You’ve heard that “trading with the market trend” is a great way to take advantage of a bull market and a bear market. Having some type of trend analysis is important for traders if you want to be on the right side of the bigger trading moves. The fact is that trading counter trend should […]

The popularity of candlestick charts for trading with exploded when they arrived on the scene and for very good reason:  The amount of information you can get from a casual glance at the candlestick chart makes chart reading much easier. Each candlestick contains 2 parts regardless of the time period you are trading: the body which […]

There are Forex traders that find it a bit difficult to mark and identify support and resistance levels on the charts. And even if they find these levels, how they mark these support and resistance levels on their trading charts are not good at all…because of 2 things they do not do correctly. Let’s cut to […]