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Candlestick charts: The ULTIMATE beginners guide to reading a candlestick chart

Posted on January 30, 2022January 28, 2022 By le1VHvD7kM 36 Comments on Candlestick charts: The ULTIMATE beginners guide to reading a candlestick chart

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The ULTIMATE beginners guide to reading a candlestick chart:

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The ULTIMATE beginners guide to Price Action Trading:

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In this video, Steven shares some advanced structure trading techniques for the Forex market and a few key steps to building a Forex trading strategy.

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Comments (36) on “Candlestick charts: The ULTIMATE beginners guide to reading a candlestick chart”

  1. Brandon Quinn says:
    November 15, 2017 at 11:57 pm

    I have spent a lot of time watching other videos on candlesticks never commenting on any until now, I learned more in the last 15 minutes then I did watching all of the others combined. Articulated very well and I wish I had watched yours first. Truly is the ultimate guide for beginners. I appreciate it and look forward to watching the other videos you’ve done.

    1. Ninja Trading Services 🗸 says:
      June 7, 2021 at 5:16 am

      Yes or No?

    2. Roger Wright says:
      June 18, 2021 at 12:25 pm

      I agree. Thanks for posting this!

    3. Priyadarshini P says:
      July 27, 2021 at 12:35 pm

      Same here

    4. ladiesgod says:
      September 1, 2021 at 9:28 pm

      Nice and concise. Thanks bro

    5. SWERTRES TRIO says:
      September 10, 2021 at 7:11 am

      Useless

  2. Arael4 says:
    April 16, 2019 at 9:02 am

    by far the clearest explanation, no unnecessary talk, all your points are connected to the previous. Thank you for taking this time to enlighten and empower us. great teacher!

  3. Gaurav says:
    April 8, 2020 at 5:16 am

    Dude, you just explained the candle throughly. I’ve been trying to learn that since days. And you explained it in no time. Hats off!

    1. Gabriel Dolph says:
      February 8, 2021 at 4:01 pm

      you can invest as little as a few dollars into an asset like Bitcoin. You don’t have to buy one whole Bitcoin! Bitcoin is hovering at well over $43,000 at the time of writing, but you can buy fractions. So, you can buy a few fractions of a Bitcoin up to $100 and you’ll be building your portfolio.

    2. Gaurav says:
      February 9, 2021 at 12:23 am

      @Gabriel Dolph Good to know that man, I’m surely looking forward to invest in crypto currency.

    3. Gaurav says:
      March 26, 2021 at 1:08 pm

      @Kate Kimbley The Indian Government is planning to ban all types of cryptocurrencies here in India unfortunately

    4. Gaurav says:
      March 27, 2021 at 6:10 am

      @Kate Kimbley Yes I am

    5. COMPETITION COURSES says:
      September 17, 2021 at 7:57 am

      @Kate Kimbley how shuold i invest i am begginer

  4. Wes says:
    June 7, 2020 at 9:30 am

    Very informative, well put together, and easily explained. Thank you!!

  5. Prasad Falke says:
    June 12, 2020 at 10:09 am

    Loved it, was always confused but now my concepts are clear. Thank you, Sir!

  6. Chimezz says:
    July 8, 2020 at 7:15 am

    Thanks for making this candlestick charts clearer and understandable.

  7. Tamala White says:
    August 21, 2020 at 1:36 pm

    Just learning and this is the clearest candlestick training I’ve come across. I got a real understanding of basic patterns watching your video.

  8. Christopher Scott says:
    August 27, 2020 at 7:53 am

    This video is definitely a gem. I’ve watched other videos that claim to be beginner videos… and then they start using intermediate to advanced terminology that I then have to go look up which does nothing but confuse me even more. You explained EVERYTHING in a way that a elementary schooler could understand and for that I thank you!

  9. Mama Bear says:
    September 23, 2020 at 2:33 pm

    Thank you for breaking this down so clearly! You’re an excellent teacher!

  10. zahid ahsan says:
    October 8, 2020 at 8:10 am

    Absolutely brilliant video for a beginner like me. So well explained!

  11. Skript _ says:
    November 3, 2020 at 1:12 am

    Not gonna lie. Before this video I was on a 1:1 ratio of wins and loses, after those 16:25 i had 10 wins in a row. You’re amazing man thanks 😭

    1. Stefany Sanchez says:
      December 18, 2021 at 10:16 pm

      Really? Waoo man, congratulations

  12. Rebekah W. says:
    January 1, 2021 at 1:37 am

    Most articulate, informational , and easy to invest video I’ve seen explaining candlestick charts .
    Thanks for taking the time 👍

  13. Jordan Samuels says:
    January 5, 2021 at 9:22 am

    Great Video, Very informative and loved your concise yet simple explanation of Candlestick anatomy. I feel much more confident reading these market trends. Great Video! Thumbs up! New Subscriber! Keep it up 🙂

  14. Naruto Uchiha says:
    February 4, 2021 at 4:17 pm

    I just want to say that this is an amazing channel. You are an amazing teacher and you’ve really helped me to understand trading. Thanks!!

