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Steve Nison’s Candlesticks Re‐Ignited:Advanced Candlesticks to Boost Confidence and SuccessMore Bullish12Less Bullish/Bear3Very Strong Sessions#346Strong SessionsNamePower line (hammer)5789Neutral SessionsCharacteristics10Bearish SessionsNison NotesShadow 2x or more real body. Can havevery small upper shadow.61 www.candlecharts.comMore Bullish12Less Bullish/Bear3Very Strong Sessions#4456Strong SessionsName789Neutral SessionsBearish SessionsCharacteristicsNison NotesUpper shadow 25%or less real bodyUpper shadow showssome rejection athigher pricesTall White62 www.candlecharts.comMore Bullish12Less Bullish/Bear3Very Strong Sessions#510NameSmall white with bullshadow456Strong Sessions78Neutral SessionsCharacteristics910Bearish SessionsNison NotesLower shadow less than 2x real body. Canhave very small upper shadow. www.candlecharts.com63For free continuing education and exclusive support for this video go to www.nisonu.com

Steve Nison’s Candlesticks Re‐Ignited:Advanced Candlesticks to Boost Confidence and SuccessMore Bullish12Less Bullish/Bear3Very Strong Sessions#646Strong SessionsNameMedium upper shadowTall white5789Neutral SessionsCharacteristics10Bearish SessionsNison Notes“Maintains theStrength” but showingSame as line 4 but upper shadow 25% to100% real bodyincreasing pricerejection64 www.candlecharts.comMore Bullish12Less Bullish/Bear3Very Strong Sessions#Name7Long upper shadow tallwhite456Strong Sessions789Neutral SessionsCharacteristicsBearish SessionsNison NotesRare candle – ‘”GivesSame as 4 but upper shadow more than100% of real bodyslight fearful feeling”65 www.candlecharts.comMore Bullish12Less Bullish/Bear3Very Strong Sessions#810NameWhite spinning top456Strong Sessions78Neutral SessionsCharacteristicsCan have upper and lower shadows lessthan 100% of real body www.candlecharts.com910Bearish SessionsNison Notes“A drifting market”66For free continuing education and exclusive support for this video go to www.nisonu.com

Steve Nison’s Candlesticks Re‐Ignited:Advanced Candlesticks to Boost Confidence and SuccessMore Bullish12Less Bullish/Bear3Very Strong Sessions#56Strong SessionsNameSmall white with bearshadow94789Neutral SessionsCharacteristicsBearish SessionsNison NotesUpper shadow from 1 to less than 2x realbody. Can have small lower shadow.67 www.candlecharts.comMore Bullish12Less Bullish/Bear3Very Strong Sessions#1046Strong SessionsNameShooting star5789Neutral SessionsCharacteristicsNison NotesUpper shadow at least2x real body. Can have small lowershadow.68More Bearish210Bearish Sessions www.candlecharts.com110Less Bearish/Bullish345679108Very Weak SessionsWeak SessionsNeutral Sessions www.candlecharts.comBullish Sessions69For free continuing education and exclusive support for this video go to www.nisonu.com

Steve Nison’s Candlesticks Re‐Ignited:Advanced Candlesticks to Boost Confidence and SuccessMore Bearish12Less Bearish/Bullish364795108#NameCharacteristics1Long black double crewcutNo shadowsNison Notes70 www.candlecharts.comMore Bearish12Less Bearish/Bullish345679108Very Weak Sessions#Name2Long black closing crewcutWeak SessionsNeutral SessionsBullish SessionsCharacteristicsNison NotesSmall Upper shadowUpper shadow showsmarket can breakunder opening price71 www.candlecharts.comMore Bearish12Less Bearish/Bullish345679108Very Weak Sessions#3NameShooting StarWeak SessionsNeutral SessionsCharacteristicsBullish SessionsNison NotesShadow 2x or more real body. Can havevery small lower shadow. www.candlecharts.com72For free continuing education and exclusive support for this video go to www.nisonu.com

Steve Nison’s Candlesticks Re‐Ignited:Advanced Candlesticks to Boost Confidence and SuccessMore Bearish1Less Bearish/Bullish2345679108Very Weak Sessions#4Weak SessionsNameLong blackNeutral SessionsBullish SessionsCharacteristicsNison NotesLower shadow 25% or less real bodyLower shadow showsdemand at lower prices73 www.candlecharts.comMore Bearish12Less Bearish/Bullish345679108Very Weak Sessions#5Weak SessionsNameSmall black with bearshadowNeutral SessionsCharacteristicsBullish SessionsNison NotesUpper shadow less than 2x real body. Canhave very small lower shadow.74 www.candlecharts.comMore Bearish12Less Bearish/Bullish345679108Very Weak Sessions#6NameMedium lower shadowlong blackWeak SessionsNeutral SessionsBullish SessionsCharacteristicsNison NotesSame as line 4 but lower shadow 25% to100% real bodyShowing increasingdemand and pricerejection at lower levels www.candlecharts.com75For free continuing education and exclusive support for this video go to www.nisonu.com

