Search found 45 matches

by Rafay
Sat Jan 25, 2025 8:51 am
Forum: Candlestick Patterns
Topic: Can someone please explain the Marubozu candlestick Pattern ?
Replies: 3
Views: 2206

Re: Can someone please explain the Marubozu candlestick Pattern ?

The Marubozu candle strategy is very simple and easy to understand and can help you identify strong trading opportunities. There are only two key parameters to help you identify a valid Marubozu candlestick pattern. These parameters will help you filter out the best possible Marubozu candlestick pat...
by Rafay
Wed Jan 15, 2025 1:11 pm
Forum: Candlestick Patterns
Topic: Can someone please explain the Marubozu candlestick Pattern ?
Replies: 3
Views: 2206

Re: Can someone please explain the Marubozu candlestick Pattern ?

Marubozu candlestick Pattern is mainly used in forex trading and technical analysis is a single candlestick pattern. It is a unique pattern because it only shows the opening and the closing price of the candle without the high or the low meaning the wicks are left out only the body of the candlesti...
by Rafay
Tue Jan 07, 2025 11:13 am
Forum: Supply and Demand Trading
Topic: How to use Fibonacci in forex trading?
Replies: 1
Views: 1625

Re: How to use Fibonacci in forex trading?

In forex, the Fibonacci tool is a technical analysis tool that is used by traders to find the key price levels or strong price levels in forex trading by using the Fibonacci sequence. Fibonacci sequence is a natural pattern found in nature. Fibonacci numbers are found in nature like the golden ratio...
by Rafay
Sat Jan 04, 2025 12:27 pm
Forum: Supply and Demand Trading
Topic: What are the key differences between scalping and day trading?
Replies: 1
Views: 1487

Re: What are the key differences between scalping and day trading?

Scalping trading Scalping is a very fast paced trading style used by traders who aim to get small profits by opening and closing trades in matters of a few seconds or minutes. These traders are known as scalpers. In this style of trading the frequency of the trades taken is high while the profits a...
by Rafay
Wed Jan 01, 2025 11:00 am
Forum: Chart Patterns
Topic: What is the butterfly pattern in forex trading?
Replies: 1
Views: 1769

Re: What is the butterfly pattern in forex trading?

Butterfly Pattern consists of four waves and is used widely in forex trading. It is a reversal pattern meaning that it indicates the possible reversal of the current price trend for example if the price is moving in a bullish direction then after this pattern is formed there is a possibility of the ...
by Rafay
Tue Dec 31, 2024 9:20 am
Forum: Candlestick Patterns
Topic: What are the most reliable bearish candlestick patterns ?
Replies: 3
Views: 2261

Re: What are the most reliable bearish candlestick patterns ?

It is a very simple and easy to follow trading strategy only using three very simple technical analysis tools. Trend Fibonacci tool Bearish Pin Bar First step of this trading strategy is to confirm the trend. To trade a bearish candlestick the price trend should also be bearish. When the price is ma...
by Rafay
Thu Dec 26, 2024 6:18 am
Forum: Candlestick Patterns
Topic: What are the most reliable bearish candlestick patterns ?
Replies: 3
Views: 2261

Re: What are the most reliable bearish candlestick patterns ?

Bearish candlesticks patterns are the candle shapes that form on the price chart in the forex trading and signals that the price trend in the market may change from going upward in a bullish trend to going down and forming a bearish trend. These candlestick patterns are used by the traders to confi...
by Rafay
Thu Dec 26, 2024 6:16 am
Forum: Candlestick Patterns
Topic: What are the best bullish candlestick patterns?
Replies: 3
Views: 1753

Re: What are the best bullish candlestick patterns?

Pin Bar Trading Strategy The strategy to trade a bullish pin bar candlestick is very easy and straightforward. This strategy has three main steps. The first step is to determine if the trend is bullish (price making higher highs and higher lows) and the price is moving in an upward direction. After...
by Rafay
Tue Dec 24, 2024 10:57 am
Forum: Candlestick Patterns
Topic: What are the best bullish candlestick patterns?
Replies: 3
Views: 1753

Re: What are the best bullish candlestick patterns?

Chart patterns are the graphical representation on the chart of the price movements . These representations are formed by using the data of open, high, low and close. There are two main types of these patterns Bullish Candlestick Patterns Bearish Candlestick Patterns The Bullish Candlestick Pattern...
by Rafay
Mon Dec 23, 2024 11:41 am
Forum: Supply and Demand Trading
Topic: What are margin levels and stop-out levels in forex trading, and how do they impact your trading account?
Replies: 1
Views: 1339

Re: What are margin levels and stop-out levels in forex trading, and how do they impact your trading account?

Margin level in forex refers to the ratio of the equity available in your MT4 trading account and the margin being used and is directly proportional to the health of your MT4 trading account. A higher margin level will indicate that your account is in a good condition and you can open and maintain m...