Trendline Breakout Strategy TBS This strategy is a fantastic strategy that is commonly used in forex trading by experienced traders. Trendlines are lines drawn to connect two or more price wave turning points on a chart especially when a trend is formed. It is an important tool for Forex technical analysis […]
Harmonic Patterns
Harmonic Patterns Harmonic patterns play a crucial role in technical analysis as they help predict future price movements, making them an effective trading strategy that leverages Fibonacci retracement and extension ratios. However, the Fibonacci ratios for the analysis and measurement of Harmonic patterns are 0.382, 0.50, 0.786, 0.886, 1.27, 1.41, […]
Introducing the Pips-Beantrapper Indicator!
Pips-Beantrapper Signal The Pips-Beantrapper is a combination of signals from two Meta Trader indicators. The indicators are Stochastic Oscillator and Awesome Oscillator. The above indicators signal are combined with the position of the currency pair candle bar to the 5 Linear Weighted Moving Average. Check Out Support and Resistance LONDON […]
Achievable End Of Year Target For Newbies
How To Setup A Demo Trading Account – Strictly For Beginners!
Introducing The Beandicator Signal!
Beandicator Signal The Beandicator Signal is a combination of signals from five Meta Trader indicators. The indicators are Stochastic Oscillator, Accelerator Oscillator, Awesome Oscillator, MACD, and Average Directional Movement Index. The above indicators signal are combined with the position of currency pair price to the 50 simple moving average. Check […]
Support And Resistance
Support And Resistance Support and Resistance in Forex trading are levels where price is expected to reverse or bounce. They are simply “price turning point” levels. The support (demand) and resistance (supply) levels are areas where price is rejected once or in multiple times. Identification of support and resistance forms part […]
