October 19, 2021
In forex, there are always those key price levels that hugely affect market sentiments. What are they? And how do you identify and trade these key levels? Key levels are psychological price levels on the forex chart where many traders base their technical
September 27, 2021
After a price breakout, you could trade the breakout candle or wait for a retest of the breakout level. The first approach is risky. This article teaches you how to trade the second approach. What the Breakout and Retest Strategy is About The breakout and
September 20, 2021
Price channels are useful technical analysis tools that help you tell the market trend. Besides that, they also offer you a foundation on which you can build your other technical analysis tools. And with the right strategies, you can squeeze out some effe
September 8, 2021
Forex gaps, when they occur, can offer you trading opportunities. This article focuses on the most common forex gap trading strategies. There are many forex gap trading strategies, some being more common than others. Let's take a look at some of the most
August 27, 2021
Candlestick patterns are great tools to improve your forex trading experience. One of the most commonly used among them is the outside bar candlestick pattern. In this article you’ll learn everything you need to know about the powerful outside bar candles
August 12, 2021
Developed in the 1950s by George Lane, the stochastic indicator has grown to be one of the most popular indicators today. And this popularity is no fluke, since the momentum data carrying indicator gives buy and sell signals with reasonably high accuracy.
July 24, 2021
There’s been a lot of buzz about multi timeframe analysis lately, but what exactly is this type of technical analysis and why should you incorporate it into your forex trading strategy? Multi timeframe analysis is a holistic approach to technical analysis
July 14, 2021
Have you ever seen the market bounce hard off a key level, but the trend is still overwhelmingly against the bounce? Known as bull or bear traps, depending on the direction of the prevailing trend, trading these patterns is certainly no easy task. These f
April 21, 2021
One of the biggest issues new day traders face in the forex market is a lack of strategy. It’s all too easy to get caught up in every little move on every pair, but when trading by the seat of your pants, eventually you’ll be caught with your pants down.
April 13, 2021
The rectangle is a simple technical analysis pattern that forms when parallel support and resistance levels cover the price at the top and at the bottom. You’ll often find this pattern during consolidation in trending markets. The price bounces within the