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4 Reasons For Using a Candlestick Scanner

And while many traders have already discovered that Japanese candlesticks allow them to see chart data more comprehensively at just a glance, the downside remains that there are sometimes too many choices to consider trading.

If you trade stocks, it can be a nightmare to narrow down which stocks to look at, and then to spend hours and hours to analyze them each and every trading day.

And there’s still one big obstacle that probably affects every trader daily: “How do I find which stocks will give me the best potential profits?”

Thank goodness there’s an easy way to find those stocks — and here are a few powerful reasons for including proper candlestick pattern recognition software with a built-in scanner in your daily trading routine.

1.     Reduce tedious hours of analysis

Candlestick pattern recognition software and built-in scanner will identify potential trades faster and highlight the patterns clearly on your charts saving you countless hours of analysis time and make reacting to the developing patterns much faster. 

It’s ideally suited for busy traders no matter how much candlestick experience you have.  It’s a tremendous time saver because it does all the hard work for you.

2.     Find the best trade candidates

Besides being a great educational tool, it also inspires trading confidence by knowing you are trading amazingly accurate and proper Japanese candlesticks.  It’s like trading with a Japanese Rice trader right next to you to sniff out great opportunities and avoid bad ones. No second guessing yourself.

You just scan the market to create a watch list in a manner of minutes, and then use this watch list to pick the best chart patterns for the next day trades.

3.     Be alerted immediately when one of your favorite candlestick pattern signals appear

Japanese candlestick scanners will filter and analyze for you instantaneously using proprietary filtering technology that alerts you to candlestick patterns you want to follow in real-time – and works in any time frame.  Another great time saver!

4.     Use it with any market available

You can filter a universe of markets (stocks, indexes, Forex, futures, etc.) in any time frame, whether daily, intraday, or longer term, for any specific candlestick signal.

What could be easier and more powerful than your pre-specified candlestick pattern instantly being called to your attention?

Using the most powerful filtering capability, a Japanese candlestick scanner acts as a powerful information refinery, alerting traders and investors to only the types of high-payoff, personalized ideas they want to see, filtering out any and all irrelevant information.

A Japanese Candlestick scanner is a useful tool for every trader out there that wants to harness the power of Japanese candlestick patterns, giving them consistently good alerts they can rely on.

Let it do the dirty work of narrowing down the list of stocks to the ones with the very best chance of success. Let it help you look at the market to gauge whether it’s bullish or bearish.

Think of all the time and money you’ll save if you can just focus on the trades instead of all the work that goes on to find them.

That’s why a Japanese candlestick scanner will quickly become your secret weapon for profitable trading!

Whether you’re a swing trader or a day trader, you’ll find that a candlestick scanner will focus your efforts on the right stocks at the right time. This is the kind of help that will make a very positive (and profitable!) addition to your trading.

To help you overcome the biggest trading obstacle of finding the RIGHT stocks to trade, to dramatically improve your trading results, and consistently discover excellent trade alerts, please visit www.candlecharts.com.


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