Three White Soldiers

Three White Soldiers: The three white soldiers candlestick pattern is one of the bullish patterns that can be used either as a bullish reversal signal or bullish impulsive price continuation confirmation. The three White Soldiers’ candlestick formation consists of three bullish candles with each candle closing higher than the previous candle. These […]

FLAG PATTERNS

Flag Patterns Flag patterns are trend continuation patterns traders use for technical analysis and future price movement prediction. They are created mostly when the market price is ranging or in consolidation mode. Flags signify the continuation of the immediate market trend. However, we have two types of flag patterns and […]

Just Another Forex Trading Story

Just Another Forex Trading Story: Basically, a trader was once a beginner at some point in his/her trading life. ‘Forex trading is risky, it is like gambling’ are the words one is likely to hear from someone who does not know anything about this business. However, Forex trading story does […]

Trendline Breakout Strategy

Trendline Breakout Strategy TBS This strategy is a fantastic strategy that is commonly used in forex trading by experienced traders. Trendlines are lines drawn to connect two or more price wave turning points on a chart especially when a trend is formed. It is an important tool for Forex technical analysis […]

Introducing the Pips-Beantrapper Indicator!

Pips-Beantrapper Signal The Pips-Beantrapper is a combination of signals from two Meta Trader indicators. The indicators are Stochastic Oscillator and Awesome Oscillator. The above indicators signal are combined with the position of the currency pair candle bar to the 5 Linear Weighted Moving Average.     Check Out Support and Resistance LONDON […]

How To Setup A Demo Trading Account – Strictly For Beginners!

How To Setup A Demo Account Recently, many people have asked me to teach them how to trade in the Forex market. However, one cannot trade Forex without having a forex trading account: which can either be a demo (demonstration) account or live/real account. This article will show you images of […]

Introducing The Beandicator Signal!

Beandicator Signal The Beandicator Signal is a combination of signals from five Meta Trader indicators. The indicators are Stochastic Oscillator, Accelerator Oscillator, Awesome Oscillator, MACD, and Average Directional Movement Index. The above indicators signal are combined with the position of currency pair price to the 50 simple moving average.   Check Out […]

Support And Resistance

Support And Resistance Support and Resistance in Forex trading are levels where price is expected to reverse or bounce. They are simply “price turning point” levels. The support (demand) and resistance (supply) levels are areas where price is rejected once or in multiple times. Identification of support and resistance forms part […]

ELLIOTT WAVE PRINCIPLE

Elliott Wave Principle The Elliott wave principle, was discovered by Ralph Nelson Elliott and it is a technical analysis tool of Forex price movement that is based on sentiment of market participants. The Elliott wave principle works perfectly with price trends with respect to highs and lows of price, resistance, […]

LONDON BREAKOUT STRATEGY FOR GBP PAIRS

London Breakout Strategy The London Breakout strategy is a fascinating strategy that British Pound traders use every day. The time considered for this strategy is exactly 8hrs after the market opens for the trading day. A demo account will be ideal for practice purposes before using a live/real account. One […]