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Reveal the mystery with patterns that work!
Magic Forex Candlesticks Magic Forex Divergence
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Magic Forex Candlesticks
[Chapter I: Introduction to candlesticks](introduction-to-candlesticks)
I.1. Understanding the candlestick chart
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Most traders focus purely on technical indicators and they don't realize how valuable the original candlesticks are.
I.2. Candlestick patterns really work!
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When a candlestick reversal pattern appears, you should exit position before it's too late!
[Chapter II: High profit candlestick patterns](high-profit-candlestick-patterns)
II.1. Bullish reversal patterns
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This category of candlestick patterns signals a potential trend reversal from bearish to bullish.
II.2. Bullish continuation patterns
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Bullish continuation patterns signal that the established trend will continue.
II.3. Bearish reversal patterns
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This category of candlestick patterns signals a potential trend reversal from bullish to bearish.
II.3. Bearish reversal patterns
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This category of candlestick patterns signals a potential trend reversal from bullish to bearish.
[Chapter III: How to find out the market trend?](how-to-find-out-the-market-trend)
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The Heiken Ashi indicator is a popular tool that helps to identify the trend. The disadvantage of this approach is that it does not include consolidation.
[Chapter IV: Simple scalping strategy](simple-scalping-strategy)
IV.1. Wow, Lucky Spike!
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Everyone can learn it, use it, make money with it. There are traders who make a living trading just this pattern.
IV.2. Take a profit now!
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When to enter, where to place Stop Loss and when to exit.
IV.3. Examples
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The next examples show you not only trend reversal signals, but the Lucky Spike concept helps you to identify when the correction is over and the main trend is going to recover.
[Chapter V: Candlesticks as a part of your own strategy](candlesticks-as-a-part-of-your-own-strategy)
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Profitable trading strategies are based on technical analysis mixed with candlestick patterns to produce consistent profits.
[Chapter VI: What's next...](what-s-next)
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We recommend you to add a strong weapon to your trading arsenal, the powerful tool used by professional traders and the most profitable price pattern ever found: The Divergence Pattern.
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