Trade Setups: AUDNZD Double Top and Palladium Bearish Resumption
Trade setups for today: AUDNZD completed a topping pattern. Palladium retest process probably completed.
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Trade Setups: EURCAD Short Confirmed While AUDUSD Pending..
Trade setups for today: EURCAD retest of horziontal resistance rejected. Meanwhile, AUDUSD awaiting the RBA decision.
Chart Watch: USDJPY Decision is Near!
The chart watch posts are meant to alert traders for chart patterns, support & resistance and candlestick patterns. Chart watch posts are not trade ideas and...
Is Forex Trading Easy?
I am extremely amazed by this question, and here is my answer.
Trade Setups: Crude Oil at Resistance Cluster!
Three Trade Setups for today: GBPCAD ABCD potential reversal zone rebound. AUDNZD bullish breakout and Crude Oil cluster of moving averages form resistance.
How to Trade the Three Drives Pattern : A Concise Tutorial
The Three Drives pattern is one of the most powerful setups and one of my personal favorite chart patterns. The pattern is also self sufficient, it...
Chart Watch: Gold Major Doji Defines Short-term Trading Range.
Major long-legged doji candle defines Gold's trading range. And more chart alerts, check them out.
Chart Watch: GBPCAD Reaches Potential Reversal Zone!
EURUSD multiple dojis, while GBPUSD and GBPCAD at Juncture. And more chart alerts, check them out.
Trade Setups: AUDUSD Bullish Bounce and Gold at Resistance.
Four Trade Setups for today: AUDUSD major Dragonfly doji at support hints a bullish bounce. While, EURAUD, USDCAD and Gold might be reversing.
Chart Watch: USDCAD Multiple Candlestick Patterns
USDCAD showing short term bearish patterns and USDJPY breaks support. And more technical alerts, check them out.
Four Trade Setups: EURUSD, USDJPY, Crude Oil and DAX
Four Trade Setups for today: EURUSD hammer at support, USDJPY bearish consolidation breakout , Crude Oil bearish flag break and DAX breaks uptrend structure.
Forex Price Action Patterns Every Trader Should Know
While trending, the price usually creates chart patterns. Those also called price action patterns, can provide indications whether the trend will continue or reverse.
How to Spot Trend Reversal in Forex
I always receive this question: How to spot trend reversal in forex? And here is the complete answer. Identifying a trend reversal in forex is not...
GBPCAD Bullish ABCD in Play
A long term ABCD pattern could be completing in the GBPCAD and EURUSD at decision point. And many more technical alerts, check them out.
Luay Afouneh (Technician)
Market Analyst
When I started to learn trading more than 10 years ago, I was extremely confused. I didn't know what to read and who to trust, given all the commercial material out there, which I believe account for the vast majority of the online educational material. I found my way through this and made my own research to have my personal conclusions, while continuing to learn. I always remember that feeling. I decided to provide free valuable and hardly gained content to people who need it.
