HI EVERYONE. - THE ABOVE PATTERNS ARE THE COMMON "TREND CONTINUATION PATTERNS" - THEY USUALLY FORM AFTER AN IMPULSE - THESE CORRECTIONS ALLOW US TO GET INTO THE MARKET TO CATCH THE NEXT IMPULSE - IDENTIFYING AND UNDERSTANDING THESE PATTERNS GIVE US AN EDGE TO TRADE SUCCESSFULLY - IF YOU WANT TO UNDERSTAND MORE ABOUT THESE PATTERNS, REFER TO A BOOK CALLED...
Hi everyone. Watch the price action on AUDUSD for reversal signs to downside.
We have EURUSD at the top with a nice reversal channel forming on H4 timeframe. Watch the top for price action for entry.
HI EVERYONE. I HOPE YOU ARE ALL ENJOYING YOUR WEEK SO FAR. HERE I HAVE PREPARED AN EDUCATIONAL POST ON MY TRADING CONCEPT. THE WAY I TRADE IS PRETTY SIMPLE. I LOOK FOR IMPULSE AND CORRECTION ON A CHART AND PLACE A TRADE BASE ON THOSE INFORMATION. IMPULSE: IT IS A SERIES OF LONG CANDLES WITH STRONG IMPULSIVE MOVE AND THEY ARE USUALLY VERY FAST. CORRECTION: ...
Hi everyone. I just wanted to share little bit of my knowledge and learning in the forex market with you all so you can benefit from it too. I started learning trading 3 year ago. Fundamentals and News trading were what I started with. As a news trader you need to watch the market news on fundamentals (such as central bank decision makings on bank interest rates)...
We had a nice impulse on H4 TF. And now the flag formation is about to complete soon. Watch lower TF for PA to enter the market.
Price had a nice impulse on H4 TF. Looking to add to the sell upon trend continuation pattern formation. If price reverses to the top then look to sell from the top again.
I am anticipating reversal on gold to downside soon. Watch lower timeframe for reversal pattern and impulse.
Price is within the daily corrective pattern. Watch the bottom for a possible buy setup, one more up move is possible.
I am short on this pair. If it does not breakdown then look for sell from the top again. I am bearish on all other JPY pairs too.
We had an impulse on H4 TF, now looking for the current flag formation to be completed to enter the market.