Traders Blog - Analysis, Strategies, News and more
Using Bullish Engulfing Pattern to Predict Price Reversals
Welcome to the world of trading!Every chart tells a story and every pattern can potentially unlock the door to profit. Trading doesn't have to be a mystifying venture filled with confusion and uncertainty. We're here to break down this powerful...
GBPUSD - correction or a reversal?
So, the GBPUSD currency pair has been on a bit of a downward slide, but here`s the twist – there`s a chance it might bounce back up in the short term.You see, the market isn`t really expecting the US or UK central banks to raise interest rates anytim...
Support Resistance Trading Strategy And Common Mistakes
Before we start we would like to talk a little about the most common mistakes made when it comes to trading around support and resistance. There are only three so it’s going to be quick. Having support or resistance on the chart as just a line -...
Shooting Star Or Hammer Candlestick Pattern Trading Strategy
Whenever we are looking at strategies the first thing we have to understand is as a beginner it is great to understand technical analysis, candlesticks and their patterns, but it’s not enough for profitable trading. In order to get profits you w...
Price Action Patterns
Price action patterns are identifiable patterns we can see on the chart and can help us to determine if the market is likely to reverse, it can also help us to determine where to enter trades or where we should be exiting trades we are already in.&nb...