Steve Nison’s Candlesticks Re‐Ignited:Advanced Candlesticks to Boost Confidence and SuccessMore Bearish12Less Bearish/Bullish345679108Very Weak Sessions#7Weak SessionsNameLong lower shadowblackNeutral SessionsCharacteristicsBullish SessionsNison NotesSame as 4 but lower shadow more than100% of real bodyRare candle – ‘”Givesslight fearful feeling” tobears76 www.candlecharts.comMore Bearish12Less Bearish/Bullish345679108Very Weak Sessions#8Weak SessionsNameBlack spinning topNeutral SessionsBullish SessionsCharacteristicsNison NotesCan have upper and lower shadows lessthan 100% of real body“A drifting market”77 www.candlecharts.comMore Bearish12Less Bearish/Bullish3459108Very Weak Sessions#9NameSmall black with bullshadowWeak SessionsNeutral SessionsCharacteristicsBullish SessionsNison NotesLower shadow from 1 to less than 2x realbody. Can have small upper shadow. www.candlecharts.com78For free continuing education and exclusive support for this video go to www.nisonu.com

Steve Nison’s Candlesticks Re‐Ignited:Advanced Candlesticks to Boost Confidence and SuccessMore Bearish1Less Bearish/Bullish2345679108Very Weak Sessions#10Weak SessionsNameHammerNeutral SessionsCharacteristicsBullish SessionsNison NotesLower shadow at least 2x real body. Canhave small upper shadow. www.candlecharts.com Reviewed importance of real bodiesand shadows White real body/shadow progression frommore to less bullish Black real body/shadow progression frommore to less e Candle Lines:“One sided” shadowcandlesFounder and President:Candlecharts.com www.candlecharts.com81For free continuing education and exclusive support for this video go to www.nisonu.com

Steve Nison’s Candlesticks Re‐Ignited:Advanced Candlesticks to Boost Confidence and SuccessBASIC CRITERIA Market in a downtrend Real Body White or Black Small real body at, or near, top of range. Lower shadow at least 2x height real body“A chance to buy at the bottom”STRICT CRITERIA White real body No upper shadowPATTERN PSYCHOLOGYSUPPORT/MOMENTUMSUPPORT/MOMENTUM TRADING Low of hammer as support Consider shorting under low ofpattern.After this last burst of selling, new buyinghas started. This rejection of lower prices isindicating a change in balance between bullsand bears. The net result: lessening ofbears’ confidence of sustainability of lowerprice levels (and a reason for bulls to startgetting more optimistic).www.candlecharts.com82 White real body hammer is called a“Power Candle” Can have small upper shadow (around10% of lower shadow) The more oversold and the longer theshadow, the higher degree ofconfidence Often a retest of lower shadow Bullish counterpart of Shooting Star(not a Hanging Man). A hammer with a open/high/close athigh is a Dragonfly doji As a single candle line it is same in FXas other marketswww.candlecharts.com83A candlestick line or patternrequires two criteria: The shape of the line or pattern The preceding trend84For free continuing education and exclusive support for this video go to www.nisonu.com

Steve Nison’s Candlesticks Re‐Ignited:Advanced Candlesticks to Boost Confidence and SuccessHammer and trendNot a hammerPower linewww.candlecharts.com85Hammer your way to profitsDragonfly dojiwww.candlecharts.com86Retest of hammer’s shadowwww.candlecharts.com87For free continuing education and exclusive support for this video go to www.nisonu.com

Steve Nison’s Candlesticks Re‐Ignited:Advanced Candlesticks to Boost Confidence and SuccessHammer As com88Hammer as SupportMarket will oftenretest hammer’slower shadowwww.candlecharts.com89Same Signal- But look at the Difference in TradingTactics“To know whereyou stand is asimportant ascandle patternrecognition.”www.candlecharts.com90For free continuing education and exclusive support for this video go to www.nisonu.com

