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How to “Engulf” Pips with Engulfing Patterns
I have always asked many traders this question: why chase a market trend that is already far gone and in danger of reversing, when you can simply exercise some patience and catch the reversal using a strategy that has worked wonders so many times in the past? Almost all the time, I am met with […]
Read Some MoreCandlestick Tutorial – Haramis
In this series on candlestick formations, we will take time to break down several important candlestick formations that constitute market defining moments in the market, and also discuss how they can be combined with other technical indicators to produce signals with a high degree of accuracy. We start this series with a discussion on Haramis. […]
Read Some MoreTrading Price Channels
Price channels are chart patterns formed when the highs and lows of the candlesticks can be joined by an upper and lower trend line that are parallel to each other. They occur all the time in the market, but traders sometimes have trouble identifying them, which should really not be the case. There are three […]
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