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Candlestick Story — The True Breakthrough

  • #1
  • First Post: Feb 7, 2025 8:01pm Feb 7, 2025 8:01pm
Focus with intent, and reality shall yield to your will.

I made it. I bought some properties, built passive income, and now, this is my final contribution to this insanity.

I’ve explored it all—fundamental, sentiment, and technical analysis. Wyckoff, order flow, Gann, Elliott Wave, planetary cycles, stochastics, patterns... I don’t want to talk about them anymore. I’m done.

I’ve realized that trading methods largely depend on personality. Here’s my take, some of these overlap:

  1. Logical, systematic traders lean toward order flow, Wyckoff, or algorithmic trading, which focus on structure and quantifiable data.
  2. Pattern seekers are drawn to Elliott Wave, Gann, and harmonic patterns, finding meaning in repeating structures.
  3. Intuitive, risk-tolerant traders thrive in sentiment analysis, news trading, and momentum strategies, where adaptability is key.
  4. Patient, long-term thinkers prefer fundamental analysis, tracking macroeconomic trends and valuations.
  5. Numerically inclined traders explore stochastics, Fibonacci, or planetary cycles, where mathematical relationships dominate.

At its core, technical analysis abstracts market behavior—condensing chaotic price movements into patterns, indicators, and trends.

Instead of focusing on why prices change (economic events, geopolitics), it distills market activity into candlestick charts, support and resistance levels, moving averages, and oscillators.

The premise? Price action reflects all available information, and patterns repeat due to collective market psychology.

In essence, technical analysis turns market chaos into tradable structure.

And if we strip it down further? The market is just supply and demand.

Next...

  • #2
  • Feb 7, 2025 8:10pm Feb 7, 2025 8:10pm
I was able to breakthrough from the enlightenment through this person.
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A small portion of price movement (20-30%) has a disproportionately large impact on the overall market structure and direction.

Explore it yourself. Don't believe me, see and experience for yourself.

Next...
  • #3
  • Feb 7, 2025 8:34pm Feb 7, 2025 8:34pm
The market is a living system that cannot be controlled indefinitely. It follows laws of equilibrium, liquidity distribution, and collective psychology, all of which tend to revert to Pareto’s distribution. Short-term distortions may occur, but long-term balance is inevitable.

If we simplify it, everything we do, which is mostly on the charts (because some don't use even charts), is gathering some context to make informed decisions on how to trade the market.

I prefer using candlesticks because they clearly show the fat candles and the important OHLC information. I also found preference in the context provided by the market/volume profile, which follows the Pareto Distribution.

Now that we have a workable bigger picture, our next task is to find the 20%-30% move that will determine 70%-80% of the outcome.

This is the ultimate question I narrowed down. The holy grail. The true market makers. The elites. The big boss. The AI. The departments. The illuminati. The alien.

Next...
  • #4
  • Edited 9:14pm Feb 7, 2025 9:02pm | Edited 9:14pm
Due to a busy schedule, I was not able to sell here, but you get the idea since I was able to join the buying.

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You have to truly understand what the abstracted candles are really saying. Every candle tells a story, but I’m not saying you should trade every single one. Understand them as a group, as a whole.

People assume they know price action, but I doubt that. Abstract candles are gold mines if you truly pay attention. Take notes, write them down in a checklist, and refine them continuously until you reach a point where further improvement is no longer possible.

I assume most have read about indecision candles, hanging man, hammer, dojis, etc. But what are they really trying to tell you? Dig deeper. Connect their stories. You don’t need to look too far—a few candles will do.

I hope this helps. If not, just move on. Perhaps this is not for you yet—or not at all.

If I have hurt anyone's feelings in the past, I apologize. That was never my intention. I was merely trying to stir emotions to reveal what people truly feel in the anonymity of the internet.

So, good luck, I suppose.
  • #5
  • Feb 7, 2025 9:13pm Feb 7, 2025 9:13pm
TP is only a preference because price may spike there when you're not watching. Sometimes, another distribution may form along the way, leading to either a continuation or a reversal. Just be aware of these things. I have to go. That's all.
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  • #6
  • Feb 7, 2025 10:09pm Feb 7, 2025 10:09pm
Please give clear entry and exit conditions or move to journal, thank you
  • #7
  • Feb 8, 2025 12:31am Feb 8, 2025 12:31am
If 20-30% of market movement determines 70-80% of the outcome, how do we consistently identify it?
https://x.com/moneyprinte
  • #8
  • Feb 8, 2025 1:19am Feb 8, 2025 1:19am
I've given more than the precise entry and exit, I've given the principle itself. If so, please move the thread accordingly. Thank you.
  • #9
  • Feb 8, 2025 5:30am Feb 8, 2025 5:30am
It looks like a block system.
  • #10
  • Feb 8, 2025 6:31am Feb 8, 2025 6:31am
Good Post, i need to read up on the Pareto principle, i've heard about it but need to dig deeper, i agree all market data is represented in charts and taking the pareto principle i think the 20-30 % can be represented in even less candles than the ones outlined in your rectangles
  • #11
  • Feb 8, 2025 8:49am Feb 8, 2025 8:49am
Quoting Ambklimitles
Good Post, i need to read up on the Pareto principle, i've heard about it but need to dig deeper, i agree all market data is represented in charts and taking the pareto principle i think the 20-30 % can be represented in even less candles than the ones outlined in your rectangles
Yeah I just pointed out those areas for people to see, it's not exact.
  • #12
  • Feb 8, 2025 12:58pm Feb 8, 2025 12:58pm
Quoting Azen
I've given more than the precise entry and exit, I've given the principle itself. If so, please move the thread accordingly. Thank you.
Out of Trading Systems you go..
  • #13
  • Feb 8, 2025 7:01pm Feb 8, 2025 7:01pm
Quoting MoneyPrinte
If 20-30% of market movement determines 70-80% of the outcome, how do we consistently identify it?
Start by creating a candlestick story, talk about it, write about it. Practice is the only way. You need to imagine yourself you are in their shoes. Make it personal.

