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Best Candlestick Patterns in Forex
The best trader in the forex market is above all a proper fortune teller! All the attempts that are made at market analysis with the help of all the different
Comparison of Shooting Star and Hammer Candlesticks
Similarities are not at all uncommon when it comes to candlestick patterns. There are so many patterns that share so many different aspects in common. This would add to the
Elliott Wave Theory – What It Is and How to Use It
The next candidate for analysis in our series discussing technical analysis is the Elliott Wave theory. This theory can be regarded on its own as an approach to technical analysis
Heikin Ashi Technique Definition and Formula
Heikin Ashi is a Japanese term that literally means average pace or average speed. Some sources also mentioned that it means average bar. Whatever it means, this technique is used
How to Use a Heikin Ashi Chart?
Charting is a general approach to trading and also market analysis that is employed by a whole variety of traders in financial markets. According to common belief, there are three
Dow Theory in Forex Explained ,What It Is and How It Work
Technical analysis, much like other concepts and notions in trading, took a very long time to develop and evolve to be the form that it currently is. Dow Theory is
Divergence Forex Trading Ultimate Guide
As the name suggests, a divergence is a schism in the normal pattern that is expected to form in the market. Of course we are going to specifically focus on
Chartist in Forex Definition
The financial market is quite similar to real life. In real life, in order to navigate through the complexities of the world, we need to have a mentality and a
What Is Technical Analysis?
When it comes to any financial market, one of the most important steps any trader has to take is analyzing the market. The aim of all analysis is to make