How to Trade Bearish and Bullish Pennants. Let’s take a look at how to trade bearish and bullish pennants. Similar to rectangles, pennants are continuation chart […]
Bearish Rectangle. A bearish rectangle is formed when the price consolidates for a while during a downtrend. This happens because sellers probably need to pause and catch their […]
Rectangle Chart Patterns to Trade Breakouts. Let’s look at how to use rectangle chart patterns to trade breakouts. What is a rectangle chart pattern? A rectangle is […]
Falling Wedge. Just like the rising wedge, the falling wedge can either be a reversal or continuation signal. As a reversal signal, they form it at the bottom […]
Rising Wedge. A rising wedge is formed when the price consolidates between upward-sloping support and resistance lines. Here, the slope of the support line is steeper than […]
How to Trade Wedge Chart Patterns. Let’s take a look at how to trade wedge chart patterns. In a Wedge chart pattern, two trend lines converge. It […]
Inverse Head and Shoulders. Now let’s take a look at an inverse head and shoulders formation. The name speaks for itself. It is a head and […]
How to Trade the Head and Shoulders Pattern. The head and shoulders chart pattern is a reversal pattern and is most often seen in uptrends. Not only […]
Double Bottom. The double bottom is also a trend reversal formation, but this time we are looking to go long instead of short. These formations occur after […]
How to Trade Double Tops and Double Bottoms. Continuing our lesson from the last session let’s look at how to trade double tops and double bottoms. […]
How to Trade Chart Patterns. By now you have an arsenal of weapons to use when you battle the market. In this lesson, you will add […]
Lagging Indicators. Lagging indicators are also known as trend-following or trend-confirming indicators. Trading signals of the lagging indicators come after the event has occurred on the chart. A disadvantage of lagging […]
Summary: Leading Indicators. Many forex traders use technical indicators as part of their technical analysis toolbox. We’ve gone through the two types of technical indicators based on the timing of […]
Confirming a Trend with MACD. Let’s examine confirming a trend with MACD. Let’s look at another chart so you can see how these crossover signals can […]
How to Use MACD to Confirm a Trend. Let’s see how to use MACD to confirm a trend. Spotting a Trend So how do we spot […]
When Oscillators Don’t Work. In our previous example, we saw a situation when oscillators don’t work. What happened to such a good set of indicators? The […]
Trading with Oscillators. Let’s continue our examination of trading with oscillators. Each of these indicators is designed to signal a possible trend reversal, where the previous trend has […]
How to Use Oscillators to Warn You of the End of a Trend. Let’s look at how to use oscillators to warn you of the end […]
Leading and Lagging Indicators. Let’s continue our discussion on leading and lagging indicators. You would “catch” the entire trend every single time IF the leading indicator […]
Leading versus Lagging Indicators. Let’s examine leading versus lagging indicators. We’ve already covered a lot of tools that can help you analyze potential trending and range-bound […]
Continued. Summary of Forex Indicators. Let’s continue and finish our summary of forex indicators. Ichimoku Kinko Hyo IKH or Ichimoku Kinko Hyo is an indicator that […]