Stock Market Technical Analysis & Candlestick Chart Training

What makes the 360Charts approach different from other technical analysis out there?
First & foremost we believe in keeping things simple, direct and focused on a limited number of moving parts. Winning in trading and investing is as much about knowing when to place bets, as well as intricate rules and complex techniques. To know when to place bets and when to avoid the stock market is not something that can be captured in a strict set of parameters. But candlestick charts can help in gauging the mood of the stock market, for sure.

Why use candlestick charts?
Candlestick charts offer a very clear and quick way to see the trend of the stock market, and the strength of that trend. Analysis tends to be speedier if the visual picture is clear. Trading financial markets can appear a complex business. Candlestick charts, allied to common sense analysis of volume trends and moving average trends, offer a powerful and easily accessible way to analyse and trade the markets.

So are candlestick charts the holy grail?
No. As most will appreciate, there is no holy grail! There are three core elements we focus on: Recurring chart patterns interpreted through candlestick charts; volume; trend analysis. We believe once you have developed the skills to use these core elements, it's more then a case of honing the core skills, applying discipline and then above all waiting for opportunities. Everyone has a 'turn', but it's vital to wait for your turn, so to speak. A key part of our role is as a mentor to traders who are learning these skills, providing an outside frame of reference and a set of core rules. We set about demonstrating this through numerous recent examples of market action. It takes time & hard work to go through dozens of set-pieces. All set-pieces are analysed within the context of the overall market prevailing at that point in time. We become very cautious in certain types of markets which can be categorised and shown to be 'low probability' types of markets. We show you how to focus your activity in the higher probability phases, in effect applying a variation of the old 80/20 rule. Many trading approaches do not explicitly 'weight' the overall market, with predictable results for their overall averages.