Tag: Hammer candlestick pattern

Candlesticks Cheat Sheet

This candlestick cheat sheet will help you improve your price action technical analysis. In addition, you will be able to identify the top 5 candlestick patterns and improve your strategy. Forex candlestick patterns are special on-chart formations created by one, or a few, Japanese candlesticks. There are many different candlestick pattern indicators known in Forex, […]

Trend Reversal Patterns Forex Trading

Spotting a trend reversal is the dream of every trader. It gives an early entry and offers a competitive advantage against conservative traders. As for reversal patterns, Forex traders have a plethora to choose from. Therefore, they focus on the most powerful reversal patterns and use them with a proper money management system. There are […]

Understanding the Hammer Candlestick Family

Part of the Japanese candlestick techniques, the hammer candlestick stands out of the crowd. While a single candle pattern, it sends a strong signal to technical traders. Technical analysis as we know it today wasn’t always like this. In time, it suffered changes. A lot of changes. It appeared first in the Western world. This […]

Bullish Trend Bounce - Live Forex Trading Example

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 […]

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