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For easy viewing reduce to 95-100% or Print it!

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RENEGADE TRADING

Mastering Candlestick Patterns
13 Patterns and their variations

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Bar Charts A vertical line represents the daily price movement on a bar chart. The top of the line is the high of the daily trading range; the bottom is the low of the day. A notch to the right side of the line represents the closing price. In more recent years, a notch to the left side of the line showed the opening price. Opening prices have not been as readily available in stock transaction until a few years back. Futures and commodity charts have had access to this information for a longer period of time.

Internet charting services and software vendors provide a large number of additional technical indicators along with the charts. Fortunately, we are living in a time when software packages are constantly being developed to provide more and more technical information. This is mentioned to illustrate the benefits that can be applied to better enhance the technical investor’s evaluations. Upon becoming accustomed to the Candlestick charts, an individual can fine tune the probabilities of successful trades many times greater than what the capabilities would have been just a few short years ago.

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If the close is higher than the open.. This attracts the attention of the eye immediately. The shadow below the body is known as the lower shadow or the TAIL. For a list of current Renegade Trading courses. Keep in mind.. please visit http://www. A declining column of dark candles is obviously interrupted when a white candle appears. The length of the shadows has important implications to the strength of reversal moves.com. the body is black or filled. This box is called the BODY. In some Japanese analytical circles the upper shadow is also described as the HAIR. Once both lines are added to the chart. futures options etc. The contrasting colors of the bodies provides for rapid visual interpretations.You are free to share this course with anyone you know that trades stocks. Visit our web site to sign-up for our free alert service Horizontal lines represent the open and the close. The shadow above the body is known as the upper shadow. The lines extending from the body represent the extremes of the price movement during the day. The body color only illustrates where the close was as compared to the open. This is something that would not occur when viewing conventional bar charts. this does not necessarily mean that a white body represents that the price was up for the day or that a black body represents that the price was down for the day. PAGE | 4 . These are known as the SHADOWS. If the close is lower than the open. they are boxed.oakwoodfasttrack. the body is white or empty.

You are free to share this course with anyone you know that trades stocks. low. futures options etc..oakwoodfasttrack.BEARISH MORNING STAR EVENING STAR KICKER SIGNAL SHOOTING STAR INVERTED HAMMER PAGE | 5 . the previous day and the next day. You invariably will remember most. but try and see the formation for what it is and don’t worry necessarily about what its called. Visit our web site to sign-up for our free alert service MAJOR SIGNALS The great thing about candlesticks is that you don’t necessarily need to memorize every formation. high..BULLISH HARAMI . Look at the open. and close relative to itself.com. If you look at the candlesticks from this perspective you will soon realize how intuitive these formations really are (there’s a few exceptions) THE MAJOR SIGNALS THE DOJI BULLISH ENGULFING BEARISH ENGULFING HAMMERS HANGING MAN PIERCING PATTERN DARK CLOUD HARAMI . For a list of current Renegade Trading courses. please visit http://www.

The Japanese say when a Doji occurs. The implication is that the bulls and the bears are in a state of indecision..oakwoodfasttrack. Visit our web site to sign-up for our free alert service THE DOJI DOJI STAR The Doji is also comprised of one candle. or agreement. please visit http://www. It is a very important Candlestick signals..You are free to share this course with anyone you know that trades stocks. you should pay attention. For a list of current Renegade Trading courses.. This makes a horizontal line. futures options etc. The formation happens when the opening price and closing price are the same. The Doji is an excellent example of the Candlestick method having superior attributes compared to the Western bar charting method.com. PAGE | 6 .

