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How to Trade the Hammer and Shooting Star Patterns?

Price action traders consider the hammer and shooting star patterns as the most profitable price action patterns. For that reason, in this post, we’ll discuss how to identify those patterns and trade them profitably without messing up your chart with indicators. The hammer pattern The hammer pattern, also known as the bullish pin bar, is

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How to trade the engulfing candlestick pattern

Think of candlestick patterns as the language of the market and the engulfing pattern as one of the most forceful command words in the language. You can’t afford to trade the markets without understanding the language, especially the important words like the engulfing pattern. What is the engulfing candlestick pattern? The engulfing candlestick pattern is

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price-action-trading

What is price action in trading?

Traders have different ways of analyzing the markets to find trading opportunities. Some make use of fundamental analysis, which is the study of economic variables and other factors that may affect the intrinsic value of the security, but many of us focus on technical analysis and simply analyze the historical price action to know when

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forex-trading-tips

5 best trading tips for beginners

Forex trading provides some of the most exciting opportunities to individuals globally. Due to the liquidity of the market, forex traders can benefit from tight spreads. Despite this, forex has caused huge losses to many inexperienced and undisciplined traders. To become a successful forex trader, you have to sharpen your skills through discipline and practice.

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What are the different types of technical trading indicators ?

If you have ever traded forex, I am sure that you know at least one technical indicator. Any trader who uses forex charts when trading knows that there are different technical indicators that are available. There are those indicators that traders like to use, such as Stochastics, RSI, Moving averages, and others you might not

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is trading-breakout-profitable

Is Breakout Trading Profitable ?

Breakout trading is a common trading technique in all financial markets and breakout traders make a significant portion of all forex traders. This trading technique has existed for a long period of time and it is taught in many books as well as online. However, you will find many myths online about this trading strategy,

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Learn Advanced Price Action Strategies & High Probability Trade Entry Signals That Work