Steve Nison’s Candlesticks Re‐Ignited:Advanced Candlesticks to Boost Confidence and SuccessHammer – Stops/MomentumExit (or short)www.candlecharts.com91Hammers and Stops/MomentumHammer near supportProtective stop ormomentum tradewww.candlecharts.com92BASIC CRITERIA Market in a uptrend Small real body at, or near, top of range. Must come at new high for move orsignificant rally Lower shadow at least 2x height real body“S“Suggestst a peakk iin ththe market”k t”PATTERN PSYCHOLOGYSUPPORT/MOMENTUMSUPPORT/MOMENTUM TRADING Not used as resistance Momentum: Trend is still up withthis signalAlthough it may seem that the marketstill has rising power left, it has shownthat once the market has fallen, it hasbecome very fragile.www.candlecharts.com93For free continuing education and exclusive support for this video go to www.nisonu.com

Steve Nison’s Candlesticks Re‐Ignited:Advanced Candlesticks to Boost Confidence and Success Same as the hammer except, market inan uptrend Can have small upper shadow (around10% of lower shadow) Must have bear confirmation with alower close, or for those moreaggressive, a lower opening This is not the bearish counterpart ofHammer. The Shooting Star is thebearish counterpart. Because of the bullish shadow, do notplace much emphasis on this signal.www.candlecharts.com94Importance of Price confirmation2 31Pain!54www.candlecharts.com95BASIC CRITERIA Market in an uptrend Black or White real Body Small real body at, or near, bottom of range. Upper shadow at least 2x height real body“A crack has entered the market”STRICT CRITERIA Black real body No lower shadowSUPPORT/MOMENTUMSUPPORT/MOMENTUM TRADING High of shooting star as resistance Consider buying above high ofpatternPATTERN PSYCHOLOGYThe strong retreat from higher prices shows eitheror/and:1) bulls stepping back at higher levels2) bears getting more aggressiveThe result is that the bulls have second thoughts oftheir power and bears now have encouragement. 96For free continuing education and exclusive support for this video go to www.nisonu.com

Steve Nison’s Candlesticks Re‐Ignited:Advanced Candlesticks to Boost Confidence and Success Black real body most important. Can have small lower shadow (around 10%of upper shadow). The more overextended the rally and thelonger the shadow, the higher degree ofconfidence. Unlike a hammer, market doesn’t oftenretest upper shadow. Bearish counterpart of Hammer (notInverted Hammer.) A Shooting Star with a open/high/close atlow is a Gravestone doji. As a single candle line this is the same inFX97www.candlecharts.comShooting Star with Price g star but no price confirmationwww.candlecharts.com99For free continuing education and exclusive support for this video go to www.nisonu.com

Steve Nison’s Candlesticks Re‐Ignited:Advanced Candlesticks to Boost Confidence and SuccessPrice ConfirmationIf a candle signal confirms a western signal, there isless need for price confirmationwww.candlecharts.com100Stops and Momentum TradingClose over herewould be a plusfor the bullswww.candlecharts.com101Gravestone Dojiwww.candlecharts.com102For free continuing education and exclusive support for this video go to www.nisonu.com

Steve Nison’s Candlesticks Re‐Ignited:Advanced Candlesticks to Boost Confidence and SuccessGravestone DojiGravestone dojiClose underm.a. support25 daymovingaveragewww.candlecharts.com103BASIC CRITERIA Market in downtrend Small real body at, or near, bottom of range. Must come at new low for move or significantdecline Upper shadow at least 2x height real bodyPATTERN PSYCHOLOGYSUPPORT/MOMENTUMSUPPORT/MOMENTUM TRADING Not used as supportWhile the market closes at, or near itslow, it has shown an ability to rise. Thismay get the bears slightly nervous. Momentum: Trend is still down withthis signalwww.candlecharts.com104 Same as the shooting star, exceptmarket in a downtrend Can have small lower shadow (around10% of lower shadow) Must have bull confirmation with ahighergclose,, or for those moreaggressive, a higher opening This is not the bullish counterpart ofShooting Star. The Hammer is thebullish counterpart. Because of the bearish shadow, do notplace much emphasis on this signal.www.candlecharts.com105For free continuing education and exclusive support for this video go to www.nisonu.com

Steve Nison’s Candlesticks Re‐Ignited:Advanced Candlesticks to Boost Confidence and SuccessImportance of Price ConfirmationAlways needs candleconfirmation with this signal andhanging man candle.www.candlecharts.com106One sided candles with Nison 360 CandleAnalysis: Review of basic criteriaStrict CriteriaUsing as support or resistanceDetailed psychology behind each patternMomentum tradingNison insightsWhy hanging man and inverted hammerlines less importantSingle candle lines the same in FXImportance of trendCan’t buy/sell on every candle e BlendedCandle LineFounder and or free continuing education and exclusive support for this video go to www.nisonu.com

