and patterns to try and remember when
trading. There are so many to learn! Hence the need for a cheat sheet.
It’s a great thing to be able to grab a piece of paper or look at
something on your phone or computer when you’re not sure.

Let's look at some of the candlestick patterns you should remember.

For example, there are doji candlesticks, which are indecisive. Within
the doji family, there are different kinds of doji’s. Knowing them all will
help determine whether you place a trade or exit a trade and take
proQt.

The doji candlestick family is kinda of like a quilt blanket. There’s

different patches that make up the quilt, also known as the different
types of candles. They’re a patchwork that means the same thing
while still being different. Another analogy would be a looking at a
family tree. They are all related but slightly different.

1. Handy Candlestick Guides

Trying to remember what a dragonjy doji looks versus a gravestone
doji when you’re in a hurry can result in a bad or missed trade. If you
want a really cool tool to help you remember candlesticks, try using
TrendSpider along with their candlestick recognition system.

Having a good candlestick cheat sheet helps you in a jiffy. You have
something handy to look at when you have questions or need a
reference. Our wallpaper background below is a handy guide and looks
good on your desktop too

2. The Goal of the Candlestick Cheat Sheet

A candlestick cheat sheet is a guide to help new traders make smart
decisions. Candlesticks not only tell a story by themselves but they
provide key support and resistance levels.

Trading, especially if you’re a day trader, is faced paced. You need to be

able to make split second decisions. As a new trader, it’s smart to open
a paper trading account with TD Ameritrade. That way you can practice
using your candlestick cheat sheet.

Use your cheat sheet to read data that makes up candlestick charts. If
you can’t read a chart, you can’t be a successful trader. Charts tell you
a lot about a stock. However, it’s important to remember that there’s no
fool proof guarantee with patterns and candlesticks.

TrendSpider is one of the best educational tools for candlestick recognition. Use their Qlter
on their charts.

3. What to Look for

When looking to Qnd the right candlestick cheat sheet you want to
make sure it has candlesticks along with patterns. Traders are
creatures of habit. As a result, patterns are their best friends. Being
able to recognize them is the difference between a winning and losing
trade a lot of times.

In order to be successful, you need to be able to spot patterns as well.

Which means you have to study.

You’re going to want a clear concise cheat sheet. Otherwise you’re

going to be trying to Qnd patterns in a messy cheat sheet.

Easy to post patterns and clear concise labeling is going to be

extremely helpful is using a candlestick cheat sheet. The goal is to
have it as a helping hand. Print it out! Have it hanging on your wall or
as a mouse pad. Tape it to your desk. Keep it handy!

When it’s not up to par, you’re hurting your chances. Trading is fast
paced. Hence you must be able to ready patterns and candles quickly.

You can also use your cheat sheet as a study guide after market hours.
Studying is the most important part of learning to trade. As a result of
studying, you’ll be able to spot and Qnd different candlesticks as well
as patterns.

Download our candlesticks charts free e-book. We teach how to trade

candlesticks patterns on our live daily streams. Check out our trading
service to learn more. You're going to learn a lot daily with us. Follow
along on your charts when we live stream. We are pointing out
candlestick patterns to you, and how different indicators Qt into the big
picture, and create movements in the market that we can capture
daily!

4. Types of Candlesticks and Patterns

One of the goals of a candlestick cheat sheet is to have the different
types of candlesticks readily available. That way you don’t have to try
and remember what each one looks like and means. Eventually you
won't need it as much, but it's going to take time. Maybe years to
recognize them.

Also there are always patterns within patterns. Sometimes two

patterns collide and only one wins. That's what reading the right side
of the chart is all about.

Having a tool you can Qnd quickly to compare can help to ease the
burden of trying to remember everything; especially as you start out.
The more you trade the candlesticks and patterns, the better you’ll be
at recognizing them.

However, even the best traders need to pull out a candlestick cheat
sheet from time to time. Since candlesticks and patterns are so
imperative to traders, learning them is the most important thing to
learn as a new trader. Without them, you’ll have a dimcult time buying
and selling or reading charts. Make it easier on yourself and get in a
good habit of using your cheat sheet.

The Pattern Recognition TrendSpider

5. Use Ours It's Free

Here at the Bullish Bears we realized how important it is to have a
candlestick cheat sheet. As a result, we came up with some of our own
that you can use as a computer background, phone background or
print them out to have.

Candlesticks and patterns are the name of the game in trading. It

doesn't matter whether you're new or a seasoned trader, we all have to
learn them. We encourage you to use our cheat sheets and download
our Candlesticks eBook. With the right tools at your Qngertips, you'll
become a great trader before you know it.

If you need help, let us know. We're just regular people who want to
help regular people learn trading in a fun and safe environment. We
aren't buying stocks to pump them up to our followers. We're showing
you guys support and resistance and patterns, and much more. Come
check us out!

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