The Ultimate Forex Trading Course 90-Day Acceleratorâ„¢
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Welcome to the Ultimate Forex Trading Course 90-Day Acceleratorâ„¢
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Build a Strong Foundation
Lesson 1 – Intro to Currency Trading1 Quiz -
Lesson 2 – Brokers, Platforms, & Common Terminology1 Quiz
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Lesson 3 – Introduction to Trader Psychology
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Lesson 4 – Price Action is First & Last
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Technical Analysis – The Market's LanguageLesson 5 – Japanese Candlesticks Mastery5 Topics|1 Quiz
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Lesson 6 – Identifying Direction Mastery2 Topics|1 Quiz
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Lesson 7 – Support & Resistance Mastery2 Topics|1 Quiz
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Lesson 8 – Fibonacci Retracements and Extensions Mastery2 Topics|1 Quiz
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Lesson 9 – Advanced Patterns Mastery2 Topics|1 Quiz
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Lesson 10 – Technical Indicators Mastery1 Quiz
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Lesson 11 – Macroeconomic and Geopolitical Forces Mastery1 Quiz
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Lesson 12 – Analyzing the Whole Picture Mastery2 Topics|1 Quiz
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Time to TradeLesson 13 – Order Types, Trade Execution, Trade Management Mastery1 Quiz
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Lesson 14 – Risk Management Mastery
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Lesson 15 – KickStart Trading Strategies Mastery7 Topics
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KickStart Trading Strategy 1 Mastery – Application
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KickStart Trading Strategy 2 Mastery – Application
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KickStart Trading Strategy 3 Mastery – Application
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KickStart Trading Strategy 4 Mastery – Application
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KickStart Trading Strategy 5 Mastery – Application
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KickStart Trading Strategy 6 Mastery – Application
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KickStart Trading Strategy 7 Mastery – Application
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KickStart Trading Strategy 1 Mastery – Application
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A Dream is a Goal Without a PlanLesson 16 – Trade Planning Mastery
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Lesson 17 – Trade Journaling Mastery
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Lesson 18 – Trader Psychology Revisited
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ConclusionLesson 19 – Conclusion & Next Steps1 Quiz
Participants 20
In this lesson we’ve learned about Japanese Candlesticks, how to identify them, and how the market reacts to each one when they form. Let’s test your knowledge to ensure you’ve understood/retained the material, before moving on.
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Question 1 of 17
1. Question
A Japanese Candlestick is comprised of __ elements
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Question 2 of 17
2. Question
Fill in the blanks.
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A is a two-candle reversal pattern which is the direct bearish counterpart to the Bullish Piercing Line.
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Question 3 of 17
3. Question
Fill in the blanks.
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A is a two-candle reversal pattern where the bulls take back control, pushing prices beyond the 50% point of the previous candle. It acts as a sign that the market is likely about to start moving in the opposite direction.
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Question 4 of 17
4. Question
Label this formation.
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Question 5 of 17
5. Question
Label this formation.
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Question 6 of 17
6. Question
Label this formation.
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Question 7 of 17
7. Question
We can not trade candlestick formations under any circumstance
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Question 8 of 17
8. Question
Fill in the blank.
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This is a(n) bullish candle.
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Question 9 of 17
9. Question
Fill in the blank.
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This is a(n) bullish candle.
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Question 10 of 17
10. Question
A Candlestick is a visual representation of the fluctuation in price over a specified period of time.
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Question 11 of 17
11. Question
The four elements of a Japanese Candlestick are:
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Question 12 of 17
12. Question
Label this Formation
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Question 13 of 17
13. Question
Match each bullish candlestick formation with its appropriate label
Sort elements
- Bullish Engulfing
- Morning Star
- Hammer
- Tweezer Bottoms
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Question 14 of 17
14. Question
Match each bearish candlestick formation with its appropriate label
Sort elements
- Bearish Harami
- Dark Cloud Cover
- Bearish Doji
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Question 15 of 17
15. Question
Match each definition with the appropriate candlestick formation
Sort elements
- Dark Cloud Cover – A two-candle reversal pattern, where bears regain control and push price down to at least the 50% mark of the previous bullish candle.
- Morning Star – Comprised of a minimum of 3 candles – a Decisive Bearish, followed by an indecisive (bearish or bullish) candle, concluding with a decisive bullish candle that moves beyond the 50% mark of the body of the 1st candle
- Bullish Engulfing – Comprised of a minimum of 2 candles, where the second (most recent) candle engulfs the first by more than 50%
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Question 16 of 17
16. Question
Tweezer Tops are like two shooting stars that happen in succession.
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Question 17 of 17
17. Question
A Doji is a one-candle formation indicating a potential reversal.
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