Probably you`ve seen one of the action trade positions in a narrow range when you were expecting the breakout/breakdown? From a historical point of view, it does make sense since in cases when the price is restrained by a narrow range usually there is a sharp spike (either up or down) after that. It`s a great opportunity to significantly increase the account balance, one just needs to place orders according to the direction. The ones who monitor charts for these "spikes" are acknowledged that if it begins to move there...
Traders who use Japanese candlestick charts to trade swear by this method. And there are some very good reasons for it. Candle charts provide a good amount of useful information, even without any additional tools and indicators. Today we are going to talk about types of Doji candlesticks and how to use them for profitable trading.
Reading Japanese candlesticks chart is a very big part of successful trading. Charts exist to express all the necessary information about the market - both current and past. By knowing how to read candle sticks, traders enter a new level of success, because they can recognize the signs for entry, exits and more. Today we are going to discuss the basics of candlesticks and how to read Japanese candlestick charts.
Online currency trading is a very promising field. And it is not surprising that more and more young people are looking to start trading as soon as possible. Today we are going to discuss how old do you have to be to trade Forex and what will you need to become a successful trader.
Today we offer you to learn the so-called London Hammer Forex Strategy. It is based on the following: the enhanced activity of traders at the very beginning and at the end of the London trading session provokes a surge of volatility. This trading method is pretty easy to employ due to the fact that it doesn`t require any indicators. The only thing that needs to be done is to monitor the chart to spot the hammer candlestick near support/resistance levels, right after the narrow trading range. Traders need to open buy/sell positions in the...
