Posts Tagged ‘tutorial’

Random video

Archives

How to Use Forex Trading Bullish Engulfing Pattern — Easy Tutorial

The bullish engulfing pattern comprises of  Two candles (black then white). Occurs at bottom of a downtrend. Second candle has to engulf the first candle (body only). Now, in terms of our example, we can see that the market has a downtrend happening right here. So, the actual size of the downtrend is not really relevant. But what is relevant is the fact that it is a downtrend. So, we […]

How to Use Forex Trading Bearish Engulfing Pattern — Easy Tutorial

In this video, we will discuss the opposite of the bullish engulfing pattern, the bearish engulfing pattern. This pattern comprises of Tow candles (white then black). Occurs on top of an uptrend. Second candle has to engulf the first candle (body only). Now, in terms of our example, you can see that we have an uptrend here in the market. The appearance of this white candle that you can see here suggests, […]

How to Use forex Trading Piercing Pattern — Easy Tutorial

In this lesson, we are going to discuss the piercing pattern, which is a reversal pattern. So, in terms of its definition, It consists of 2 candles (black then white). Occurs at bottom of a downtrend. White candle has to open at or below the black candle's close and close more than half way into the black candle's body. Now, in terms of our example, what we have is a piercing pattern in this area […]

How to Trade Evening Star Pattern — Easy Tutorial

This pattern is opposite to the morning start pattern. In terms of its definition Three candles (white, any, then black). Occurs at top of an uptrend. 1st is a white candle. 2nd is a small spinning top that opens and closes at or above a 1st white candle's close. 3rd is a black candle that opens at or below the 2nd candle's close and closes more than half way into 1srt candle's body. […]

How to Trade Morning Star Pattern — Easy Tutorial

In this video, we are going to discuss the morning start reversal pattern. So, in terms of its definition, the morning star pattern comprises of  Three candles (black, any, then white). Occurs at bottom of a downtrend. 1st is a black candle. 2nd is a small spinning top that opens and closes at or below the 1st black candle's close 3rd is a white candle that opens at or above 2nd candles close […]

MetaTrader 4 Tutorial for Beginners in Forex

Let's get to know the platform. The MT4 platform offers professional and fast financial market trading. Let's take a closer look at it. The platform consists of 4 distinct regions — Market watch, navigation, charts, and terminal. At the top of the screen, you will find main menu offering you access to most of the wide range of features which the platform offers. You can login to your account and open trades, and access charts and indicators all […]

Trading Strategies — How to Trade Moving Averages (Part 2)

This is part 2 of the series. This video covers how to use moving averages to identify the direction of a trend, how they can be used to enter and exit a trade, and how to trade moving average crossover. To determine the direction of a trend using moving average, you must take into account the set timeperiod. Why is it important to be aware of the time period of the moving average. Looking at the chart, when we […]

How to Add Fibonacci Tool on MT4 Platform

Chris from elite currency, in this video tutorial shows you how to place the Fibonacci tool in MetaTrader 4. So, it is a simple video to show you how to insert it on your chart. After you open your MT4 platform, look for the Fibonacci tool, then choose Fibonacci, Retracement and click on it. Now, choose a swing low, click your left mouse button, drag it, find your […]

Understanding Candlestick Charts (Tutorial For Beginners) — Trading Basics

Candlesticks are the most commonly used method of displaying the price movement of a market on a chart. Each candlestick chart will have the time scale on the horizontal axis and the price scale on the vertical axis. Each candlestick chart you see will display candles in a particular time interval. These intervals can be anything such as 5-minutes, 1-hour, 4-hour, 1-day, etc. So, for example, here we are looking at a 5-minute chart, so […]

CCI Commodity Channel Index Video Tutorial

The CCI indicator was originally based upon analysis and buying and selling commodities, but you can actually use for any of the markets like stocks, ETF, Forex, commodities, and futures. It can be used in two different ways, one is overbought and oversold. The other way is really more of a trend based indicator, when we are looking for big moves or big trends in the market. So, down below, if […]

Navigation

Menu