Understanding candlestick patterns is one of the most valuable skills for forex traders. These patterns, derived from price action, provide insights into market sentiment, potential trend reversals ...
The shooting star candlestick pattern is characterized by a distinct shape that resembles a shooting star. It holds valuable insights into market sentiment and can signal a potential trend reversal.
A doji is a trading session where a security’s open and close prices are virtually equal. It can be used by investors to ...
Candlestick reversal patterns are some of the most exciting patterns to trade. In fact, they’ve proven to come with a high level of predictability. Patterns like the Three Line Strike and Three Black ...
Candlesticks without shadows can signal strong buyer or seller sentiment. Learn about their significance in predicting market ...
Japanese candlesticks are a popular charting technique used by many traders. Today, we are looking at the shooting star reversal pattern which is a popular Japanese candlestick formation and how to ...
I have received a lot of great feedback about this series of articles on candlestick formation. This is a neglected subject in the forex for a number of reasons. Probably the most significant reason ...
This is part three of our discussion about bond and note yields as an analytical tool for forex traders. Understanding how intermarket relationships work is only part of the answer. Using that ...