Forex trading patterns

 This is great forex trading information.

ADVANCED FOREX PATTERNS (AFP) helps you to master 10 very powerful Forex patterns available to the Forex trader.

candle stick charting

 If you are using a candle stick chart you will see how the candle turns green as buyers enter the market. The same is true when you see a red candle that means sellers are selling the currency pair. If the news is bad the sellers will start to sell and produce red candles on your charts.

Forexmentor Advanced Candle Action Trading

Forex chart, USD/CAD

The most powerful patterns for Forex traders

USD/CAD 20-Apr-17:00 -> 12-May-13:00 Target Level: 1.2080

SL: (A) 1.2080 Last TP of Falling Wedge RL: (B) 1.2132 Last TP of Falling Wedge Target Period: 3 days   Interval 4 hour Pattern Falling Wedge Length 55 Candles Identified 12-May-09:00

Falling Wedge identified at 12-May-09:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.2080 within the next 3 days. Supported by Downward sloping Moving Average

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Support levels,

Resistance levels, and different indicators are most important to make profitable trades in the forex market. Some indicators lag the actually time so is important to know what you are doing when you are reading the charts. Most of the best forex and stock brokers will have live charts that you can trade from. Some will have practice accounts which can be a big help in learning how to trade these markets. New traders need to choose a couple good indicators and learn them inside and out to be successful.

ADVANCED FOREX PATTERNS (AFP) helps you to master 10 very powerful Forex patterns available to the Forex trader.