Month: March 2017

Forex candlestick patterns are crucial for the success of your price action technical analysis. Along with chart patterns, traders constantly use candlestick patterns for day trading to open and close different trades. This is because every Forex candle pattern contains a tradable potential. For this reason, I will dedicate this booklet to the best 5 […]

Hammer Candlestick - Live Forex Trading Example

This Forex trading example involves a Hammer Candlestick pattern, which signalizes the end of a decrease and the beginning of an increase. All this happened into a Forex channel, which gave me a better picture about the scope of my Hammer Reversal candle trade. I traded until the price reached the upper channel level. Signals for […]

Bearish Trend Bounce - Live Forex Trading Example

In this live Forex trading example I attempted to trade a bounce from a bearish trend line on the M5 chart of the AUD/CAD Forex pair. This created a nice short trading opportunity on the chart. However, things did not develop exactly as planned and I did an early exit from the trade. Signals of the […]

Taking on Forex trading is, like any endeavor, a journey that has its own set of victories and defeats. For you to become a successful trader, besides diligently educating yourself, planning, and executing your strategies, the ability to remain coolheaded and not get tangled up in emotions is as crucial as the rest. This is […]

Best Chart Patterns for Intraday Trading

One of the most important ingredients for successful Forex trading is chart pattern 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. Therefore, I have decided to spare some time to show you how to […]

Forex Support Breakout Hanging Man Candle - Live Forex Trading Example

In this live Forex trading example i will show you the way I traded a bearish impulse that came after a Forex support breakout. The example takes place on the H1 chart of the AUD/USD Forex pair a.k.a Aussie. The trade also involves the successful usage of a Hanging Man candle pattern as a confirmation. Signals […]

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