Candlestick Charting 

Why You Need to Learn How to Read Candlestick Patterns- Part 1


In this interactive webinar, Gail Mercer, creator of TradersHelpDesk, will show you why discovering to read candle holders will certainly assist you turn any delayed indicator right into a leading sign.
In this webinar, Gail will certainly show you examples of why discovering to review candlesticks is crucial for any type of trader, consisting of:
– How to conveniently determine when a market will certainly retrace
– Transform delayed indications right into leading indications
– How to conveniently determine one of the most typical candlesticks patterns

Nadex Risk Disclaimer
Trading on Nadex entails economic danger as well as may not be ideal for all investors. The details presented right here is for info and also academic functions only and ought to not be taken into consideration a deal or solicitation to buy or market any kind of economic instrument on Nadex or somewhere else. Any trading decisions that you make are solely your obligation. Past performance is not necessarily a measure of future outcomes. Nadex agreements are based upon underlying possession courses consisting of foreign exchange, stock index futures, product futures, as well as financial occasions.

Trading can be volatile and also investors risk shedding their investment on any kind of provided transaction. However, the design of Nadex contracts ensures investors can not shed more than the expense to enter the transaction. Nadex is subject to U.S. regulatory oversight by the CFTC.

I show You how I made $1,006 from $100, then $257,000 from $1,006 with Bitcoin and cryptocurrencies!

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36 Thoughts to “Why You Need to Learn How to Read Candlestick Patterns- Part 1”

  1. ravi kiran

    @Gali Mercer .. You are just amazing and brilliant..I am impressed with your knowledge.. I would like to be your student and pleasure to have teacher like you. Please give me a reply madam Gali Mercer..

    1. Nadex

      Gail is amazing! Glad you agree!

    2. MeetMisterCox

      ravi kiran what are you trading?

    3. Gail Mercer

      Ravi – Thank you so much. I’m glad that you enjoyed the training and hope you join more of the webinars.

  2. stev enter

    Thanks for the teaching. Really good video.

    1. Gail Mercer

      Thank you Stev – so glad you enjoyed it!

  3. stev enter

    Thanks for the teaching. Really good video.

    1. Gail Mercer

      Stev – Thank you and I’m so happy you enjoyed the video!

  4. converse soch

    Great explaination on candlesticks, could your please through light on the time frame we could use
    eg: 5mins, 3mins, 1mins for intraday trading and short-term trading. (one week or less)

    1. Gail Mercer

      I will more than happy to do some webinars on the 5 minute binaries.

  5. Peeping Tom

    Great. Very informative and explained very simply

    1. Gail Mercer

      Thanks Balachandran!

  6. Jamillah Cook

    Bless you for taking time out i need help Iā€™m a newbie

  7. Akajiobi Precious

    You made is very simple and easy.. Perfect

  8. Remi Andre' Pedersen

    Be very informative to me, so thumbs up!

  9. jCarly Dawson Team Alliance Unicorn

    There are many amazing videos regarding Candle formations, however, is this video specific to 5 Minute, 1 Minute etc? Because if I am trading on 5 minute binaries and I’m using this knowledge, it’s not going to work if it’s pertaining to a longer time frame. For example, I’ve found that these patterns and knowledge are 99% effective, but it seems the timing is off, yes it will reverse or go up depending on this knowledge but mostly it may do that on the NEXT 5 minute binary, which will cause me to lose the 5 minute trade that I am in, due to the timing.
    Are there any videos about candle formations that are specific to 5 minute binaries on Nadex?
    Thank you for all that you do!

    1. Gail Mercer

      Hi J, Candlesticks will work on any timeframe. However, the lower you go down in time the more noise you will have. I suggest that you take 1 or 2 candlestick formations from the 5 minute and simply confirm the move on the 1 minute. Keep your risk low because with noise you can expect a larger number of losses. If you design your plan for those losses (for example using a risk to reward ratio of 1:3), then you can still be a profitable trader.

    2. Goodoboy TheMan

      Thank you Gail. Great advice regarding reading a candlestick pattern on 5 min and confirm on on 1 min. Just to make sure I understand. For example, on the five minute, if I see a bullish pin bar on 5 min chart, I can then go to the 1 min chart and confirm more bullish candle patterns so my risk of bullish context is correct for the moment? Thanks for comment.

    3. Gail Mercer

      You are correct.

    4. Jason R

      I love the 5 minute. A lot less noisy. Every now and then I will check the 15 really quick and also the 1-2 minute. 90% of the time I am on the 5.

  10. Vijai Singh

    It’s amazing how well you explain the candle formation. You got me engaged 110%!!!

  11. Ellis Russell

    This is really good. Really got me over a hum. Pity I missed the next video and cannot find This was really amazing and got me over a hump. Pity I missed the next one and cannot find it. Thanks.

    1. Gail Mercer

      Thanks Ellis. Glad you enjoyed the video. The next video is available at

  12. nayde do carmo

    you are a great teacher .

  13. Ganesh Bahale

    I’m truly thankful to you and your brilliant knowledge, and your knowledge helps me a lot madam. thanks for a clear view, its a lot of fake out there and it was working right, finally I found some useful video for my trading journey šŸ™‚ thank you.

    1. Gail Mercer

      Hi Ganesh, Thank you for your comment and I’m so glad that you are finding the videos helpful!

  14. Nedunchezhian PMS

    Gail Mercer, you have not said anything new but the clarity is just amazing!!!!! Since I am a new trader this clarity is very critical. Thank you so much.

  15. sdfsdgsdfsdf23423423

    Excellent video and great contribution. But the question I have to ask is does this actually work going forward to predict prices better than 50%? Seems like there is name for any pattern–in hindsight. But with live data, seems the price can go either way, and then the appropriate descriptive candlestick label would be applied to it.

    1. Gail Mercer

      Since you are reading the candlestick at the close of the bar, it is not considered “hindsight”. However, what most traders fail to realize, is that you combine candlestick patterns with other technical analysis, ie overbought or oversold, to determine where you think price will likely go (based on historical behaviors). Can price go in the opposite direction? Of course – which is why you also implement risk management and money management. For example, one study on pivot highs and lows revealed that price moved in your direction at least 50% of the time. If using a risk to reward ratio of 1 : 2, then that is a profitable strategy. Then comes the hard part — designing the plan and following the rules. That is one of the greatest challenge that traders face.

  16. This And That Facts

    By far, greatest teaching i have ever ran across,thanks

    1. Gail Mercer

      Thank you! I’m so glad that you enjoyed the video.

    2. Nadex

      I will let Gail know from TradersHelpDesk that you are a fan!!!!

  17. Asins Asina

    Am a beginner but I learnt something thank you so much

  18. worzyt

    Thanks šŸ˜˜

  19. michael akor

    i just love this guy..he is the best .

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