Category Archives: Forex Basics

Support and Resistance: How To Trade Them In The Forex

Treat Support Resistance Level Understanding is the basic requirement we should have to do the thing right in every field of our lives. With our good understanding, we would be able to make good plans and precise actions. Our anticipation would be more effective too once we catch the understanding on our hands. To develop […]

Morning And Evening Star Price Action Setup

I love the morning and evening star setups, especially at the lower time frames(1H and 4H). The high and tight flag is my favorite pattern and helped me achieve a 1:18 RR for a profit of 95% a few months back. That high RR only happened because two high and tight flags formed during the […]

Forex Basics – The ABCs of Forex Trading

Forex Basics Ever wonder what all those numbers mean at your broker’s website? Don’t worry, we will explain everything in grueling detail for the very beginner. Let’s begin to learn more about forex basics. Instrument And Variable What is a currency pair? Unlike stocks, foreign exchange allows one to buy one currency in exchange for […]

Candlestick Basics Knowledge That Made Trading Easy

Forex Candlestick Basics I think every trader should back to basics again on reading and understanding forex candlestick basics strategy or candlestick patterns. Candlestick charts are a popular component of technical analysis, enabling traders to interpret price information quickly and from just a few price bars. They summarize a period’s trading action by visualizing four […]

Recognize Reversal And Retracement

Filtering Reversal Or Retracement If you can easily distinguish between retracement or reversal then it is not impossible if you can make easy profits in your trading. In a simple easily understood Reversal of Meaning = reversal (change of trend). While retracement means the temporary reversal or a temporary reversal. You could say a retracement […]

Profiting From Support and Resistance In The Forex Market

Definition Of Support Resistance The beauty of support and resistance lies in its simplicity. Its validity has been tested over and over again throughout history and remains one of the most widely used analysis tools of all time. It works because it is based on simple crowd psychology. And as much as we don’t like […]

Trading For Living With Supply Demand Trading Strategy

How To Trade With Supply And Demand Zones As we know supply and demand forex trading strategy is one best of the best trading techniques. But how read the confirmation level of break supply demand zones to decide on every trade that we make? Supply and demand are the heart of forex or any other […]

How To Trade Using Fibonacci Retracement

Fibonacci numbers were developed by Leonardo Fibonacci and it is simply a series of numbers that when you add the previous two numbers you come up with the next number in the sequence. Here is an example: 1, 2, 3, 5, 8, 13, 21, 34, 55 See how when you add 1 and 2 you […]