This live Forex trading example combines two important events on the 5-minute chart of the GBP/USD Forex pair. This is the interaction with a Forex resistance and the followed channel breakout. This created a nice short trading opportunity on the chart, which I took advantage of. Signals of the Short Forex Resistance Trade The GBP/USD […]
This live Forex trading example involves a bullish trade taken on the M5 chart of the GBP/USD based on signals from the Bollinger Bands Forex indicator. The trade gives a clear example how to take advantage of Forex volatility when identifying emerging trends. I opened a long trade on the assumption that a bullish move […]
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 […]
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 […]
Hello Forex Traders! I have a new trading example for you on the EURUSD chart. I managed to trade a bullish trend bounce on the 15 minute chart and to lock in some guaranteed profit. The fact that I adjusted my Stop Loss order above my entry point saved me from a big danger. Signals […]
The Forex trading example we have for you today involves a well-known candlestick pattern called Spinning Bottom candlestick. This is a single candle pattern that has reversal functions on the chart. We spotted the pattern on the 15-minute chart of the USD/CHF Forex pair and we traded it successfully. The candle emerged during a price […]
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 us a better picture of the scope of our Hammer Reversal candle trade. We traded until the price reached the upper channel level. Live Trading […]
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 […]
