The USDCAD has rallied as visible in this 4-hour chart (H4). This currency pair has formed a bump-and-run formation which is a bearish chart pattern as marked...
Bearish Falling Three Methods Candlestick Pattern
The Falling Three Methods pattern occurs in a bear market, where during a downtrend the market rests before resuming the trend. The bearish trends break is reflected...
Bearish Downside Tasuki Gap Candlestick Pattern
Like so many moderate strength formations, candlestick analysts like to see additional confirmation. This confirmation of continued bearish trend could come in...
Bearish Three Line Strike Candlestick Pattern
So long as the previous downtrend is an established one, candlestick analysts view this formation as a sign that the downtrend may still continue.
Direction:...
Japanese Candlestick Side By Side White Lines
The bearish side by side white lines (narabi aka) candlestick pattern is one of the triple candlestick patterns (i.e. it consists of three individual candlesticks),...
Japanese Candlestick Bearish In-Neck On-Neck Patterns
First day we’d see a long red candle. The second day is blue day, opening below the low of the first day and closing barely into the body of the first day.
Direction...
Bearish Thrusting Japanese Candlestick
The Thrusting pattern starts by a continuation of the established move. Day two reflects a bullish rally that closes into the body of the previous day, but is...
Japanese Candlestick Rising Three Methods
Rising Three Methods is a five candlestick bullish continuation pattern.
The pattern occurs in an uptrend where the first day is a long bodied white candle.
This...
Japanese Candlestick Bullish Three Line Strike
Continuation patterns suggest the market will maintain an established trend. The formation of continuation candlestick patterns imply consolidation, a time to...
Hi! I’m a bad forex trader!
Let me tell you guys... This is a painful thread to start. But considering my trading biography I think I am morally obligated to propose this little round table....
USDJPY Buy Zone
The USDJPY has corrected from its horizontal resistance as visible in this D1 chart.
This currency pair is now approaching its horizontal support level from...
HotForex Demo Contest 2012
The HotForex ‘Virtual to Real’ Demo Contest is a contest only held on demo accounts. Therefore, there is no monetary risk for the participants but the cash prizes...
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