Any gain is lost by days end.com. This reflects indecision or agreement that exists between the bulls and the bears. For a list of current Renegade Trading courses. Best for bottom reversals GRAVESTONE DOJI The Gravestone Doji is formed by the open and the close being at the low of the trading range. a sure sign of weakness. futures options etc. Throughout the day. please visit http://www. The price opens at the low of the day and rallies from there. the price moved up and down dramatically before it closed at or very near the opening price. PAGE | 7 .You are free to share this course with anyone you know that trades stocks. but by the close the price is beaten back down to the opening price. Visit our web site to sign-up for our free alert service THE DOJIS THE LONG LEGGED DOJI Indecision The Long Legged Doji is comprised of long upper and lower shadows.oakwoodfasttrack.. The Japanese analogy is that it represents those who have died in battle. The price opened and closed in the middle of the trading range..

it becomes a specific Hammer. An extensively long shadow on a Dragonfly Doji at the bottom of a trend is very bullish.You are free to share this course with anyone you know that trades stocks. it becomes a variation of the Hanging Man.. Doji’s that occur in multi-day patterns make those signals more convincing reversal signals Harami .. Visit our web site to sign-up for our free alert service THE DOJI’S DRAGONFLY DOJI (tonbo) The Dragonfly Doji occurs when trading opens. trades lower. At the bottom of a trend. please visit http://www.com.oakwoodfasttrack. For a list of current Renegade Trading courses. At the top of the market.Doji Morning Star . futures options etc. then closes at the open price which is the high of the day.Abandoned Baby PAGE | 8 .

. Visit our web site to sign-up for our free alert service Spinning Top Spinning Tops have small bodies relative to the shadows. in a trending or oscillating market. This demonstrates some indecision on the part of the bulls and the bears.oakwoodfasttrack. They are considered neutral when trading in a sideways market. futures options etc.. For a list of current Renegade Trading courses.com. a relatively good rule of thumb Is that the next days trading will probably move in the direction of the opening price. They are similar to doji’s in that the open and close are relatively close to each other.You are free to share this course with anyone you know that trades stocks. please visit http://www. However. PAGE | 9 .

futures options etc.You are free to share this course with anyone you know that trades stocks. Visit our web site to sign-up for our free alert service Doji at the Top PAGE | 10 .. For a list of current Renegade Trading courses.oakwoodfasttrack..com. please visit http://www.

com.. please visit http://www. futures options etc.. For a list of current Renegade Trading courses.You are free to share this course with anyone you know that trades stocks.oakwoodfasttrack. Visit our web site to sign-up for our free alert service Doji at the Top PAGE | 11 .

You are free to share this course with anyone you know that trades stocks..com.. futures options etc. For a list of current Renegade Trading courses.oakwoodfasttrack. Visit our web site to sign-up for our free alert service Doji at the Top PAGE | 12 . please visit http://www.

. For a list of current Renegade Trading courses. PAGE | 13 .oakwoodfasttrack. If you see a doji at the top .com. please visit http://www. A doji at the bottom needs confirmation. Visit our web site to sign-up for our free alert service DOJI RULES 1.. futures options etc.SELL 2.You are free to share this course with anyone you know that trades stocks.

.. When price is in a big move down or up wait for a confirmation candlestick as well as an indicator or two before making entry. please visit http://www. PAGE | 14 .oakwoodfasttrack.com. For a list of current Renegade Trading courses. Remember a doji at the bottom needs a confirmation candlestick and an indicator telling us we are over-sold. Visit our web site to sign-up for our free alert service Exercise a little common sense.You are free to share this course with anyone you know that trades stocks. futures options etc.

futures options etc.You are free to share this course with anyone you know that trades stocks.oakwoodfasttrack.. For a list of current Renegade Trading courses.com. please visit http://www.. Visit our web site to sign-up for our free alert service Morning Star Doji PAGE | 15 .

See a doji at the top — SELL A doji at the bottom needs confirmation. 3.com.The trend will usually move in the direction of the open..oakwoodfasttrack.. For a list of current Renegade Trading courses. The Japanese say pay attention to the Doji. Visit our web site to sign-up for our free alert service DOJI RULES 1. the next day after a Doji PAGE | 16 . 2. please visit http://www. futures options etc. Rule of thumb .You are free to share this course with anyone you know that trades stocks.

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ENGULFING PATTERNS

BULLISH ENGULFING

The Engulfing pattern is a major reversal pattern comprised of two opposite colored bodies. The Bullish Engulfing Pattern is formed after a downtrend. It opens lower than the previous day’s close, and closes higher than the previous day’s open. Thus, the white candle completely engulfs the previous day’s black candle. Engulfing can include either the open or the close being equal to the open or close of the previous day but not both.

