Forex Gap Trading Strategy Explained
A gap is a blank space that occurs on a chart after a price has moved sharply up or down. If major news is released after the exchange has already closed, you’ll probably see...
Important Tips for Day Traders
When I started as a trader, my goal was to have a stable, predictable income. I had tested plenty of trading methods and styles. Then I realized that I had to do something to...
Gartley Butterfly Pattern Explained
Non-indicator analysis of Forex is guided by only one judgment: traders will behave equally under equal conditions. This regularity is easily confirmed if we look at the chart history. You can see that the...
Rectangle Chart Pattern Explained
Forex rectangle is a pattern which is formed on a chart when the price is between parallel (horizontal) levels of support and resistance.
This pattern shows the period of market consolidation and indecision of both...
How to Use Flag and Pennant Patterns Properly
The flag pattern is one of the most noteworthy trading patterns when talking about the tools which are used in technical analysis. It predicts the continuation of the existing market trend, most often occurring...
The Mystery of the Gann Square of Nine Tool
This article is looking at the trading methods developed by W.D. Gann, a trader with an extraordinary personality. He designed a new approach to predicting market behavior using several disciplines, including geometry, astrology, astronomy,...
How to Trade Consolidation on The Forex Market
I am sure that you have already heard the term “consolidation” in the Forex market. Probably most if you do not fully understand what it stands for and how to treat it on the...
False Breakout – How to Trade “Fakey”?
Are you familiar with any situation in which you start trading and the price immediately starts to act against you despite your confidence in a good entry? And what about the situation in which...
How to Trade London Breakout – GBP/USD Forex Trading Strategy
The term “London Breakout” refers to a whole class of strategies that benefit from sudden spikes in the trading volume on GBP/USD pair during the first few hours of the London trading session.
Before reading...
How to Apply Elliott Theory To The Market
Long ago in one America far from here Ralph Elliott lived. He was budy analyzing the market on the long winter evenings and eventually developed the concept of the fractal nature of the market....
