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Identify the three main groups of graph patterns
So far, we have taught you many graphic patterns. In this lesson we will discuss a little more about how…
How to trade ascending and descending flags?
Like rectangles, flags are continuous graphic patterns that form after strong movements. After a big upward or downward movement, buyers…
What is PivotPoint in Forex?
What is Pivot Point? Professional Forex traders and market makers use pivot points to identify potential support and resistance levels.…
How to trade a corner or wedge pattern?
In the corner pattern, the two trend lines converge towards each other. This means that the rate of price volatility…
How to trade a triangular chart pattern?
In the triangle pattern, the price moves in a narrower and narrower range over time, providing a picture of a…
How to trade twin floor pattern and twin ceiling pattern?
When the graphic pattern of the twin roof or twin floor appears, it means that the trend has started to…
How to use the rectangular pattern for the transaction?
A rectangle is a graphic pattern that is formed when the price is besieged at parallel support and resistance levels.…
Lesson Summary: Leading and regressive indicators
Technical indicators are an important part of many forex trading tools and technical analysis. We reviewed two types of indicators…
What is the head and shoulders pattern and how can it make the deal profitable?
The head and shoulder pattern is a reverse graphic pattern and is most often seen in uptrends. Heads and shoulders are…
What is an Oscillator? How to use the oscillator at the end of the process
What is an Oscillator? An oscillator is anything or data that oscillates or moves between two points up and down. In…