Belt Hold Patterns
Apr 23, 2018
Belt holds are a useful class of chart pattern because they highlight areas where market sentiment may be changing. As the name suggests, the...
Multiple Timeframe Trade Analysis – Why it is Necessary
Apr 2, 2018
It’s not uncommon for traders to become accustomed to using charts at just one particular timeframe. Perhaps it’s the one that’s proven most profitable...
Working with Renko Charts: Trends, Channels, Supports and Resistance
Mar 26, 2018
In renko charts, price movements are reduced to a few simple patterns and that makes them effective at locating trends, reversals, supports and resistances.
Renko Charts Explained: How they Work and What they Are Used For
Mar 19, 2018
Renko charts are a great way to analyze the market from a completely different perspective. If you like to cut to the chase and look at raw price action, then renko charts certainly are worth the time needed to learn them.
The Inverted Hammer and Its Reliability in Currency Charts
Feb 26, 2018
While the hammer and inverted hammer are conventionally treated as bullish, nonetheless contrarian traders will sometimes use them as bearish flags.
The Bearish Shooting Star
Feb 19, 2018
In major currency pairs, the shooting star is shown to be reliable at predicting the immediate period ahead, but it is less reliable in forecasting longer term changes in trend.
Hammer Candlestick Patterns and How to Recognize Them
Feb 12, 2018
A hammer is one of the more important reversal patterns. It is treated as a bullish reversal, but only when it appears under certain conditions.
The “Hanging Man” Candlestick Pattern Explained
Jan 29, 2018
The hanging man is Japanese candlestick pattern that appears in uptrends. It can in some circumstances be a sign that a trend is about...
Momentum Trading Strategies with the Aroon Indicator
Jan 22, 2018
The Aroon is a trending indicator that’s long been used for momentum trading strategies. It’s especially good at locating places where a market is...
How to Use the Zig Zag Indicator to Locate Trends and Waves
Jan 15, 2018
The power of the zig zag indicator is in its ability to cut through market noise and locate chart turning points. These are where trends are turning from one direction to another.
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