1.The body of the second day completely engulfs the body of the first day. (Just the bodies, not the shadows) 2.Prices have been in a definable down trend, even if it has been short term. 3.The body of the second candle is opposite color of the first candle, the first candle being the color of the previous trend. The exception to this rule is when the engulfed body is a doji or an extremely small body.

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Bullish Engulfing Formation

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oakwoodfasttrack. Visit our web site to sign-up for our free alert service A bullish engulfing formation is consists of two candlesticks. futures options etc. For a list of current Renegade Trading courses.. please visit http://www. With this formation you are looking for the second candlesticks real body to completely engulf the previous candlesticks real body PAGE | 20 .com..You are free to share this course with anyone you know that trades stocks.

futures options etc.The body of the second candle is opposite color of the first candle. please visit http://www. not the shadows) 2. the first candle being the color of the previous trend. equal to the open or close of the previous day.. For a list of current Renegade Trading courses. It opens higher than the previous day’s close and closes lower than the previous day’s open. Visit our web site to sign-up for our free alert service ENGULFING PATTERNS BEARISH ENGULFING The Bearish Engulfing pattern is a major reversal pattern comprised of two opposite colored bodies.com.Prices have been in a definable down trend. The exception to this rule is when the engulfed body is a doji or an extremely small body. The Bearish Engulfing Pattern is formed after an up trend. (Just the body. the black candle completely engulfs the previous day’s white candle.You are free to share this course with anyone you know that trades stocks. 1. Thus. but not both.The body of the second day completely engulfs the body of the first day.oakwoodfasttrack. PAGE | 21 . 3.. even if it has been short term. Engulfing can include either the open or the close.

Visit our web site to sign-up for our free alert service BEARISH ENGULFING PAGE | 22 .You are free to share this course with anyone you know that trades stocks.oakwoodfasttrack. please visit http://www. futures options etc.com... For a list of current Renegade Trading courses.

com.oakwoodfasttrack. Visit our web site to sign-up for our free alert service BEARISH ENGULFING PAGE | 23 .You are free to share this course with anyone you know that trades stocks. please visit http://www.. futures options etc. For a list of current Renegade Trading courses..

futures options etc.com. Visit our web site to sign-up for our free alert service BEARISH ENGULFING PAGE | 24 . please visit http://www. For a list of current Renegade Trading courses..You are free to share this course with anyone you know that trades stocks..oakwoodfasttrack.

.. please visit http://www.oakwoodfasttrack. Visit our web site to sign-up for our free alert service BEARISH ENGULFING PAGE | 25 .com. futures options etc. For a list of current Renegade Trading courses.You are free to share this course with anyone you know that trades stocks.

For a list of current Renegade Trading courses. futures options etc..oakwoodfasttrack. Visit our web site to sign-up for our free alert service BEARISH ENGULFING PAGE | 26 ..You are free to share this course with anyone you know that trades stocks.com. please visit http://www.

near or at the high for the day 1. futures options etc. PAGE | 27 . a continuation of the existing trend. the body of the second candle is white. 3. please visit http://www. 4.com. A long black candle occurs at the end of the trend. The first candle is black.. a requirement on a piercing patter is that the open today be below the previous days low. For a list of current Renegade Trading courses.oakwoodfasttrack. Also.. 2. If the white candlestick exceeded the previous days high than is would be a bullish engulfing. The second candle is formed by opening below the low of the previous day. A piercing pattern is very similar to a bullish engulfing.The downtrend has been evident for a good period. It closes more than midway up the black candle.You are free to share this course with anyone you know that trades stocks. Visit our web site to sign-up for our free alert service PIERCING PATTERN PIERCING PATTERN The Piercing Pattern is composed of a two candle formation in a down-trending market.The body of the first candle is black.The white candle closes more than half-way up the black candle. whereas an engulfing just needs to engulf the real body.The second day opens lower than the trading of the prior day.

