In this post today, I am going to discuss with you a phenomenon which I call multiple hits candlestick pattern. If you take a look at your forex chart, you will see that there are times where the price will do multiple hits on a particular level but fail to break through it. From the…
Using Forex Candlestick Pattern To Tell The Trend
In today forex faq, we have a question from one of our fellow trader asking how to tell the trend using forex candlestick pattern. Below is the question: How to determine up trend or down trend in forex trading using candle stick pattern. Frankly speaking, I only use the forex candlestick pattern to tell whether…
Forex Candlestick and Chart Patterns
In today forex faq, we have a question regarding the forex candlestick and chart patterns from one of our fellow traders. Below is the question: Concerning forex candlestick and chart patterns on which timesframes would they be most valid? How do you estimate your target profit on a trade? Thank you Regarding your first question…
Forex Reversal Candlestick Indicator Tutorial 3 – Head and Shoulder
If you have watched my forex trading signals that is specially done for readers of this blog, you will have seen the power of the head and shoulder at work for a few times. Therefore in today forex candlestick tutorial, I shall be sharing with you my knowledge about the head and shoulder pattern so…
My Forex Candlestick Pattern Analysis
From this week onwards, I will be posting my analysis on my forex chart talking about the various candlestick patterns that I can see and how it can affects your trading. If you have been reading up on forex books or attending forex courses, you will understand how important it is for a trader to…
My Forex Candlestick Tutorial
If you are trading using the forex candlesticks chart, you definitely need to know how to read forex candlesticks as well as identifying important candlestick patterns. Therefore I am writing this post to do a quick tutorial on forex candlestick so that you know what you are seeing on the chart. Here are some important…