Forex Trading Glossary – T Tasuki Gap – Upside and Downside (Candlestick Continuation Pattern) In a bearish Tasuki Gap the market develops in a downtrend in which two long black days develop in succession. The second...
8 Forex Trading Tips for a Lower Volatility Market It seems it has been eons ago the forex market was characterized by higher volatility, with average daily ranges exceeding 1% of the spot price more the norm...
How to Use Leading Indicators (Oscillators) to Identify Trend Reversals “The End is Near!” is not just a saying for someone on the street who wants you to believe that the end of the world is upon...
Introduction to Elliott Wave Theory Elliott Wave Theory was developed by Ralph Nelson Elliott — a professional accountant who went to work trying to figure out the stock market back in his time (1920s-1930s). He reviewed approximately...
Regular divergence is used by traders to identify signs of a possible trend reversal. You will note that you can have either a bullish or bearish divergence, and you should be adept at spotting either one. ...
How frustrating is it to see the price of a pair that you were trading continue to rise and rise until the very moment when you are ready to enter the trade, only to see it then...
Fibonacci Retracements are NOT Flawless — They Break Did you truly believe that there was any single variable in the world of trading that would provide you with everything that you needed to invest perfectly every time?...
Trend Channels in Forex We can create trend channels in forex by drawing two lines at a similar angle and parallel as a downtrend or uptrend. Trend channels are another technical analysis tool that can fnd good...
Moving averages are uniquely powerful in all that they can do. They provide certain information to traders that other indicators and other pieces of news simply do not. That being said, they are not without their flaws....
The moving average is often used to determine when to get into a trade based on when the trend is about to reverse from the way that it has been going. This may be the ideal moment...
Using Indicators to identify Trends Of the many market sayings thrown around by traders, perhaps none is more overused and less understood than the old adage ‘the trend is your friend’. All too often, the...