How to Use Heikin Ashi Charts The prime concept behind the Heikin Ashi chart is that it is intended to filter out market noise. When you look at this chart, you ought to be able to get...
Weekly Charts 28.07. – 02.08. EURUSD Weekly Chart Resistances at : 1.08600 , 1.09500 & 1.09700 Supports at : 1.08350 , 1.08050 & 1.07450 Major Support comes at 1.06800 Major Resistance at : 1.09700 Pattern...
WEEKLY CHARTS July 28th-August 4th USDJPY Daily Chart The retreat from 161.93 has seen broad unwinding of short JPY position before a pause on Friday. Watch AUDJPY, which has been a leader. 151.84 tested (double...
How to Calculate Heikin Ashi A new trader may look at the Heikin Ashi chart and think that it looks just like the candlesticks that one will see on a regular chart, but they are NOT...
What Currencies Should a Trader Focus on in a Low Volatility Market The following is a discussion in the Global View Trading Club Trading Academy Q&A. It highlights the strength of the club, how it is , not...
Weekly Charts – 22.07 – 26.07. EURUSD Weekly Supports at : 1.08750 , 1.08300 , 1.07650 & 1.06700 Resistances at : 1.09300 , 1.09500 & 1.09750 So Playing field is between 1.06700 & 1.09750 – is this...
The 6 Primary Triple Candlestick Patterns As you learn certain signals in Forex trading, it is important to identify them quickly so that you can respond accordingly. While a dual candlestick pattern is great, a triple...
4 Main Dual Candlestick Patterns in Trading Bullish Engulfing Patterns A bullish engulfing candle is a pattern that can signal an upcoming upwards movement. It comes into play after a time of downward movement. The bullish...
Basic Japanese Candlestick Patterns Patterns naturally emerge in the course of trading Forex. It is part of how the market operates, and you are wise to take note of the movements that come up regularly as...
Prop Trading and the Dreaded “Relative Drawdown” One of the biggest reasons traders fail prop firm evaluations is not understanding how relative drawdowns and high-water marks work. They don’t realize they could be a profitable trader and...
Currencies vs. Commodities: What’s The Difference? Pexels. CCO Licensed. Currencies and commodities refer to two different things. Each has its own purpose and its own source. However, there can be an overlap between the two, which can make...