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How to Stop Blowing Accounts & Become a Consistent Forex Trader

You could be one among of those forex traders, who might have blown out your account or have lost a significant amount of money from your account after sustaining losses. In this video, you will learn about how to stop blowing your forex trading account. Losses are inevitable in forex trading. So, you don't need to fight to discover a holy grail strategy that guarantees […]

Daily Market News — October 16th 2019

The pound and the stock market are looking bullish. The yen is the weakest among the major currencies at the moment. The EUR/USD pair looks range bound and is trading above the support level at 1.1018. The resistance levels are 1.1131, 1.1162, and 1.1188. The support levels are 1.1018, 1.0993, and 1.0966. The USD/JPY pair looks strongly bullish and is trading below the resistance at 109.00. The resistance levels are 109.00, 109.48, and 109.96. The support levels are […]

Bullish Doji Star — Candlestick Pattern

In this video, you will learn about the bullish doji star candlestick pattern. This bullish reversal pattern is located at the end of a downtrend. This is a three candlestick pattern. The first one is a long bearish candlestick. It is followed by a doji candlestick gapping lower on open. It is then followed by a bullish candlestick, closing above the midpoint of the range of the first candlestick. The doji candlestick brings indecision into […]

Daily Market News — October 15th 2019

The Japanese yen looks extremely bearish at the moment. The stock market and the pound look bullish. The EUR/USD pair looks range bound and is unclear of direction at the moment. It is trading above the support level at 1.1080. The resistance levels are 1.1131, 1.1162, and 1.1198. The support levels are 1.1018, 1.10000, and 1.0966. The USD/JPY pair looks bullish, but faces strong resistance at the 109.00 level. The resistance levels are 108.71, 109.00, and 109.48. […]

Bearish Doji Star — Candlestick Pattern

In this video, you will learn about the bearish doji star candlestick pattern. This is a bearish reversal pattern, located at the end of an uptrend. This is a three candlestick pattern. The first one is a bullish candlestick. It is followed by a doji candlestick. it is then followed by a bearish candlestick closing above the midpoint of the trading range of the first candlestick. It is important that the doji candlestick opens gapping […]

Bullish Abandoned Baby — Candlestick Pattern

In this video, you will learn about the bullish abandoned baby candlestick pattern. This is a bullish reversal pattern, found at the end of a downtrend. The first candlestick in the pattern is a bearish candlestick pattern. It if followed by a doji candlestick gapping lower on open. The third one is a bullish candlestick with no overlapping shadows. The second candlestick indicates a temporary profit taking by the bears. However, the third candlestick indicates that […]

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 […]

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