In this blog post, we will delve into a crucial yet often overlooked topic in trading : trading with confluence. Mastering this concept can make a significant difference in your trading
In this blog post, I will show you how to draw supply and demand zones using pin bars as your reference candlesticks.
A pin bar is a one-price bar, typically a
Scientists have found that there is a natural tendency of the collective human decision-making to follow a unique pattern, which corresponds to the 61.8% ratio.
This ratio, often referred to as
When starting any business, you have to know everything about it; otherwise, you will never succeed in it. The same thing applies to trading the financial markets: if you have no
In this blog post, I will show you how to find supply and demand zones and how to trade them successfully.
To find supply and demand zones in the market, you
The second method traders use to trade the double top chart pattern is the pullback trading entry method.So, what is the pullback trading entry method?This entry method implies waiting for
The double top chart pattern is a bearish reversal pattern typically found on bar charts, line charts, and candlestick charts.
As its name implies, the pattern is made up of two
In this blog post, I will show you a trade example so you can see how to use bank breakout traps properly to maximize your profits.
This strategy is simple, easy,
One of the most effective ways to identify a turning point in the market is to use divergence signals.
Divergence signals can help you identify whether the market is likely to
To become a successful trader, you need to accept the fact that the market is full of traps.
Unfortunately, that is the nature of financial markets. Banks and financial institutions make
As a trader, you should be familiar with one of the most popular theories in technical analysis — the Wyckoff Price Cycle Theory. This type of market analysis will help
In this blog post , you will learn how the market moves, and how you can find high probability setups during up-trending and down-trending markets .
In fact , there are
Moving averages are one of the most common indicators traders use to analyze the market.There are different trading strategies you can create with the moving average indicator, but in this
Trend lines are one of the most basic yet very useful tools in analyzing the market. You not only use it to delineate the general direction of the trend but
Trend lines are one of the most versatile tools you can use in your technical analysis.
It doesn’t matter your style of trading — day trading, swing trading, or even position
We discussed the criteria for identifying key support and resistance levels in a previous post about support and resistance.In this post, we will take a look at more examples to
How to Draw Support and Resistance LevelsIn two previous posts, I taught you what support and resistance levels are and how to spot them on a price chart. I enumerated
Support and resistance levels are levels on your price chart where the price had reversed in the past and can potentially reverse again in the future.
Since the price tends to
Trading support and resistance breakouts is a method that attracts the attention of many forex traders.
It’s a great way of earning quick profits if you grasp it right.
However, it is
The breakout strategy has seen many people become successful forex traders.
This means that it’s a technique worth mastering as a forex trader.
Traders use it to enter the market during the
When trading forex, knowing how to identify a trend is very crucial.
The market is said to be trending when it is moving predominantly in one direction.
The market can trend either
As a forex trader, you must know how to trade using the trend following strategy.
The market will always trend, either upwards, downwards, or sideways.
Taking advantage of these trends is one
Fibonacci is popularly used in trading as a tool for measuring the size of a price move.
Traders use it to identify the levels where they should place the horizontal support
Fibonacci retracement levels are a true reflection of the market psychology.
There will be times when the market will make a pullback to correct a downtrend or uptrend before it continues.
There
The purpose of each technical indicator in forex is to help traders make better trading decisions.
The use of technical indicators can mark the difference between success and failure when running