by Matthew Lee | Dec 9, 2024 | Forex Trading
After reading the previous examples, you are probably ready to throw up a volume indicator on your FX charts. The general idea is that if you see volume increasing in a trend, it is likely that you will continue to see price move in the same direction....
by Matthew Lee | Jul 26, 2024 | Forex Trading
The market appears to be more bearish when a double Gravestone Doji appears, and bull power is fragile. There was previously mentioned the fact that the main feature of this pattern is its long wick. When it comes to looking for this pattern on the chart you should...
by Matthew Lee | Apr 9, 2024 | Forex Trading
Whether in trending or ranging markets, these pivot points help traders adapt their strategies accordingly. In trending markets, for instance, traders can identify significant breakthroughs or reversal points by observing interactions with the outer resistance (R4) or...