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For those interested in using technical forex trading methods in their strategies, mastering the art of candlestick pattern recognition can be the key to unlocking numerous profitable trading ...
Forex chart patterns (or Forex candlestick formations) are structures of price movements that tend to replicate themselves in different periods and time frames. They respond to specific conditions ...
Correctly identifying and subsequently trading the triangle chart pattern has benefitted many technical forex traders. The triangle pattern is traditionally categorized as a continuation chart pattern ...
As you begin to get familiar with technical analysis, you’ll start to see three distinct types of forex chart patterns emerge. While you might be looking for wedges, flags, channels and triangles, the ...
Article Summary: Forex Bull Flag patterns are great continuation trading patterns. This article will show you how to trade these easy to recognize chart patterns along with a solid money management ...
When you’re learning how to trade forex, a trading plan is essential for maintaining discipline and consistently applying your edge in the markets. Outline your risk management rules, capital ...
Continuing with the classic chart patterns, we will be discussing Triangles. There are three types of triangles - Ascending, Descending and Symmetrical Triangle. An Ascending Triangle is a bullish ...
This analysis is based on the provided monthly charts for the following major currency pairs: USD/JPY, NZD/USD, GBP/USD, EUR/USD, and AUD/USD. The charts incorporate candlestick patterns, Bollinger ...