In this video I will show you how to successfully apply the Fibonacci Forex trading levels. I managed to successfully forecast a price retracement from the 61.8% Fibonacci level. I hopped into an emerging price increase, and I ended up with a profitable long trade. Signals for the Fibonacci Forex Trade The price has interrupted a […]
Indicators are crucial for the on chart analysis of currencies. One of the most popular tools for technical analysis in Forex is the MACD indicator. This is so due to the success. This article will give you an in depth review of the Moving Average Convergence Divergence indicator. Then you will be able to apply […]
The trade you will see here involves trading inside a bullish channel pattern. The price of the GBP/USD has been following an upward channel and I hopped in after one of the bounces from the lower level. This way I rode a bullish price impulse to the upper level of the channel. Signals for the […]
This time I have a Forex video example of a classical pattern that often appears on the Forex charts. This is the Head and Shoulders chart pattern that usually reverses the bullish trends to set the beginning of a fresh bearish run. This is what actually happened on the chart. Signals of the Head and Shoulders Trade The […]
The new trading example today is on the USD/JPY Forex chart. The price action created a bullish triangle breakout that appeared after a big swing on the chart. The further activity of the price created a good trading opportunity in bullish direction. Signals of the Bullish Triangle Trade The price action dropped drastically on mixed US Jobs […]
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 […]
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 […]
This time the live Forex trading example covers a trade taken on the M15 USD/JPY chart as a result of a Forex consolidation breakout. The consolidation comes after a sharp price decrease and a breakout through its upper level was the reason why I opened a long trade on the general assumption that the price […]
