In today forex faq, we have a great question from one of our fellow traders. Below is the question: How do you know you when the trend has still got some more to go, or phrasing it differently, how do you know you are not too late? First of all, I must say that you…
Forex Reversal or Retracement Tips
For today Forex FAQ, I will go through with you this specific question from one of our fellow traders. This is a question that is often asked by new trader and it is also one of the questions that is in my mind when I first started trading a few years back. So let us…
Effective Engulfing Candlestick Pattern
The engulfing candlestick pattern is one of the reversal candlestick you will be learning through this candlestick tutorial. Similar to the other reversal candlestick patterns, the engulfing candlestick is only effective when you are in a trend or when the market is moving in a trend channel. So what is Engulfing Candlestick? It is made…
Forex Candlestick Continuation Pattern Tutorial 1 – Triangles
There are 2 main types of candlestick patterns that you can trade with namely reversal and continuation. Reversal patterns are used to signal a possible reverse in trend. As for continuation patterns, they are used to signal a continuation in trend after a period of consolidation. There are a lot of continuation patterns that you…