Simplified example for brevity:
Why are those candle bigger than the previous one? The other one dominates in this area
Why are there wicks in this area precisely where the previous candle have wicks? The area is dominated by the other
Why did the next candle cannot even reach 50% of the previous candle? The area is dominated by the other and kept pushing it
Why are the candle group smaller at this area? No interest or small activity
Why is it that the wicks cannot make a lower low in this area? The area is still dominated
Why did the candles closed lower here without wicks? The other might abandoned this area
Why did the candles closed above the previous candle but has wicks almost 50% of the body? The other is still active

There are buyers and sellers on both areas because of auction market, until one dominates the other. There are areas where they are interested most than the other, watch the step by step domination of these areas, that is how the 20-30% moves price.

You can understand their collective behaviors by the abstraction provided by the candle alone. The candle condenses everything.

Another important example:

They are buying here for 15 minutes but the M30 candle is still 50% wick.
The H1 is bullish candle but the M30s are very wicky.

Always follow strength. Joining the 20-30% is the only way.

Another important note: After you master this, you will see that no matter what indicator or system you add, it concurs with the candlestick story. You will see that you really don't need any indicators to tell you because if you understand the story, you have already positioned yourself before the outcome.

Practice this until your story is consistent with the 20-30%. That's why I've been saying to make a checklist and improve it everyday. I have already condensed the story to the point of no improvement.
  • #14
  • Feb 8, 2025 10:37pm Feb 8, 2025 10:37pm
Quoting Azen
Due to a busy schedule, I was not able to sell here, but you get the idea since I was able to join the buying. {image} You have to truly understand what the abstracted candles are really saying. Every candle tells a story, but I’m not saying you should trade every single one. Understand them as a group, as a whole. People assume they know price action, but I doubt that. Abstract candles are gold mines if you truly pay attention. Take notes, write them down in a checklist, and refine them continuously until you reach a point...

you're absolutely correct..barely anyone in forex that's beginning and learned some tripe from ICT knows what price action is

ICT and everybody else thinks price action is "indicator free" supply resistance trading that has nothing to do with the relationship of candles to each other

that's all his system is supply resistance levels trading

to really learn about PA one has to learn from livermore or wyckoff and all the rest of the old timers before computers and indicators ... cause PA was all those old guys had plus a pencil and graph paper to draw their own charts on their kitchen tables LOL

oh and btw livermores and wyckoffs books are online in pdf form for free to read...just remember they were printed over 80 years ago so there wont be fancy color charts in them LOL

good luck with this thread Azen
short trump and go long the deepstate
  • #15
  • Feb 8, 2025 10:44pm Feb 8, 2025 10:44pm
Quoting Zebi
{quote} you're absolutely correct..barely anyone in forex that's beginning and learned some tripe from ICT knows what price action is ICT and everybody else thinks price action is "indicator free" supply resistance trading that has nothing to do with the relationship of candles to each other that's all his system is supply resistance levels trading to really learn about PA one has to learn from livermore or wyckoff and all the rest of the old timers before computers and indicators ... cause PA was all those old guys had plus a pencil...
Thanks for your input. I actually made imaginary candles when I was practicing price action. I draw them on paper and colored them. LOL
  • #16
  • Feb 8, 2025 11:07pm Feb 8, 2025 11:07pm
If livermores and wyckoffs had access to today's info and the other modern feaures that can help trading, they would have been even greater traders than they were 80 years ago. Unfortunately, they never reached the blessful times of today..
If they came back from the beyond for a vist, I would wish to bring them over and show them how far we have come since the pen and ink of 80 years ago.
  • #17
  • Feb 8, 2025 11:43pm Feb 8, 2025 11:43pm
Quoting OutThere
If livermores and wyckoffs had access to today's info and the other modern feaures that can help trading, they would have been even greater traders than they were 80 years ago. Unfortunately, they never reached the blessful times of today.. If they came back from the beyond for a vist, I would wish to bring them over and show them how far we have come since the pen and ink of 80 years ago.
God bless them.
  • #18
  • Feb 9, 2025 1:57am Feb 9, 2025 1:57am
I just summoned Jesse Livermore's spirit and asked him how he would feel about indicators if he lived nowadays.

Well, Zeb is right.
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  • #19
  • Feb 11, 2025 1:25pm Feb 11, 2025 1:25pm
This is deep. Thanks.
  • #20
  • Feb 11, 2025 1:28pm Feb 11, 2025 1:28pm
Quoting Azen
Focus with intent, and reality shall yield to your will. I made it. I bought some properties, built passive income, and now, this is my final contribution to this insanity. I’ve explored it all—fundamental, sentiment, and technical analysis. Wyckoff, order flow, Gann, Elliott Wave, planetary cycles, stochastics, patterns... I don’t want to talk about them anymore. I’m done. I’ve realized that trading methods largely depend on personality. Here’s my take, some of these overlap: Logical, systematic traders lean toward order flow, Wyckoff, or algorithmic...
This summarizes it all-"Focus with intent, and reality shall yield to your will."
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