Candlestick charts are a type of visual chart which many traders prefer over more traditional bar or OLHC (open, low, high, close) charts. While there is nothing magical about candlesticks themselves–they still represent the price movement of an asset–the way the price information is presented allows you to spot potential reversal and continuation patterns which […]
Hi traders, This is my second article about the ways which I use to trade with the trend. In my previous article I talked about the two things which I want to see to make me sit down and wait for a chance to take a trade in the trend direction. These are lower-highs (downtrend), higher-lows […]
Hey everybody, If you read my previous articles you will notice that in the most of them I usually focus on reversals. In this article I am going to talk about the ways and techniques which I use to trade with the trend. I am sure that you have heard many times the expression “Trend […]
Hi everybody, In this article i want to share with you an effective way to use RSI trendlines to trade with the trend or a reversal. You already know from my previous articles that I use RSI to identify an overbought or an oversold condition. We will use again RSI for this job but now I am […]
Once a trend has run its course, it often displays certain price movements or patterns which signal a reverse is potentially underway. These chart patterns can be used to get you into the emerging trend early, or get you out of (or avoid) trades which could potentially start to lose you money. Chart patterns are […]
Good Day Traders, Kostasze is here.In this article I will explain with screenshots two patterns that I use very often as I am trading. These patterns are Head & Shoulders and Double Tops/Bottoms and they are well known and very popular in binary options technical analysis.Now, it’s time for the first screenshot of the day. […]
Hi Traders, in this article I am going to talk about how to draw simple channels and take solid trades inside them and how to avoid the breakouts.I will explain this with EUR/JPY currency pair and with some trades I took in 4/4 in this pair. Take a look I took 4 trades in EUR/JPY, […]
Hi Traders, I hope you had a profitable day. Only one trade for me today cause I had some work to do. It was an ITM call based on an effective pattern, ABCD pattern. In this article I will explain this pattern and the reasons I took my today trade and moreover I will talk […]
Good Day Traders, in this article I want to show you three ways for taking trades after a reversal as I do in many cases. These three ways are higher/high – lower/low pattern, engulfing pattern and Double Red/Green strategy. You know that many of my trades are mainly reversals but if I want to take […]
Hey Traders, I hope you are fine.In the previous article I talked about three ways for taking trades after a reversal.In this article I will make some comments for my today trades and I will explain how I use the stochastic oscillator for an extra confirmation in my trades. Here are my trades in 10/4. […]