EMQ Training Solutions1 Module 3 Session 1 – Basic Indicators Session 2 – Basic Japanese Candlesticks

EMQ Training Solutions2 Session 1 – Basic Indicators Bollinger Bands Variable Channel Setting = 12:2 Indicates volatility and direction in market

EMQ Training Solutions3 Bollinger Bands Upper Resistance Lower Support Bottle Neck

EMQ Training Solutions4 Session 1 – Basic Indicators DMI (Directional Movement Index)  Indicates direction in the market  Setting = 3  Green up through blue =  Green down through blue =

EMQ Training Solutions5 DMI More Bullish More Bearish

EMQ Training Solutions6 Session 1 – Basic Indicators Raff Regression Channel  Indicates direction of trend  Shows current support and resistance levels  Setting = 13

EMQ Training Solutions7 Raff Regression Channel Upward confirmationDownward confirmation Trend is Bullish

EMQ Training Solutions8 Raff Regression Channel Upward confirmation Downward confirmation Trend is Bearish

EMQ Training Solutions9 Session 1 – Basic Indicators Stochastic RSI (Relative Strength Index)  Indicates direction of market  Setting = 14:3 (Default)  Indicates Divergence as well as Convergence in market  Indicates direction of trend

EMQ Training Solutions10 StochasticRSI (Relative Strength Index) Upward Trend Long Trade Short Trade

EMQ Training Solutions11 Session 2 – Basic Japanese Candlesticks 12 Major Candle Patterns 6 Bullish Patterns 6 Bearish Patterns Indecisiveness

EMQ Training Solutions12 Basic Bullish (UP) Candle BODYBODY Highest Lowest Close Open Shadow 1 Candle = 1 time period

EMQ Training Solutions13 Basic Bearish (DOWN) Candle BODYBODY Highest Lowest Close Open Shadow

EMQ Training Solutions14 Bullish Engulfing Pattern Big Candles New body engulfs previous body. Entry

EMQ Training Solutions15 Bearish Engulfing Pattern Big Candles New body engulfs previous body. Entry

EMQ Training Solutions16 Piercing Pattern Big Candles New body opens lower than previous body but closes more than midway. Entry

EMQ Training Solutions17 Dark Cloud Cover Big Candles New body opens above previous body but closes more than midway down. Entry

EMQ Training Solutions18 Hammer Shadow >= 2 x body Entry 50% No upper shadow or small Red or Green

EMQ Training Solutions19 Hanging Man Shadow >= 2 x body Entry after candle closes below shadow Entry after candle closes below shadow No upper shadow or small Red or Green

EMQ Training Solutions20 Morning Star Small Candle Entry after green closes above 50% Entry after green closes above 50% 50% Optimal Star gaps before and after Red or Green

EMQ Training Solutions21 Evening Star Small Candle Entry after red closes below 50% Entry after red closes below 50% Optimal Star gaps before and after Red or Green 50%

EMQ Training Solutions22 Inverted Hammer Shadow >= 2 x body Entry after next candle closes above shadow Entry after next candle closes above shadow No lower shadow or small Red or Green

EMQ Training Solutions23 Shooting Star Shadow >= 2 x body No lower shadow or small Red or Green 50% Entry after red closes below 50% Entry after red closes below 50%

EMQ Training Solutions24 Bullish Harami New body opens and closes inside previous body Entry after next candle closes past big red candle

EMQ Training Solutions25 Bearish Harami New body opens and closes inside previous body Entry after next candle closes past big green candle

EMQ Training Solutions26 Indecisiveness or Dragonfly Doji Gravestone Doji Longlegged Doji

EMQ Training Solutions27 Indecisive except after significant trend: or Dragonfly Doji after downtrend = Hammer Dragonfly Doji after uptrend = Hanging Man Gravestone Doji after downtrend = Inverted Hammer Gravestone Doji after uptrend = Shooting Star Longlegged Doji after downtrend = Morning Star Longlegged Doji after uptrend = Evening Star

EMQ Training Solutions28 Bullish Engulfing Bearish Engulfing Piercing Pattern Hammer Morning Star Inverted Hammer Bullish Harami Dark Cloud cover Hanging Man Evening Star Shooting Star Bearish Harami