Forex Beginner Guide
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The USDCAD has rallied as visible in this 4-hour chart (H4). This currency pair has formed a bump-and-run formation which is a bearish chart pattern as...
The Falling Three Methods pattern occurs in a bear market, where during a downtrend the market rests before resuming the trend. The bearish trends break...
Like so many moderate strength formations, candlestick analysts like to see additional confirmation. This confirmation of continued bearish trend could...
So long as the previous downtrend is an established one, candlestick analysts view this formation as a sign that the downtrend may still continue. Direction...
The bearish side by side white lines (narabi aka) candlestick pattern is one of the triple candlestick patterns (i.e. it consists of three individual...
First day we’d see a long red candle. The second day is blue day, opening below the low of the first day and closing barely into the body of the...
The Thrusting pattern starts by a continuation of the established move. Day two reflects a bullish rally that closes into the body of the previous day...
Rising Three Methods is a five candlestick bullish continuation pattern. The pattern occurs in an uptrend where the first day is a long bodied white...
Continuation patterns suggest the market will maintain an established trend. The formation of continuation candlestick patterns imply consolidation, a...
Let me tell you guys... This is a painful thread to start. But considering my trading biography I think I am morally obligated to propose this little...
The USDJPY has corrected from its horizontal resistance as visible in this D1 chart. This currency pair is now approaching its horizontal support level...
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[...] Download: signallength_eng.mq4 (7.8 Kb) Description: When the price is approaching to the Signal Lines, the indicator sends Alert. The Signal Lines can have any angle. Initially, the Signal Lines [...]
[...] (2.3 Kb) Description: It's convenient for visual observation of MACD on the price chart. The signal lines has been added. The standard MACD has one line, here we can use two. Source: Mql4.com [...]
[...] Buy EURUSD @ 1.3130-3100. Target: 1.3200 ++ Stop Loss: - Good Luck and Happy Trading! [...]
[...] Buy EURUSD @ 1.3050-3065. Target 1: 1.3105 Target 2: 1.3155 Stop Loss: 1.3026 Good Luck and Happy Trading! [...]
[...] Buy EURUSD @ 1.3145-3172. Target 1: 1.3270 Target 2: 1.3320 Target 3: 1.3370 Stop Loss: 1.3100 Good Luck [...]
[...] Buy AUDUSD @ 1.0186-0150. Target: 1.0250 ++ Stop Loss: - Good Luck and Happy Trading! [...]
[...] Buy AUDUSD @ 1.0470-0505. Target 1: 1.0560 Target 2: 1.0590 Stop Loss: 1.0445 Good Luck and Happy Trading! [...]
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[...] patterns imply consolidation, a time to rest and watch. Direction: Bullish Type: Continuation Reliability: Weak Three blue days occur in a row continuing an established bull trend. Each day [...]
[...] the previous day, but is not able to trade above the midpoint. Direction: Bearish Type: Continuation Reliability: Weak In an established downtrend, day-one of the pattern is a long red candle [...]
[...] first day and closing barely into the body of the first day. Direction : Bearish Type : Continuation Reliability : Moderate In Neck On Neck In non-FX markets the In Neck starts with the red [...]
[...] this formation as a sign that the downtrend may still continue. Direction: Bearish Type: Continuation Reliability: Weak After an established downtrend three long red days in a row continue this move, [...]
[...] the signals. Uses CG's period = Oscillator's CutOff/2. Filtering the signals using an adaptive indicator (like Adaptive CyberCycle or Adaptive CG) seems to be a great idea, but the fact is that an [...]
[...] , candlestick analysts like to see additional confirmation. This confirmation of continued bearish trend could come in the form of another red candle upon day four. Direction: Bearish Type: [...]
[...] Falling Three Methods is confirmed where a red candle dives down to new lows reinstituting the bearish trend. Number of Middle Candles – In a picture perfect formation the middle candles number [...]
[...] Name: GG-TimeBox Download: GG-TimeBox.mq4 (5.0 Kb) Description: Timeframe indicator. Customizable timeboxes on any chart. Some examples: Source: Mql4.com [...]
[...] Download: signallength_eng.mq4 (7.8 Kb) Description: When the price is approaching to the Signal Lines, the indicator sends Alert. The Signal Lines can have any angle. Initially, the Signal Lines [...]
[...] (2.3 Kb) Description: It's convenient for visual observation of MACD on the price chart. The signal lines has been added. The standard MACD has one line, here we can use two. Source: Mql4.com [...]
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