The Candlestick Training Series by Timon Weller

The Candlestick Training Series is a training series focused on how to trade the Forex Market with multiple types of candlesticks. In this training Timon leads a candlestick training seriestrader through a series of important core market dynamic processes, aspects include how to determine a high probability trading zone, how to evaluate potential transitions of power by evaluating candlestick formations, how to evaluate risk to reward and how to assess whether or not to consider an opportunity in the market based on all of these aspects. A number of important processes combined together to give a trader a powerful approach to the market. An approach that aligns trading decisions with high probability analysis and a positive Risk to Reward profile.

Overall, by the end of the Forex Training series, a trader will how to read candlesticks, know where to consider entry, know where to consider getting out, know what a candle represents, know how to assess potential reward before considering a trade in the market and lastly know how to put it all together to form a trading decision..

Training Itinerary:

Part 1 – Video Part One in the training series goes over how to determine and identify Important Structure and High Probability Zones on the Forex Chart.

Duration – 62 minutes.

Every Candle Has a Story

Part 2 – In Video Part Two we cover three topics, what I refer to as candle transitions of power, an alert candle, indecision points, decision points and lastly analysing the most powerful candles in Forex. When referring to transitions of power we look at how to determine with candlesticks who is exactly in control and how to determine when a potential change is about to occur. This is a very important process in trading and also what I commonly refer to as an alert candle transition.

Duration – 45 Minutes

Candlestick Basics Video – In this Bonus Video I go over the basics of what a candle is, what makes up a candle and how to reference certain aspects of a candle. While I go over candles all throughout the training this part covers all the basics for those that are newer to candlesticks and to get a better idea of what makes up a candle in general.

Duration – 9 Minutes

Part 3 – In Video Part Three we combine all the processes taught in Part 1 and Part 2 and put them all together and then jump on the charts and look at examples of potential opportunities. This is when the strategy comes in and how to apply what is taught to your future trading. This part is also about training your eye to the opportunity and getting a feel for all the processes combined. In this part I also reveal a key driving component that I am very excited to reveal to you and that is how to assess potential reward in every opportunity. This concept alone is priceless..

By the end of this part of the training you will be able to determine with confidence how to identify where to trade, what the evidence is by looking at the candlesticks and risk and lastly how to determine whether reward potential is there…

Duration – 90 Minutes

candlestick training feedbackEvaluating Potential Risk to Reward Video – In this Bonus Video I go over how to evaluate risk to reward before considering a trade in the market. This is an important trading process, a process that is used by some of the best traders in the world. This process helps a trader decide whether or not to consider a opportunity in the market by making sure reward potential is much more than the risk before considering a trade.

Seeing The Process in Action – In this video part I show the sequence on a live moving chart and 8 trades taken one after the other with the process going from the daily zones to the 4 hour. Shows also how I evaluate evidence and candlesticks in detail, how I assess risk and how I determine potential reward. 8 Trades taken in this video showing a sequence of trades and building a account from $10,000 to $10,588 dollars or just under 6% gain.

Duration – 37 Minutes

Book Guide: The Candlestick Training Guide

21 page guide included in the training covering Candlesticks and how they effect the market including how candles got their name, the dominant Candlesticks in the market and the rare types of Candlesticks. Includes screenshot examples and much more.

Bonus Print Sheet: The Price Action Traders Checklist

The check-list is a bonus print sheet which you can keep by your computer and runs through the process of taking a high probability trade.