..You are free to share this course with anyone you know that trades stocks. Visit our web site to sign-up for our free alert service PIERCING PATTERN PAGE | 28 .com. For a list of current Renegade Trading courses.oakwoodfasttrack. futures options etc. please visit http://www.

. please visit http://www. For a list of current Renegade Trading courses.You are free to share this course with anyone you know that trades stocks. Visit our web site to sign-up for our free alert service PIERCING PATTERN PAGE | 29 .com.. futures options etc.oakwoodfasttrack.

A long white candle occurs at the top of the trend. The first day of the pattern is a long white candle at the top end of a trend.The up-trend has been evident for a good period. 4.The black candle closes more than half-way down the white candle.oakwoodfasttrack. For a list of current Renegade Trading courses.. 2. The second day’s open is higher than the high of the previous day. the more convincing the reversal. 1. the further down the white candle.. Visit our web site to sign-up for our free alert service DARK CLOUD COVER The dark Cloud Cover is the bearish counterpart to the Piercing pattern. It closes at least one-half way down the previous day candle. futures options etc. please visit http://www. the body of the second candle is black. Remember that a close at or below the previous day’s open turns this pattern into a Bearish Engulfing pattern.The body of the first candle is white. 3 The second day opens higher than the trading of the prior day.You are free to share this course with anyone you know that trades stocks.com. PAGE | 30 .

futures options etc..com. Visit our web site to sign-up for our free alert service DARK CLOUD COVER PAGE | 31 .. please visit http://www.You are free to share this course with anyone you know that trades stocks.oakwoodfasttrack. For a list of current Renegade Trading courses.

com. For a list of current Renegade Trading courses.You are free to share this course with anyone you know that trades stocks. please visit http://www...oakwoodfasttrack. futures options etc. Visit our web site to sign-up for our free alert service DARK CLOUD COVER PAGE | 32 .

.com.oakwoodfasttrack. For a list of current Renegade Trading courses. futures options etc.You are free to share this course with anyone you know that trades stocks.. Visit our web site to sign-up for our free alert service DARK CLOUD COVER PAGE | 33 . please visit http://www.

You are free to share this course with anyone you know that trades stocks. Visit our web site to sign-up for our free alert service HAMMERS AND HANGING MAN HAMMERS The Hammer is comprised of one candle. please visit http://www. 1. For a list of current Renegade Trading courses. The color of the body is not important although a white body should have slightly more bullish implications.com.There should be no upper shadow or a very small upper shadow. futures options etc. A positive day is required the following day to confirm this signal. It is easily identified by the presence of a small body with a shadow at least two times greater than the body.The real body is at the upper end of the trading range.The following day needs to confirm the Hammer signal with a strong bullish day. The color of the small body is not important but a white candle has slightly more bullish implications than the black body.The lower shadow should be at least two times the length of the body.. 4.. Found at the bottom of a downtrend. 3. this shows evidence that the bulls started to step in. PAGE | 34 . 2.oakwoodfasttrack.

please visit http://www.You are free to share this course with anyone you know that trades stocks. futures options etc.oakwoodfasttrack. Visit our web site to sign-up for our free alert service HAMMER PAGE | 35 . For a list of current Renegade Trading courses...com.

com. futures options etc. Visit our web site to sign-up for our free alert service HAMMER PAGE | 36 . please visit http://www..oakwoodfasttrack.You are free to share this course with anyone you know that trades stocks. For a list of current Renegade Trading courses..

.oakwoodfasttrack. Visit our web site to sign-up for our free alert service HAMMER PAGE | 37 ..com. futures options etc.You are free to share this course with anyone you know that trades stocks. please visit http://www. For a list of current Renegade Trading courses.

futures options etc. Visit our web site to sign-up for our free alert service HAMMER PAGE | 38 .com...oakwoodfasttrack. For a list of current Renegade Trading courses.You are free to share this course with anyone you know that trades stocks. please visit http://www.