  15. Ashley Giguere says:
    February 10, 2021 at 4:39 am

    This video is amazing. Ive been struggling to find a good learning resource for candlesticks that I could understand (I have trouble learning things because of my ADHD) and this was recommended to me in a group. Absolutely cannot thank you enough for this video. You make it so easy to understand everything. Everything else ive seen gets so technical or skips over what things mean and you didn’t do that. You give clear concise meanings and explanations for everything without it being overwhelming. Bravo to you sir.

  16. Keanan Samuels says:
    February 22, 2021 at 7:23 am

    This is great. I wonder, does the same thing apply for shorter timeframes? This is over months, and years. Does it also apply across hours, days, weeks?

    Edit – he said at the end there’ll be another video for other timeframes. Hopefully I can find it

  17. Kacper Jaslowski says:
    August 2, 2021 at 8:54 am

    Thank you sooo much! This video really helped me a lot to understand these graphs! I’ve spent hours researching and watching videos which where overcomplicated. This video really really helps me to learn how this works! Thank you!

  18. The Trading Channel says:
    September 22, 2021 at 6:12 pm

    EXTREMELY IMPORTANT PSA: There are a number of accounts using our name and profile picture to pretend to be me and steal money from viewers. 1 – I do not have a Telegram, Whatsapp, or Discord account. 2 – I will NEVER ask you for money. 3 – I will NEVER ask for money/cryptocurrency and say I will trade for you. 4 – I will NEVER ask you for a payment in any cryptocurrency. 5 – DO NOT COMMUNICATE WITH THESE ACCOUNTS. They are pretending to be me and trying to steal your money. I currently have two full-time employees that delete these comments daily. But, some still get through. So, please be extremely careful and never give someone cryptocurrency or money that is pretending to be me. AGAIN, I DO NOT HAVE A TELEGRAM, WHATSAPP, OR DISCORD ACCOUNT, I WILL NEVER ASK YOU FOR MONEY OR TRADE FOR YOU, I WILL NEVER ASK YOU FOR A PAYMENT IN CRYPTO. DO NOT COMMUNICATE WITH THESE ACCOUNTS.

    Also, there are a number of fake IG accounts doing the same exact thing. The ONLY Instagram accounts we run are @stevenkiethhart and @thetradingchannel anything else is not me/us.

    Other than that, I hope you enjoy the video! If you want to learn from us and would like to learn more advanced material then join our VIP training course/program. Go to http://www.eaptrainingprogram.com

    PROGRAM INCLUDES:

    Full training course (beginner to advanced)
    Technical analysis training
    Full rules-based Strategies
    Risk management training
    Strategy optimization training
    Backtesting training
    Weekly analysis video (each Monday)
    3 to 5 email alerts each week
    Pro Trader Report (email of analysis)
    Priority email mentorship (Me personally answering your questions)
    Review videos
    FREE Spreadsheet for backtesting
    Advanced AP1 pattern training
    Advanced Double bottom/top training
    And much much more…

    For any questions about the course email – support@thetradingchannel.net

    PROGRAM ACCESS – http://www.eaptrainingprogram.com

    Talk soon,
    Your honest trading coach,
    Steven

    1. Recon.777 says:
      September 22, 2021 at 9:36 pm

      There seems to be a plague of these scam bots going around lately. The good crypto mining channels are also getting hit with the same problem.

    2. Aguaze mercy Morris says:
      September 29, 2021 at 6:15 am

      I’m happy i met this video at the right time please help with more and also on take profit and stop loss thanks

    3. Recon.777 says:
      September 29, 2021 at 9:48 am

      @Aguaze mercy Morris Your reply makes no sense.

    4. tyylit says:
      October 9, 2021 at 7:51 am

      its wierd how these social media platforms are full of scammers and nothing is done to them.

    5. Harshit Dobriyal says:
      October 26, 2021 at 12:51 pm

      Sir, You literally teach about the trendline the best you could and also anyone could
      Made me understand and easy to do it..!! Thank You..!

  19. realdeal139 says:
    September 30, 2021 at 2:56 am

    Most thorough and best explanation I’ve seen by far on this topic. Job well done and you earned a sub. 👍🏼

  20. Gabriel Franco says:
    January 7, 2022 at 1:55 am

    It’s been years when you posted this video but I’ve learned a lot in a short period of time. Big thanks! More videos to watch.

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