Triangle patterns come in three main variations and are a common sight in the forex market. These patterns provide traders ….
Tag: Technical Forex
3 Ways For A Fresh Look at The Forex Price Charts
As traders, we create and settle in trading routines. They help us with building good trading practices and let us ….
Using RSI divergence like a Professional Trader
Users who have been following my weekly outlook for a while, know that I often talk about RSI divergence. It ….
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 ….
How to Use Andrews’ Pitchfork to Follow the Price Channels and Trends
The technical analysis space amidst the scope of the market trade is wrought with innumerable options to track the market ….
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 ….
How to Use Trendlines in Forex Trading for Better Market Analysis
Support and resistance levels are among the most widely utilized technical tools in the Forex market. These pivotal charting points ….
A chartbook can make or break your trading
Keeping a chartbook of trades you have taken might seem like such a random thing to do. A nice to ….
The 10 step game plan for forex trading success
Trading is the hardest way to make easy money. I love this quote. If trading was easy, everyone would be ….
Should you close trades before the weekend?
It’s Friday. TGIF! You already have a drink in your hand and ready for some weekend activities, but you still ….
Forex tick charts and why you shouldn’t use them
Once you’ve been trading for a while, you might have come across forex tick charts. The tick charts are usually ….
Guide to Forex Price Action and Trendline Analysis for Beginners
Understanding Price Action and Its Role in Forex Trading Technical analysis involves interpreting the price chart to make informed trading ….
How to Trade Double Top Pattern in Forex Trading
Mastering the double top pattern can significantly enhance a trader’s technical analysis toolbox. This versatile pattern is widely applicable, whether ….
Pennant Patterns: Mastering Bearish & Bullish Pennants
Pennant patterns are powerful continuation signals in the forex market, often leveraged by traders to anticipate potential price movements. While ….
4 take profit exit strategies to make you a better trader
Every day, you spend hours looking for the best setups. Analysing the markets, looking for price action patterns, cross-checking fundamental ….
Fighting a continuous market bias
After using a trading journal for a while, I noticed something remarkable. For one specific reversal strategy I trade, around ….
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 ….
Battle Forex FOMO, the fear of missing out
FOMO – Fear Of Missing Out. (Go straight to the 5-step battle plan) Wikipedia says that FOMO is “a pervasive ….
What is the MACD Indicator is and How it Works in Forex?
What is MACD? The Moving Average Convergence Divergence (MACD) is a technical indicator used to analyze the relationship between exponential moving ….
Using Moving Average 200 Period to Conquer Forex Market
What is a 200 Day Moving Average? The 200-day moving average (MA) is a technical indicator that helps traders identify ….
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 ….