The lower shadow should be at least two times the length of the body. a gap down with a lower close. PAGE | 39 ..The following day needs to confirm the Hanging Man signal with a black candle or better yet. It is found at the top of an up trend. please visit http://www. 4. The color of the body is not important although a black body should have slightly more bearish implications.You are free to share this course with anyone you know that trades stocks.oakwoodfasttrack.The real body is at the upper end of the trading range. Visit our web site to sign-up for our free alert service HAMMERS AND HANGING MAN HANGING MAN The Hanging Man is also comprised of one candle.There should be no upper shadow or a very small upper shadow. futures options etc. For a list of current Renegade Trading courses. I. 2. It is easily identified by the presence of a small body with a shadow at least two times greater than the body.. 3.com.

oakwoodfasttrack.com.You are free to share this course with anyone you know that trades stocks. futures options etc. For a list of current Renegade Trading courses. please visit http://www... Visit our web site to sign-up for our free alert service HANGING MAN PAGE | 40 .

.You are free to share this course with anyone you know that trades stocks. Visit our web site to sign-up for our free alert service HANGING MAN PAGE | 41 . For a list of current Renegade Trading courses.oakwoodfasttrack.. please visit http://www. futures options etc.com.

You are free to share this course with anyone you know that trades stocks.. please visit http://www. futures options etc.oakwoodfasttrack. For a list of current Renegade Trading courses. Visit our web site to sign-up for our free alert service HANGING MAN PAGE | 42 ..com.

The downtrend has been evident for a good period. Its presence indicates that the trend is over. 4. 2. The location and size of the second candle will influence the magnitude of the reversal.You are free to share this course with anyone you know that trades stocks. the little belly sticking out.com. Visit our web site to sign-up for our free alert service HARAMI BULLISH HARAMI The Harami is found often. The second candle. the second body is smaller.The body of the first candle is black. The Japanese definition for Harami is “pregnant woman. just the body needs to remain in the previous day’s body.” The first candle is black. For a list of current Renegade Trading courses. PAGE | 43 . The open and the close occur inside the open and the close of the previous day.For a reversal signal. is usually white. where as the “Inside Day” requires both the body and the shadows to remain inside the previous day’s body. please visit http://www.. The body of the first candle is the same color as the current trend..oakwoodfasttrack.The second day opens higher than the close of the previous day and closes lower than the open of the prior day. the body of the second candle is white.Unlike the Western “Inside Day”. further confirmation is required to indicate that the trend is now moving up. The first body of the pattern is a long body. A long black candle occurs at the end of the trend. 5. a continuation of the existing trend. 3. futures options etc. The pattern is composed of a two candle formation in a down-trending market. but that is not always the case . 1.

. futures options etc. Visit our web site to sign-up for our free alert service BULLISH HARAMI PAGE | 44 .oakwoodfasttrack.You are free to share this course with anyone you know that trades stocks. For a list of current Renegade Trading courses..com. please visit http://www.

please visit http://www. Visit our web site to sign-up for our free alert service BULLISH HARAMI PAGE | 45 .com.You are free to share this course with anyone you know that trades stocks. futures options etc.oakwoodfasttrack.. For a list of current Renegade Trading courses..

The pattern is composed of a two candle formation..The body of the first candle is white. 4. 3.The up-trend has been apparent. The open and the close occur inside the open and the close of the previous day.You are free to share this course with anyone you know that trades stocks. the body of the second candle is black. please visit http://www. The body of the first candle is the same color as the trend. It’s telling us that the trend is over. The first body of the pattern is a long body. A long white candle occurs at the end of the trend. confirmation is needed.The second day opens lower than the close of the previous day and closes higher than the open of the prior day. the second body is smaller.oakwoodfasttrack. The next day should show weakness. 1. Visit our web site to sign-up for our free alert service BEARISH HARAMI HARAMI The Bearish Harami is the exact opposite of the Bullish Harami. PAGE | 46 . 2.. futures options etc.For a reversal signal.com. For a list of current Renegade Trading courses.

please visit http://www..You are free to share this course with anyone you know that trades stocks. Visit our web site to sign-up for our free alert service BEARISH HARAMI PAGE | 47 ..oakwoodfasttrack.com. For a list of current Renegade Trading courses. futures options etc.

