If you’ve ever looked at a trading platform and seen a chart filled with rectangles and vertical lines, you’ve already encountered a candlestick chart — even if you didn’t realize it. These colorful ...
As you can see from the chart above, we clearly have a strong downtrend on the EUR/GBP. This is the 2 hour chart; notice how at the end of the move the A candle is quite large but is countered by a ...
Aspiring forex traders will generally benefit from developing the ability to interpret and analyze market data. Among the tools and techniques available to currency traders to do this, candlestick ...
It's no secret that I like to zero in on the top 250 stocks in the market. And I've even shown you how to whittle those down to the 10 best stocks to trade at any given time. But even then, that's a ...
What does a modern stock market analyst and a 17th century Japanese rice trader have in common? A little more than you may think. In fact, both have been known to be fond of a very particular charting ...
For those interested in using technical forex trading methods in their strategies, mastering the art of candlestick pattern recognition can be the key to unlocking numerous profitable trading ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). A piercing pattern is a two-day candlestick pattern that signals a potential ...
The presence of several double-bottom formations across a variety of markets inspires this in-depth study, which teaches how to identify, analyze, and trade these patterns most effectively. The ...
The bullish engulfing candle on the weekly charts flashes a strong buy signal for the AUD/USD. This represents a major shift in trend and tells me that we could head back to the currency pair’s ...
Candlestick charts are the gold standard, providing a visual map of price movement through open, high, low, and close data ...