Technical analysis in the foreign exchange market is based on the theory that market history, the movement of currency charts is constantly repeated, which means the repetition of events of the same type that have already occurred in the past. A pattern is a graphic drawing that makes it possible to predict the future movement of quotes. In this article we will analyze the most … [Read more...] about How to use Forex Chart Patterns
Charts
How to Choose the Best Forex Charting Software
The foreign exchange market, called forex, is one of the most extensive and liquid globally. Millions of traders put their capital in the market, hoping to earn a profit. However, the depth of the market and complexities require that the trader becomes familiar with specific items like charts. Notably, the significance of charts is inestimable because of the extent they go to … [Read more...] about How to Choose the Best Forex Charting Software
Candlestick Cheat Sheet
Candlestick cheat sheets are powerful tools to improve your trading skills and to be more efficient when identifying candlestick patterns in the Forex market. I am pretty sure you always wanted to know how to trade forex with candlesticks, but how many figures or candles do you have to memorize? As experience comes with time, memory too. You are going to know all candlestick … [Read more...] about Candlestick Cheat Sheet
Best Strategies with Candlestick Patterns
Candlesticks are the most popular chart in the Forex industry, but it comes with much responsibility. Candlesticks chart are indeed easy to use, but at the same time, it provides useful information and many signals depending on the type of candles we are dealing in the graphs. Be ready to discover some of the most popular and best strategies with candlestick charts. Also, … [Read more...] about Best Strategies with Candlestick Patterns
Candlestick Charts: Basics and principles
When it comes to talking about Forex trading, the type of chart that you use plays a vital role in your investment history. Either you are a short-term trader, or scalper or even a lone wolf who left his or her positions mature enough, the type of forex chart will help you in your career. Today, we will talk about candlestick charts and how it will make your trading life … [Read more...] about Candlestick Charts: Basics and principles