Steve Nison’s Candlesticks Re‐Ignited:Advanced Candlesticks to Boost Confidence and Success“Japanese charts have meaning in asingle candle, and when two candlesare combined, the meaning becomesmore significant.”www.candlecharts.com109A blended candle is a way of “compressing” combinationsof candle lines into as if they made one candle110Source: KABUSHIKISOUBA NOTECHNICAL BUNSEKI – G.IkutaroHow do we make a Blended Candle?close 2 open 11) Use open of the first session for open of blended candle2) Use close of the last session of pattern for close ofblended candle.3) Use highest high and lowest close of all sessions forupper and lower shadows of blended candle.111For free continuing education and exclusive support for this video go to www.nisonu.com

Steve Nison’s Candlesticks Re‐Ignited:Advanced Candlesticks to Boost Confidence and Successthink of Blended candle as a “Summary candle” of thepattern analyzed. How does this help?2‐ To compare variations of candlepatterns to determine the strength ofthe signal1‐ To determine if a patternis net bullish or bearishClassic dark cloudcoverwww.candlecharts.comHow is this non classic darkcloud cover different? Whatdoes it mean to the outlook?112CandlesticksRe-Ignited!AdvancedDouble CandleLines:TweezersFounder and RITERIA Two candles with matching highs (tweezerstop) or lows (tweezers bottom) Uptrend for tweezers top and downtrendfor tweezers bottom. But trend not critical. The first candle must be a long white(tweezers top) or long black (tweezersbottom) 2nd candle must reflect diminishing of priorforceSource: HAJIMETE KABUKA CHATO WO YOMU HITO NOHON by K. HoshiPATTERN PSYCHOLOGYThe first candle shows bulls (tweezers top)or bears (tweezers bottom) are dominating.With the second candle showing an inabilityto continue the move implied by the firstcandle, we are starting to see the power of114the prior trend dissipating.For free continuing education and exclusive support for this video go to www.nisonu.com

Steve Nison’s Candlesticks Re‐Ignited:Advanced Candlesticks to Boost Confidence and Success The more the 2nd candle closes into thefirst candle, the better the signal. This is a minor pattern unless there isa candle reversal signal that alsoemerges at the 2nd candle (i.e. piercingpattern, shooting star). Not used as support or resistance ormomentum trading unless 2nd candle isa reversal candle.Source: HAJIMETE KABUKA CHATO WO YOMU HITO NOHON by K. Hoshi If both candles for tweezers top closeat, or near the highs, or tweezersbottom close at or near the lows, thispattern would have less significance.115www.candlecharts.comTweezers topThink this market had troubles near 8.20?Tweezers topWhy is this nota Tweezersbottom?www.candlecharts.com116Tweezers Bottomwww.candlecharts.com117For free continuing education and exclusive support for this video go to www.nisonu.com

Steve Nison’s Candlesticks Re‐Ignited:Advanced Candlesticks to Boost Confidence and SuccessUsing the “Blended Candle” to increase candleinsights: Is combination of candle lines bullish or bearish?Is the candle pattern more – or less – strict?Tweezers tops and bottoms – ancedDouble CandleLines:The Bull SignalsFounder and candlecharts.com119120For free continuing education and exclusive support for this video go to www.nisonu.com

Steve Nison’s Candlesticks Re‐Ignited:Advanced Candlesticks to Boost Confidence and gLinewww.candlecharts.com121BASIC CRITERIA Two session pattern Downtrend but even with no apparent trend,would be a positive signal Black real body followed by a long whitereal body that gaps lower on the open andthen closes at or near black candle close. 2nd candle tall whiteSTRICT CRITERIA Both candles are large (very rare)PATTERN PSYCHOLOGYSUPPORT/MOMENTUMSUPPORT/MOMENTUM TRADING Not used as support or resistance. Consider selling on move under lowof pattern.With the gap down, bears are relieved. The“bulls are backed into a corner and cameout fighting in a heroic fight. Kamikazefights are always frightening, so the bearsseeing this take to the sidelines and thebulls may get reinforcements.”www.candlecharts.com122 No pattern like this for FX sincethe market gaps lower. While the ideal pattern is both largereal bodies, we would still view thisas important even if only the whitecandledl was largel Closes do not have to be exactlythe same Opposite of bearish counter attackwww.candlecharts.com123For free continuing education and exclusive support for this video go to www.nisonu.com

Steve Nison’s Candlesticks Re‐Ignited:Advanced Candlesticks to Boost Confidence and SuccessBull Counter AttackWhat do you thinkthe bears are thinkingafter this session?PS‐ watch yourlanguage!BullCounterAttackwww.candlech

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