Japanese Candlestick Basics.Learn the secret of Japanese candles
Here we will not only answer the question of whether Japanese candles work and what they mean, but we will give you real-time examples. History and essence of Japanese candlesticks Japanese candles have been used in commercial practice for more than 100 years. This chart was the first, then the bar chart and the line chart were added, but we'll talk about them in another article. The most important thing [...]
How to trade support and resistance. 2 real time signals
How to properly trade bounce off support and resistance? When it is a good time to open a position when not. After we got acquainted in detail what support and resistance are - we looked at a few examples of where and how they are formed - why they are so important. - how we can determine our take profit when using it. - where and how resistance becomes support [...]
Trend channels in forex.Top 3 trend channels and how to trade them?
In this lesson we will look at the following: What is a trend channel, how it works, and how to trade trend channels? How to draw trend channels. What are the different types of trend channels? How to analyze the market with trend channels. Trend channels are one of the most commonly used tools in technical analysis. They are used successfully by many forex traders but before you start using [...]
How to Trade Support and Resistance.Top 2 ways to trade them.
We looked at what support and resistance are now it's time to see how to trade them? The time has come to apply what we have learned so far in the previous article. There is no way we can say that support and resistance are more important than divergences or certain indicators. We need to understand that there is no such thing as the most important thing in trading and [...]
What is support and resistance in forex?
To your question what is support and resistance, we can answer as follows. Support and resistance in forex is one of the most used techniques. This is because it is one of the most powerful tools to use in trading. Before we move on to the basics, you need to understand that everyone has their own idea of where and how resistance and support was formed. Strange as it may [...]
Trend lines, how to draw them correctly.Top 3 best methods
Trend lines are one of the most common and used techniques in technical analysis in forex trading. We must first answer the question: what are the trend lines, and how can we use them in forex trading? Trend lines can be used both to determine the trend and to identify important trading areas. If we draw them correctly, on the tops and bottoms, we can understand whether a certain tool [...]
Will Christine Lagarde suppress the euro?
Will Lagarde oppose the rising euro exchange rate and what will be the bank's forecasts for growth and inflation? Christine Lagarde should have been following closely the recent rise in the euro exchange rate. Since the beginning of June, the common European currency has appreciated by about six percent against the US dollar. This is a problem for the central bank: On the one hand, the strength of the euro [...]
Trading Gold Using Triangle Formation
Trading gold as per triangle formation. Take a look at our charts and find how to trade this forex chart formation. As we can see from the picture, we are looking at the chart of the gold. What we can see is that in the first place we have an uptrend. We have said more than once, the most reliable positions are the one following the trend. Trading Gold Using [...]
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