You know what’s probably the most awesome price action pattern you haven’t heard about yet? Enter: The Railroad Tracks pattern. A lot of traders overlook this pattern, preferring more famous ones, but the railroad tracks pattern is a simple one that often pops up in the forex market. When it does, it’s a strong sign …
How To Trade The Railroad Tracks Pattern Strategy In Forex Read More »
Ever wondered how traders in the 18th century managed to forecast price movement without modern technology? Enter: Candlestick patterns! These simple patterns, like the Hammer, Shooting Star, and Doji, can reveal market psychology and provide glimpses into future price movement. With a gigantic list of patterns to recall, however, keeping track of each one can …
Top 22 High Probability Candlestick Patterns Cheat Sheet Read More »
Having a detailed knowledge of candlesticks and what they signal is one of the key requirements for successful trading. Candlesticks come in all kinds of crazy shapes and formations… pin bars, engulfing candles, inside bars, to name just a few. Most traders are familiar with these patterns, but there’s another candle that always gets overlooked: …
How To Read Spinning Top Candlesticks: The Ultimate Guide Read More »
Today’s guide is a really important one because I’m going to teach you how to navigate and deal with the most difficult market condition in all of forex… Consolidations! Along with trends, consolidations are one of the three key market phases you need to navigate in forex… and by far the trickiest. A single consolidation …
The Ultimate Guide To Understanding Consolidations Read More »
If there’s one tool that doesn’t get enough love in forex, it’s fibonacci extensions. Compared to their big brother – the ever-popular retracements – extensions rarely get a mention by most traders. In fact, outside of hardcore fib users, you’d be hard-pressed to find anyone who even knows what extensions are, let alone how to …
Fibonacci Extensions: The Definitive Guide For Beginners Read More »
