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Show Notes
DON'T TRADE BEFORE LEARNING THESE 14 CANDLESTICK PATTERNS (ARULPANDI P)
- Amazon USA Store: https://www.amazon.com/dp/8194828376?tag=9natree-20
- Amazon Worldwide Store: https://global.buys.trade/DON%27T-TRADE-BEFORE-LEARNING-THESE-14-CANDLESTICK-PATTERNS-ARULPANDI-P.html
- eBay: https://www.ebay.com/sch/i.html?_nkw=DON+T+TRADE+BEFORE+LEARNING+THESE+14+CANDLESTICK+PATTERNS+ARULPANDI+P+&mkcid=1&mkrid=711-53200-19255-0&siteid=0&campid=5339060787&customid=9natree&toolid=10001&mkevt=1
- Read more: https://mybook.top/read/8194828376/
#candlestickpatterns #priceactiontrading #supportandresistance #trendcontinuation #reversalsignals #DONTTRADEBEFORELEARNINGTHESE14CANDLESTICKPATTERNS
These are takeaways from this book.
Firstly, Why candlesticks matter and what a single candle reveals, The foundation of the book is the idea that a candlestick is a compact record of a battle between buyers and sellers. Open, high, low, and close capture not only direction but also intensity, rejection, and hesitation. This topic explains how to read basic candle anatomy, including real bodies and wicks, and why the location of the close inside the range often matters more than the size alone. Candles can suggest continuation when closes are strong and ranges expand, or warn of exhaustion when long wicks appear after a sustained move. A key takeaway is context: the same candle shape can mean different things depending on whether it appears at support, resistance, after a breakout, or within consolidation. The book encourages traders to avoid treating candlestick patterns as isolated icons. Instead, each candle is viewed as part of an unfolding auction process. Understanding this lens prepares readers to learn the fourteen patterns as signals of shifting control, not as magic triggers. This builds a more disciplined mindset where confirmation and risk control are as important as recognition.
Secondly, Reversal patterns that flag potential trend changes, A major portion of candlestick trading revolves around identifying when a trend is losing strength and a reversal is becoming plausible. This topic covers how the book frames reversal patterns as warning signs first and entry signals second. Common features of reversal patterns include clear rejection wicks, a change in where price closes relative to prior candles, and a visible failure to push beyond a recent extreme. The book emphasizes that reversals are higher quality when they occur at obvious areas where other traders are likely watching, such as prior swing highs and lows, round numbers, or well tested zones. It also highlights the importance of separating early reversal hints from confirmed reversals, encouraging traders to look for follow through rather than assuming the first signal will work. Practical considerations include choosing an entry approach, such as waiting for a break of a pattern level, and placing stops beyond the structure that invalidates the idea. By focusing on a defined set of reversal patterns, the book aims to reduce impulsive countertrend trades and replace them with more structured setups.
Thirdly, Continuation patterns for riding momentum with less guesswork, Not every high probability candlestick opportunity is a reversal. The book also points traders toward continuation behavior, where price pauses, digests, and then resumes in the same direction. This topic explains how continuation patterns can help traders join established trends while avoiding late entries. Continuation signals often appear after a strong impulse move, followed by smaller ranges, mixed candles, or brief pullbacks that fail to damage the broader structure. The book treats these patterns as ways to time entries closer to support in an uptrend or resistance in a downtrend, potentially improving risk to reward. Another important aspect is distinguishing healthy consolidation from distribution or topping behavior. Traders are encouraged to check whether pullbacks hold above key levels, whether sellers can actually close price down meaningfully, and whether the trend shows renewed strength via decisive closes. The topic also ties continuation patterns to trade management: scaling in after confirmation, setting targets near prior swing points, and trailing stops as momentum persists. The core benefit is a repeatable framework for staying aligned with trend dynamics.
Fourthly, Using the patterns with support and resistance for higher accuracy, The book implicitly promotes a simple but powerful idea: candlestick patterns become more actionable when combined with key price levels. This topic explores how support and resistance act as filters that can increase the practical reliability of any pattern. A pattern appearing in the middle of a range may be noise, while the same pattern at a clearly defined level can reflect a meaningful reaction from market participants. The book encourages traders to identify swing highs and lows, previous consolidation areas, and zones where price has reacted multiple times. It also supports the use of multiple timeframe thinking, where a level from a higher timeframe can add weight to a pattern on a lower timeframe. Additionally, the topic addresses false signals by emphasizing invalidation points. When a pattern forms at a level, the trade idea should be considered wrong if price breaks and closes beyond that level with strength. This approach keeps the method grounded in observable structure rather than subjective interpretation. By integrating patterns with levels, traders can reduce overtrading and focus on a smaller number of higher quality opportunities that align with market structure.
Lastly, Risk management and trade planning around candlestick setups, Even reliable patterns require a plan for entries, exits, and risk limits. This topic focuses on how the book can be used to create a disciplined trading routine built around the fourteen patterns. It highlights position sizing as the key lever that keeps a strategy survivable, because no pattern wins every time. The book encourages defining the invalidation level first, which naturally sets stop placement beyond the candle structure or beyond a nearby support or resistance area. From there, traders can choose an entry trigger that fits their style, such as entering on close, on a break of the pattern high or low, or on a pullback. Trade management principles include predefining target areas, using partial profits to reduce emotional pressure, and moving stops only according to rules rather than fear. The topic also addresses the importance of record keeping: tagging trades by pattern, context, and outcome so a trader can learn what works best in their market and timeframe. This turns candlestick pattern learning into a measurable process, not just visual recognition.
