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Started Apr 22, 2013|Trading Journals|588 replies
Forex Trading is full of hype,unrealistic claims,pro-wannabes and marketing sharks who haven't ...
Forex Trading is full of hype,unrealistic claims,pro-wannabes and marketing sharks who haven't ...
closed with +89 pips nice move
lets search for another trade
I am just a trader not a vendor lets trade shall we gbpusd m30
Bilateral Bilateral chart patterns are a bit more tricky because these signal that the price can move either way. Huh, what kind of a signal is that?! This is where triangle formations fall in. Remember when we discussed that the price could break ...
image image image To trade these patterns, simply place an order above or below the formation (following the direction of the ongoing trend, of course). Then go for a target that's at least the size of the chart pattern for wedges and ...
Continuation Continuation patterns are those chart formations that signal that the ongoing trend will resume. Usually, these are also known as consolidation patterns because they show how buyers or sellers take a quick break before moving further in ...
image image image To trade these chart patterns, simply place an order beyond the neckline and in the direction of the new trend. Then go for a target that's almost the same as the height of the formation. For instance, if you see a double ...
How to Trade Chart Patterns That's a whole lot of chart patterns we just taught you right there. We're pretty tired so it's time for us to take off and leave it to you from here... Just playin'! We ain't leaving you till you're ready! In this ...
Descending Triangle As you probably guessed, descending triangles are the exact opposite of ascending triangles (we knew you were smart!). In descending triangles, there is a string of lower highs which forms the upper line. The lower line is a ...