Category: Blog

Ranging markets are pretty straight forward, they are often called sideways markets, because their neutral nature makes them appear to drift to the right, horizontally. When the market makes a series of higher highs and higher lows, we can say that the market is trending up. But when it stops making these consecutive peaks, we…

To draw a quality trend line, you will need to find at least 2 minimum swing points, and simply connect them with each other. The levels must be clear, don’t try to force a trend line. Don’t use smaller time frame to draw trend lines, use always the 4H and the daily time frames to…

Support and resistance are proven areas where buyers and sellers find some of equilibrium, they are major turning points in the market. Support and resistance levels are formed when price reverses and change direction, and price will often respect these support and resistance levels, in other words, they tend to contain price movement until of…

If you can identify a trending market, it will be easy for you to trade it, if it is a bullish market, you will look for a buying opportunity, because you have to trade with the trend, and if the market is bearish, you have to look for a selling opportunity. But the question is…

One of the most important skill that you need as a trader is the ability to read the market structure, it is a critical skill that will allow you to use the right price action strategies in the right market condition. You are not going to trade all the markets the same way; you need…

Now i think that you get some information about Japanese candlesticks, you know the anatomy of each candlestick and the psychology behind its formation, let’ take this exercise to test your knowledge and see if you still remember all of the candlesticks we talked about. Look at the chart below and try to find the…

Candlestick patterns are one of the most powerful trading concepts, they are simple, easy to identify, and very profitable setups, a research has confirmed that candlestick patterns have a high predictive value and can produce positive results. I personally trade candlestick pattern for more than 20 years; i can’t really switch to another method, because…

Japanese candlesticks are formed using the open, high, low and close of the chosen time frame. -If the close is above the open, we can say that the candlestick is bullish which means that the market is rising in this period of time. Bullish candlesticks are always displayed as white candlestick. The most trading platform…

I personally use candlesticks with support and resistance, trend lines, and other technical tools that you will discover in the next chapters.