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Bullish Upside Tasuki Gap — Candlestick Pattern

In this video, you will learn about the bullish upside tasuki gap candlestick pattern. This is a bullish continuation pattern. It is the opposite of the bearish downside tasuki gap. The first candlestick is a bullish candlestick. It is followed by a bullish candlestick gapping higher on open. It is then followed by a bearish candlestick failing to fill the gap. This is perceived as weakness from bears, bulls once again […]

Profitable Forex Trading Strategy: How to Trade Trendline Breakouts

In this video, you will learn a forex trading strategy using trendline breakouts. You need a trending condition for this strategy to work. It will not work in range bound situations. First, you need to be able to identify an existing trend. You can do this by drawing a trendline or a channel. You can two connect lower highs in a downtrend and draw a trendline. At some point, the price no longer respects […]

What Is the Best Time to Trade Forex? | 3 Major Market Sessions

After watching this video, you will have a clear understanding about major forex trading sessions. You will learn when is the best time to enter a trade in forex trading. During a certain period within a day, the market experiences more volume. The three major sessions are the London, the US, and the Asian session. The London session experiences the most volatility in the market. As you can see, the Asian session does not […]

Bearish Downside Tasuki Gap — Candlestick Pattern

In this video, you will learn about the bearish downside tasuki gap candlestick pattern. This is a bearish continuation pattern. The first candlestick is a bearish candlestick. It is followed by a bearish candlestick gapping lower on open. It is then followed by a bullish candlestick, failing to fill the gap. This indicates weakness from bulls, attracts sellers into the market, and the downtrend continues. You can trade a short position […]

Forex Strategy for EUR/USD | Euro Finally Breaking Out? — Forex Forecast

Watch this video by Justin Bennett, about his analysis on the EUR/USD pair. In his forecast for the EUR/USD pair, he talks about the possibility of this pair finally breaking out. EUR/USD — As you can see on the daily chart, the EUR/USD pair has been trading inside this descending price channel. Now, the pair is trying to break to the upside of this channel. The 1.09 level below looks strongly supportive. Also, […]

USD/JPY and AUD/USD Forecast — October 11th 2019

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the October 11th session. USD/JPY — Initially, the market was bearish, but then turned around to make a strong move to the upside, after the rumors regarding the US-China trade talks were cleared. To the upside, the 108.50 level will offer strong resistance. As US-China trade talks are going on, it is better to be on the sidelines at the moment, and wait for the Monday […]

Bitcoin Forecast — October 11th 2019

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the October 11th session. Bitcoin/USD — It looks like this market could test the bottom of this descending triangle pattern for resistance. Also, the 50-day EMA will offer strong resistance. So, rallies that show signs of exhaustion are to be sold. The measured move of this triangle pattern is the $5,000 level. At the moment, the bitcoin market looks very bearish.

Gold Forecast — October 11th 2019

In this video, the Trader Guy looks at the commodity, gold for the October 11th session. Gold/USD — Some positive tweets caused the gold market to rise initially, but then negative headlines from South China Post caused this market to fall again. The 50-day EMA and the $1,500 level look supportive. However, this little downtrend line will cause strong resistance. Negative headlines related to US-China trade talks will […]

Bearish Meeting Lines — Candlestick Pattern

In this video, you will learn about the bearish meeting lines candlestick pattern. You can locate this pattern during an uptrend. The first one is a bullish candlestick. Then it is followed by a bearish candlestick opening higher and closing at the same level as the close price of the first candlestick. This is similar to a dark cloud cover pattern. This creates a psychology of reversal in the market. Look for further confirmation using a bearish […]

EUR/USD and GBP/USD Forecast — October 10th 2019

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the October 10th session. EUR/USD — The market is finding enough resistance at the 1.10 level. This is evident from the candlesticks below this level showing signs of weakness. However, a break above the 1.10 level is very bullish. The market is in a downtrend and has been drifting lower. Any rally from here, the 61.8% Fib retracement level […]

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