.com. Visit our web site to sign-up for our free alert service BEARISH HARAMI PAGE | 48 . futures options etc. For a list of current Renegade Trading courses.You are free to share this course with anyone you know that trades stocks.. please visit http://www.oakwoodfasttrack.

com..oakwoodfasttrack.. Visit our web site to sign-up for our free alert service BEARISH HARAMI PAGE | 49 . For a list of current Renegade Trading courses.You are free to share this course with anyone you know that trades stocks. futures options etc. please visit http://www.

sunrise. PAGE | 50 . It is formed after a obvious downtrend. Identifying the Morning Star signal is relatively easy. The third day is a white candle day. 3. The second candle is an indecision formation. can consist of a number of candle formations. It is made by a long black body. Like the planet Mercury.. The make up of the star. Visit our web site to sign-up for our free alert service MORNING STAR The Morning Star pattern is a bottom reversal signal. it foretells that brighter things. Or that prices are going to go higher.. usually one of the fear induced days at the bottom of a long decline. futures options etc. The body of the first candle is black. The third day shows evidence that the bulls have stepped in.com. 1. This is the star of the formation. The down-trend has been apparent.oakwoodfasttrack. The optimal Morning Star signal would have a gap before and after the star day. It is visually apparent to the eye. is about to occur. an indecision formation. The important factor is to witness the confirmation of the bulls taking over the next day. And represents the fact that the bulls have now stepped in and seized control. continuing the current trend. the magnitude of the trading range remains small for the day. That candle should close at least halfway up the black candle. However.You are free to share this course with anyone you know that trades stocks. The following day gaps down. the morning star. please visit http://www. For a list of current Renegade Trading courses. That candle should consist of a closing that is at least halfway up the black candle of two days prior. 2.

com.You are free to share this course with anyone you know that trades stocks. please visit http://www. For a list of current Renegade Trading courses.oakwoodfasttrack.. futures options etc. Visit our web site to sign-up for our free alert service MORNING STAR PAGE | 51 ..

com. futures options etc.oakwoodfasttrack. For a list of current Renegade Trading courses.. Visit our web site to sign-up for our free alert service MORNING STAR PAGE | 52 .You are free to share this course with anyone you know that trades stocks. please visit http://www..

. futures options etc..oakwoodfasttrack. For a list of current Renegade Trading courses. please visit http://www.You are free to share this course with anyone you know that trades stocks. Visit our web site to sign-up for our free alert service Other Morning Star Variations Reverse Hammer Hammer Abandoned Baby Doji Tomb stone Dragon Fly PAGE | 53 .com.

The following day gaps up. yet the trading range remains small for the day. That candle should close at least halfway down the white candle.. The third day shows evidence that the bears have stepped in. It is made by a long white body occurring at the end of an up-trend.. The up trend has been apparent. Visit our web site to sign-up for our free alert service EVENING STAR The Evening Star pattern is a top reversal signal. please visit http://www. For a list of current Renegade Trading courses. futures options etc. continuing the current trend.com.. usually when the confidence has finally built up. Like the planet Venice. That candle should consist of a closing that is at least halfway down the white candle of two days prior. The third day is a black candle day.You are free to share this course with anyone you know that trades stocks. It is formed after an obvious up trend. PAGE | 54 . this is the star of the formation. It is exactly opposite the Morning Star signal. The optimal Evening Star signal would have a gap before and after the star day. 3. The body of the first candle is white. 1.oakwoodfasttrack. it foretells that darkness is about to set or that prices are going to go lower. The second candle is an indecision formation. the evening star. Again. and represents the fact that the bears have now seized control.

com.oakwoodfasttrack.You are free to share this course with anyone you know that trades stocks. please visit http://www. For a list of current Renegade Trading courses... Visit our web site to sign-up for our free alert service EVENING STAR PAGE | 55 . futures options etc.

futures options etc..You are free to share this course with anyone you know that trades stocks. please visit http://www. For a list of current Renegade Trading courses.oakwoodfasttrack.. Visit our web site to sign-up for our free alert service Same Variations as Morning Star PAGE | 56 .com.

