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...
Newsquawk.com Week Ahead 7th-12th July: Economic Data Calendar SUN: French Election (second round) MON: CNB Minutes (June), Eurogroup Informal meeting of Competitiveness Ministers; Japanese Overtime Pay (May), German Trade Data (May), EZ Sentix Index (July), BoI Announcement,...
The 3 Fundamental Rules of the Elliott Wave Theory Elliott Wave Theory relies on people being able to identify waves in the charts. There is no surprise there. However, there are three immutable rules that you must...
Elliot Waves are fractals. This means that each wave is made up of self-similar sub-waves that also have some relevance in the market. In other words, the same 1-2-3-4-5-a-b-c pattern that makes up the basic Elliott Wave...
INTRODUCTION You want to be a trader. You have your entire investment station set up, and you are ready to go. You are just begging someone to hold you back from joining the wild world of trading....
What does the market feel on a given day? Well, the market is not an actual being in and of itself, but it is made up of a collection of traders who are all working to try...
No matter how long you’ve been trading, it’s important to monitor your performance so that you can identify both your strengths and weaknesses. To help you track your progress, we’ve compiled a list of fourteen key statistics...
If we all always knew when the appropriate moment to take profit on a trade was, then there would be a lot less chaos in the markets. We would all be armed with the precise knowledge that...
I was asked the following question, I have seen you use the term “liquidating market” and my question is how do you define it and how do you trade it? What is a liquidating market? A liquidating...
Head and Shoulders is great, not just as a shampoo option, but also as a chart pattern to pay attention to. If younotice a head and shoulders formation coming into being on your charts, you should take the...
Chart patterns may be one of the more useful tools that you can bring to your Forex trading experience. They are undoubtedly going to show up during the trading day. If you recognize these patterns or not...