To spot a probable reversal of price in the upward direction, traders use the hammer candlestick. Usually, this formation is trailed by a price upsurge and this is termed as confirmation. You can find this pattern on any span, such as daily, weekly, and single minute charts. About The Pattern It is named so as it is in the shape of a hammer. The long lower shadow and … [Read more...] about Hammer
Chart Pattern
Chart patterns are utilized by traders to simplify trade inputs. They are price action patterns on the chart that have more than average probability of movement in a specific direction. So, which amongst them occur most frequently and are well worth knowing about? There is a nauseating number of ways in which one can trade currencies, which is why there are some common ways … [Read more...] about Chart Pattern
Forex Trend Detector Review
Forex Trend Detector is a Forex EA, which combines 'the power of technology, statistical probability, and raw math’. The developers of this trading tool claim that with the help of their product, traders can obtain stable income and consistent trading results. However, with so many EAs available in the Forex market (most of them are making similar claims), how can you decide … [Read more...] about Forex Trend Detector Review
CabEx Review
Today’s review will be about a Cabex robot that was designed in 2016. Detailed Forex Robot Review They have a cool logo and package. Can the EA be that great? The robot focuses on trading only GBP/USD. Let’s talk about its features: The robot uses two indicators: Price Action and Moving Average.It looks for forming a new trend to open a trade.It doesn’t use … [Read more...] about CabEx Review
FluidTrader Review
Let’s talk about a logoless presentation of FluidTrader. We’re offered for tripling an account. It’s such a big deal, right? Detailed Forex Robot Review Usually, many scam services use these promos and attractions to capture people’s attention. It was impossible to find EA’s strategies and features. Instead of something useful for us, we have … [Read more...] about FluidTrader Review