3. 4. a gap down with a lower close. 1.com. It is easily identified by the presence of a small body with a shadow at least two times greater than the body. Visit our web site to sign-up for our free alert service SHOOTING STAR AND INVERTED HAMMER SHOOTING STAR The Shooting Star is also comprised of one candle. futures options etc.There should be no lower shadow or a very small lower shadow.The following day needs to confirm the Shooting Star signal with a black candle or better yet. It is found at the top of an up trend. PAGE | 57 .You are free to share this course with anyone you know that trades stocks.The real body is at the lower end of the trading range. please visit http://www. 2..oakwoodfasttrack.The upper shadow should be at least two times the length of the body. The Japanese named this pattern because it looks like a shooting star falling from the sky with the tail trailing it. The color of the body is not important although a black body should have slightly more bearish implications.. For a list of current Renegade Trading courses.

futures options etc. 1.There should be no lower shadow or a very small lower shadow. but that the selling was still going on. please visit http://www..You are free to share this course with anyone you know that trades stocks.The following day needs to confirm the Inverted Hammer signal with a strong bullish day.. Found at the bottom of a downtrend. Visit our web site to sign-up for our free alert service INVERTED HAMMERS The Inverted Hammer is comprised of one candle. 2. The color of the small body is not important but a white candle has slightly more bullish implications than the black body. For a list of current Renegade Trading courses.oakwoodfasttrack.com. PAGE | 58 . The color of the body is not important although a white body should have slightly more bullish implications 3.The real body is at the lower end of the trading range. this shows evidence that the bulls started to step in. A positive day is required the following day to confirm this signal. It is easily identified by the presence of a small body with a shadow at least two times greater than the body.The upper shadow should be at least two times the length of the body. 4.

The price movement is in opposite directions from the opening price. Its relevance is magnified when occurring in the over bought or oversold area It is formed by two candles.. or a gap open. This formation is indicative of a huge change in investor sentiment. 2. Criteria 1. For a list of current Renegade Trading courses.The first day’s open and the second day’s open are the same. Visit our web site to sign-up for our free alert service KICKER Description The Kicker Signal is the most powerful signal of all. 3.The signal is usually formed by surprise news before or after market hours. The candlesticks visually depict the magnitude of the change.oakwoodfasttrack. and heads in the opposite direction of the previous day’s candle. 4. The bodies of the candles are opposite colors. please visit http://www.The price never retraces into the previous days trading range. The first candle opens and moves in the direction of the current trend.com. The second candle opens at the same open of the previous day. It works equally well in both directions.You are free to share this course with anyone you know that trades stocks. PAGE | 59 .The trend has no relevance in a kicker situation. futures options etc..

Fibonacci sequence and high probability chart patterns. Elliott Wave.Our advanced technical analysis course covering the indicators. Discover how to find your team of 10-30 stocks to trade as the market swings. 4. For a list of current Renegade Trading courses. 1.com. and advanced spread strategies. the reasoning.You are free to share this course with anyone you know that trades stocks. 5.) Bullet proof trading the Q’s . provides examples and highlights key factors that will kill a spread or make it very profitable.) Renegade Trading Complete .) Advanced Delta .) Master Trader PhD. 2. Not for the novice this material covers the steps.oakwoodfasttrack.Our very popular trading the Q’s course with several strategies that will allow you to trade the Nasdaq 100 with incredible accuracy.) Renegade Trading 5-10-35 Method .Beginning course with everything you need to know plus a few advanced strategies to keep you busy.com PAGE | 60 .. 3.Advanced Delta is our advanced course covering the Greeks in detail as well as synthetics.oakwoodfasttrack. please visit http://www. Learn to apply these tools together to gain an edge in your trading.. We have had 80-90% success with our trades consistently with these methods.Here’s a great course that provides hidden trades 4-6 times a year. To find out more visit http://www. futures options etc. Very simple strategies in this material will allow you to grow a small portfolio fast. Visit our web site to sign-up for our free alert service Thank you for choosing Renegade Trading. . The following is a current list of our profitable Renegade Trading courses.

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