Tag: FOREX

In the golden times of technical analysis, one name stood above everyone’s: Richard Donchian. Also called the father of trend following, he built the now famous Donchian channel indicator mt4 traders use. Despite its reputation, the Donchian channel indicator is not only a trending tool. Instead, it plays a vital role in showing volatility. Or, […]

For long, moving averages define the direction of a market. Any technical Forex analysis course starts with an exponential moving average. Or, any type of other moving averages that exist. Traders use moving averages to predict price direction. However, for many, they lag too much. It means that moving averages define a bull or a […]

Technical analysis is the base of speculation. Therefore, understanding technical analysis using multiple timeframes comes handy in Forex trading. Moreover, technical analysis using multiple timeframes by Brian Shannon became almost a cult among retail traders. And, for a good reason. Brian took technical analysis to a new level. His approach to Forex trading looks at […]

Forex money management should be every trader’s first concern. Managing Forex money means managing risk and a Forex money management strategy must exist. Traders use various tools, with a Forex money management calculator being one of them. It may sound fancy, but it’s true. No matter how good you are, or how good your trading […]

Webinar Forex Video: How to Profit from Currency

Dear Traders, I am happy to present you the replay of our FREE webinar on “What is Forex and How to Profit from Currency”. I would like to thank to the people that attended the webinar and who were active during this session that lasted for about 2 hours. Thank you! The others who were […]

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 […]

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 […]

Forex Consolidation Breakout - Live Forex Trading Example

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 […]

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