Key Concepts for Trading with the Hammer Candlestick Pattern The hammer candlestick pattern is one of the most recognizable reversal ….
Author: Victor Chen
Victor Chen is a Senior Currency Strategist and Senior Editor of Prof FX, specializing in the integration of fundamental and technical analysis with strategic money management. With hands-on trading experience since his teenage years, Victor has built a deep portfolio across spot forex, financial futures, commodities, stocks, and options—actively managing his own accounts with a disciplined and adaptive approach to the markets.
How to Trade Market Gaps Effectively in Forex and Stocks
Gap trading is one of the most distinctive price action phenomena in financial markets. When used correctly, gaps can offer ….
Head and Shoulders Chart Pattern in Forex and Stocks: A Complete Trading Guide for Beginners
The Head and Shoulders pattern is widely regarded as one of the most reliable and well-structured trend reversal patterns in ….
How to Trade a Bullish Flag Pattern in Forex
In forex trading, chart patterns play an important role in helping traders time entries, manage risk, and project profit targets. ….
Bearish Flag Pattern Trading Strategy Explained
The bearish flag pattern is one of the most commonly used trend continuation patterns in technical analysis. It helps traders ….
Double Bottom Chart Pattern Trading Guide
Very few chart patterns illustrate a clear shift in market direction as effectively as the double bottom pattern. This formation ….
Understanding Fast vs. Slow Stochastics
How Stochastic Settings Reveal Market Momentum, Trend Alignment, and Entry Timing for Forex Traders Introduction — Why Forex Traders Must ….
How to Use MACD for Earlier Trade Entries: A Practical Technique for Forex Traders
Many forex traders appreciate the MACD indicator for its clarity and reliability, yet they often critique one specific aspect: its ….
Ascending Triangle Pattern Trading Guide
The ascending triangle pattern, often referred to as a rising triangle, is one of the most reliable bullish continuation patterns ….
Opening Range Breakout Strategy: A Guide for Building Bias and Managing Risk
Key Concepts Discussed in This Guide Understanding what the opening range represents in financial markets Why the opening range bias ….
Understanding Overbought and Oversold Conditions in Forex Trading
When something is “overdone” in everyday life – like food in the oven or an engine overheating – our instinctive ….
Best Professional Forex Trading Exit Strategies: How to Close Winning Trades with Discipline
Effective Exit Methods Every Forex Trader Should Master Traditional Stop/Limit Orders Based on Support and Resistance Dynamic Trailing Stops Using ….
Understanding Psychological Levels and Round Numbers in Forex Trading
In the ever-dynamic world of forex trading, certain price levels naturally capture traders’ attention. These pivotal points, often referred to ….
Top 3 Triangle Patterns Forex Traders Must Know
Triangle patterns come in three main variations and are a common sight in the forex market. These patterns provide traders ….
How to Use Trendline Support or Resistance for Effective Forex Trading Entries
When approaching any trading scenario, the first crucial step is determining the best direction to trade a currency pair for ….
Understanding Popular Moving Averages in Forex and How to Effectively Use Them
A Closer Look at Simple Moving Averages (SMA) Moving averages are among the most widely used tools in forex trading ….
NFP and Forex Fundamental Strategies: What is Non-Farm Payroll and How to Profit from It
What is the NFP? The Non-Farm Payroll (NFP) report is one of the most critical economic indicators for the U.S. ….
How to Use the Producer Price Index (PPI) in Forex Trading
The Producer Price Index (PPI) is a critical economic indicator that forex traders use to gauge inflation trends and predict ….
Understanding Quantitative Tightening: How Central Banks Control Inflation and Economic Growth
Quantitative tightening (QT) is a powerful yet often misunderstood monetary policy tool used by central banks to reduce the money ….
Mastering the Exponential Moving Average (EMA): Explained
What is Exponential Moving Average (EMA)? The Exponential Moving Average (EMA) is a refined version of the Simple Moving Average ….
Leading vs Lagging Indicators: Which One Should You Choose for Trading?
In the world of forex trading, indicators are essential tools that help traders make informed decisions about when to enter ….