Three Key Price Action Elements

On By beanfxtrader

Three Key Price Action Elements The following three key price action elements are very important to price action traders. They are (1) Market structure (2) Support and Resistance and (3) Candlestick patterns. However, other factors can be put into consideration when applying price action elements into your trading style. Basically, […]

Best MA Cross Strategy

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Best MA Cross Strategy Best MA Cross Strategy is an easy-to-learn moving average strategy that will assist inexperienced traders on how to scalp quick profits when trading Forex or Indices. The Best MA cross strategy is all about taking quick or reasonable trades when some particular moving averages crosses one […]

M and W Price Patterns

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M and W Price Patterns M and W price patterns are price action patterns that traders use to make good profit when trading Forex or Volatility Index assets. The M and W price patterns is also known as Double To, Double Bottom patterns. Basically, trading Forex or Volatility Index assets […]

BeanFX Newbies’ Page

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BeanFX Newbies’ Page BeanFX Newbies page will guide new or inexperienced traders on how to trade on Meta Trader 5 application for the very first time. Many people are completely new to trading Forex and Indices. Sometimes, they ask questions like “how do you do it?” “What do you click […]

Golden 5 Mins White-Crows

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Golden 5 Mins White-Crows Strategy The Golden five minutes White-Crows Strategy is a five minutes time frame strategy. This strategy is a price action strategy that is suitable for traders that loves to scalp XAUUSD (Gold). No indicator is needed for this strategy and the best time frame is the […]

Set & Forget Strategy For GBP pairs

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Set & Forget Strategy For GBP pairs: Set and Forget Strategy for GBP pairs’ article explains a simple strategy that can be used by traders when trading GBP pairs. The time considered for this strategy is when market opens for the trading day. A demo account will be ideal for […]

Three White Soldiers

On By beanfxtrader

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 […]

TRADE ENTRY POINT

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TRADE ENTRY POINT: This article focuses on the possible points trade can be placed using indicators like Awesome Oscillator, Bollinger bands, and others. 3Lrsk2Qzmoi1w1MwHvUL5ooqUJKbKUUvUz For your Bitcoin Transactions, think LUNO … hit the link to sign up https://www.luno.com/invite/KQRSXS FUNDAMENTAL ANALYSIS/TRADING THE NEWS: Steps Required To Trade Negative Correlated Pairs Before […]

Fibonacci Strategy

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Fibonacci Strategy The Fibonacci strategy is an old strategy that helps traders to make informed trade decisions. This strategy works best when the market is trending. We have retracement levels such as 38%, 50%, and 68.1% and the extension levels such as 121%, 138.2%, and 161.8%. When the Fibonacci retracement goes beyond […]