Using Support/Resistance Lines in Trend Trading
Jan 16, 2017
The first step in trend trading is spotting key support and resistances. This post looks at trend trading with support, resistance and confluence lines.
Trend Reversals using Double Top/Bottom Chart Patterns
Jan 13, 2017
Trend reversals are often led by double top or double bottom chart patterns. If the reversal fails it can lead to a double top/bottom breakout.
Trading Strategy for the Falling Wedge Pattern
Jan 10, 2017
When a falling wedge pattern appears in a forex chart it hints at bullish sentiment. Like the rising wedge, this pattern is quite common at all time scales.
Techniques for Trading Symmetrical Triangle Breakouts
Jan 2, 2017
Of the triangular patterns found in forex charts, the symmetrical triangle is possibly the most confusing and also the most difficult to trade. But how useful is this chart pattern in practice?
Trade Setups for Rising Wedge Chart Patterns
Dec 22, 2016
Rising wedge patterns are extremely common in forex charts and they can be useful at any timeframe. This post explains trade setups for bearish breakouts.
Descending Triangles and How to Trade Them
Dec 19, 2016
A descending triangle happens when a currency pair in a downtrend attempts to reverse and makes successively lower highs.
Flag Patterns and What They Mean
Dec 13, 2016
The flag pattern is closely related to the pennant. It’s a continuation pattern that tends to indicate that a trend is pausing rather than reversing.
Trading Pennant Chart Patterns
Dec 12, 2016
Pennants are usually a reliable indication that a trend is set for a new leg. In other words they serve as good continuation signals.
Ascending Triangle – Trading Bullish Breakouts
Dec 5, 2016
Ascending triangle patterns are useful for trading bullish trends, on the long side. These are good for short to medium time frames.
Simple Ways to Trade Triangle Chart Patterns
Nov 29, 2016
Triangles mark price consolidation. In this article I'll show simple methods to trade them by predicting whether a trend will continue or reverse.
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