- Amazon USA Store: https://www.amazon.com/dp/8194828376?tag=9natree-20
- Amazon Worldwide Store: https://global.buys.trade/DON%27T-TRADE-BEFORE-LEARNING-THESE-14-CANDLESTICK-PATTERNS-ARULPANDI-P.html
- eBay: https://www.ebay.com/sch/i.html?_nkw=DON+T+TRADE+BEFORE+LEARNING+THESE+14+CANDLESTICK+PATTERNS+ARULPANDI+P+&mkcid=1&mkrid=711-53200-19255-0&siteid=0&campid=5339060787&customid=9natree&toolid=10001&mkevt=1
- Read more: https://mybook.top/read/8194828376/
#candlestickpatterns #priceactiontrading #supportandresistance #trendcontinuation #reversalsignals #DONTTRADEBEFORELEARNINGTHESE14CANDLESTICKPATTERNS
These are takeaways from this book.
Firstly, Why candlesticks matter and what a single candle reveals, The foundation of the book is the idea that a candlestick is a compact record of a battle between buyers and sellers. Open, high, low, and close capture not only direction but also intensity, rejection, and hesitation. This topic explains how to read basic candle anatomy, including real bodies and wicks, and why the location of the close inside the range often matters more than the size alone. Candles can suggest continuation when closes are strong and ranges expand, or warn of exhaustion when long wicks appear after a sustained move. A key takeaway is context: the same candle shape can mean different things depending on whether it appears at support, resistance, after a breakout, or within consolidation. The book encourages traders to avoid treating candlestick patterns as isolated icons. Instead, each candle is viewed as part of an unfolding auction process. Understanding this lens prepares readers to learn the fourteen patterns as signals of shifting control, not as magic triggers. This builds a more disciplined mindset where confirmation and risk control are as important as recognition.
Secondly, Reversal patterns that flag potential trend changes, A major portion of candlestick trading revolves around identifying when a trend is losing strength and a reversal is becoming plausible. This topic covers how the book frames reversal patterns as warning signs first and entry signals second. Common features of reversal patterns include clear rejection wicks, a change in where price closes relative to prior candles, and a visible failure to push beyond a recent extreme. The book emphasizes that reversals are higher quality when they occur at obvious areas where other traders are likely watching, such as prior swing highs and lows, round numbers, or well tested zones. It also highlights the importance of separating early reversal hints from confirmed reversals, encouraging traders to look for follow through rather than assuming the first signal will work. Practical considerations include choosing an entry approach, such as waiting for a break of a pattern level, and placing stops beyond the structure that invalidates the idea. By focusing on a defined set of reversal patterns, the book aims to reduce impulsive countertrend trades and replace them with more structured setups.
Thirdly, Continuation patterns for riding momentum with less guesswork, Not every high probability candlestick opportunity is a reversal. The book also points traders toward continuation behavior, where price pauses, digests, and then resumes in the same direction. This topic explains how continuation patterns can help traders join established trends while avoiding late entries. Continuation signals often appear after a strong impulse move, followed by smaller ranges, mixed candles, or brief pullbacks that fail to damage the broader structure. The book treats these patterns as ways to time entries closer to support in an uptrend or resistance in a downtrend, potentially improving risk to reward. Another important aspect is distinguishing healthy consolidation from distribution or topping behavior. Traders are encouraged to check whether pullbacks hold above key levels, whether sellers can actually close price down meaningfully, and whether the trend shows renewed strength via decisive closes. The topic also ties continuation patterns to trade management: scaling in after confirmation, setting targets near prior swing points, and trailing stops as momentum persists. The core benefit is a repeatable framework for staying aligned with trend dynamics.
Fourthly, Using the patterns with support and resistance for higher accuracy, The book implicitly promotes a simple but powerful idea: candlestick patterns become more actionable when combined with key price levels. This topic explores how support and resistance act as filters that can increase the practical reliability of any pattern. A pattern appearing in the middle of a range may be noise, while the same pattern at a clearly defined level can reflect a meaningful reaction from market participants. The book encourages traders to identify swing highs and lows, previous consolidation areas, and zones where price has reacted multiple times. It also supports the use of multiple timeframe thinking, where a level from a higher timeframe can add weight to a pattern on a lower timeframe. Additionally, the topic addresses false signals by emphasizing invalidation points. When a pattern forms at a level, the trade idea should be considered wrong if price breaks and closes beyond that level with strength. This approach keeps the method grounded in observable structure rather than subjective interpretation. By integrating patterns with levels, traders can reduce overtrading and focus on a smaller number of higher quality opportunities that align with market structure.
Lastly, Risk management and trade planning around candlestick setups, Even reliable patterns require a plan for entries, exits, and risk limits. This topic focuses on how the book can be used to create a disciplined trading routine built around the fourteen patterns. It highlights position sizing as the key lever that keeps a strategy survivable, because no pattern wins every time. The book encourages defining the invalidation level first, which naturally sets stop placement beyond the candle structure or beyond a nearby support or resistance area. From there, traders can choose an entry trigger that fits their style, such as entering on close, on a break of the pattern high or low, or on a pullback. Trade management principles include predefining target areas, using partial profits to reduce emotional pressure, and moving stops only according to rules rather than fear. The topic also addresses the importance of record keeping: tagging trades by pattern, context, and outcome so a trader can learn what works best in their market and timeframe. This turns candlestick pattern learning into a measurable process, not just visual recognition.
