Steve Nison – Profiting From Forex

The first DVD is about Nison Candles and single candle lines.

The foundation for the rest of your candlestick education is built on this DVD.

The most successful traders and analysts use candles to help them overcome their trading challenges.

Steve focuses on one of the most common candle signals, the Doji, after detailing the basic construction of the candlestick line. Would you like to know if a break is likely to be false? There is a section on Spinning Tops and Doji.

Do you think candles are complicated? There are many misunderstandings that are blown apart here. By the end of this DVD, you will be able to read the markets message better and faster than ever before.

Here is what you will learn.

• Why is Steve Nison the source for your candle education
  • Anatomy of the candle line
  • Why candles give twice the information as a bar chart
  • Using real bodies to gauge force of current move
  • Spinning tops
• Essentials of Doji
  o Basic Criteria
  o Market Implication
  o How doji are different in FX compared to non FX
  o Using doji as a protective stop
  o How to help avoid buying on false breakouts
  o Avoiding a common misuse of the doji
• Shadows
  o Why shadows must be part of your candle analysis
  o Using long lower shadows
  o Using long upper shadows
• Hammer Essentials
  o Construction
  o Basic criteria
  o Market implications
  o Psychology behind the pattern
  o Hammer as support
  o Retest of hammer’s lower shadow
• Shooting Star Essentials
  o Construction
  o Basic criteria
  o Market implications
  o Psychology behind the pattern
  o As resistance
• High Wave Candles
  o Basic Criteria
  o Market implication
  o Psychology behind the pattern
• The Checkmate Principle
  o Definition
  o Reading the market’s message using single candle lines

DVD 2 has double and triple candle lines.

Do you think there are too many candlestick patterns?

Steve zooms in on some of his favorite double and triple candle line patterns from both the bull and bear side.

This DVD will help you find and use the most important double candle line patterns to set up a trade.

In this section, you will be able to answer the question of how to know when a candle patter is false. Steve has a plan for success in foreign exchange trading.

Here is what you will learn.

• Bullish Engulfing Pattern Essentials
  o Construction
  o How, and why, this pattern is different in FX
  o Market implications
  o Psychology behind the pattern
• Importance of short term trend – forgetting this can lead to costly mistakes
• Bearish Engulfing Pattern Essentials
  o Construction
  o How, and why, this pattern is different in FX
  o Market implications
  o Psychology behind the pattern
• Dark Cloud Cover Essentials
  o Construction
  o How, and why, this pattern is different in FX
  o Market implications
  o Psychology behind the pattern
• Piercing Pattern Essentials
  o Construction
  o How, and why, this pattern is different in FX
  o Market implications
  o Psychology behind the pattern
• Bull Harami Essentials
  o Construction
  o How, and why, this pattern is different in FX
  o Market implications
  o Psychology behind the pattern
• Bear Harami Essentials
  o Construction
  o How, and why, this pattern is different in FX
  o Market implications
  o Psychology behind the pattern
• Morning Star Essentials
  o Construction
  o How, and why, this pattern is different in FX
  o Market implications
  o Psychology behind the pattern
• Evening Star Essentials
  o Construction
  o How, and why, this pattern is different in FX
  o Market implications
  o Psychology behind the pattern
• Evening Star Essentials
  o Construction
  o How, and why, this pattern is different in FX
  o Market implications
  o Psychology behind the pattern
• Steve’s Rules for FX Trading Success including:
  o Steve’s all time most important trading rule
  o The If… Then Principle
  o How and why you must use protective stops

Western technicals and trade management are covered in this DVD.

The merging of Western techncials with Nison candlesticks is a punch to the gut. This is the best of the east and west.

Steve will show you how to most profitably combine Western indicators with candlesticks using the KISS principle. Steve will show you how to improve your trading results, no matter if you are a day trader or swing trader.

• Steve’s Best of the East and West including:
  o Candles and Trendlines
  o The Nison Candlestick Screener™ – Steve’s favorite trading strategy
  o How, and why, old resistance becomes new support
  o How, and why, old support becomes new resistance
  o Making money with false breakouts
  o Candles and Oscillators
  o Candles and Fibonacci retracements
  o Candles in Context
  o Record Session highs
  o Adapting to the Market
• Secrets to using Intra-day candles for day and swing traders
  o Discover why and how candle patterns should be traded differently on intraday charts
  o How to combine intraday signals with longer term support and resistance
  o How to get earlier reversal signals than you can with daily charts
  o Using intraday charts to confirm support or resistance
  o Using intraday candle charts to find “hidden” support/resistance
  o Using multiple time trading time frame
• Bringing it all together

Steve Nison’s Forex Trading Lab DVD is a bonus DVD.

What is the best way to confirm what you’ve learned so far? You can use this bonus DVD to work with Steve on many questions and answers. Steve will ask questions based on a specific chart and then you can hear his analysis after you think about your answers. You can get confident that you have learned the most important aspects of candlestick charting by watching this DVD.

There are a lot of questions on the Bonus DVD.

• Would you buy/sell or stand aside, and why?
• What candle signals do you see and how you react?
• What are reasons for caution at this time
• Where would your price target be
• Where would you set a protective stop
• and many others…