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Tag Archives for " candlestick "

Forex Engulfing Chart Pattern Trading Indicator

A chart pattern indicator for Metatrader 4 that notifies you of any bullish and bearish engulfing trading patterns. The indicator works on all timeframe’s and for all currency pairs. A bullish engulfing pattern may indicate a forex reversal pattern when formed in a downtrending currency market. A bearish engulfing pattern may indicate a forex reversal […]

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Divergence Forex Trading Strategy

Divergences are most commonly used in forex to predict price reversals in both up and down trending markets. In a nutshell, divergences occur when the currency pair price and the technical indicator (MACD, RSI, STOCH,…) trade in opposite directions. Normally, price should always trade in agreement with the supporting TA indicator, both up or down. The […]

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Pin Bar Forex Scalping Strategy

Pin bars candlesticks occurring at strong support and resistance levels generally produce reliable reversal trading signals for currency traders. Here’s my step by step version of how i use them to trade market reversals. The pin bar forex scalpers strategy can be applied on higher timeframe’s as well. Forex Chart Setup: • Preferred currency pairs: […]

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