One of the most important ingredients for successful trading is Forex chart patterns technical analysis. Recognizing figures on the graph is an essential part of the Forex strategy of every trader. It is vital that you learn chart patterns and their meaning. I have decided to spare some time to show you how to trade […]
The life of a Forex trader is full of unpredictable events. You never know when a central banker says something that moves the market. Therefore, the need of having a set of Forex trading tools arises. Before anything, don’t think of Forex trading tools as being only technical ones. Instead, think of the sum of […]
Among classic technical analysis pattern, the head and shoulder chart pattern stands out of the crowd. A head and shoulders chart is a reversal pattern that allows incorporating both price and time in an analysis. I wanted to get your attention from the first paragraph. Reread it! What’s unusual? Price and time. In Forex trading, […]
Spotting a trend reversal is the dream of every trader. It gives an early entry and offers a competitive advantage against conservative traders. As for reversal patterns, Forex traders have a plethora to choose from. Therefore, they focus on the most powerful reversal patterns and use them with a proper money management system. There are […]
Forex trading has much to do with trends. To ride them, traders look for trend continuation patterns. To fade them, they ignore continuation patterns and focus on reversal ones. There aren’t many continuation patterns technical analysis provides. But those that exist are enough for the right positioning. Any journey into continuation patterns technical analysis offer […]