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 […]
BeanFX Forex Trading Tips
Golden 5 Mins White-Crows
Set & Forget Strategy For GBP pairs
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 […]
TRADE ENTRY POINT
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
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 […]
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 […]
EMA20-40 STRATEGY
EMA20-40 Strategy This strategy is an easy Exponential Moving Average trading strategy that traders can use on a daily basis. It combines two Meta Trader indicators to determine trade entry and exit signals. The indicators are Exponential Moving Averages EMA and Awesome Oscillator. Find below the EMA settings, also see the […]
NEW YORK BREAKOUT STRATEGY
New York Breakout Strategy The New York Breakout strategy is a simple strategy that traders use every trading day. The time considered for this strategy is exactly 16hrs after the market opens for the trading day. A demo account will be okay for practice or backtesting purposes before going live […]