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User Image forex.while.you.work Posted: Feb 20, 2018 1:38 PM (UTC)

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The Morning Star Pattern is viewed as a bullish reversal pattern, usually occuring at the bottom of a downtrend.
The pattern consists of three candlesticks:
-Large Bearish Candle
-Small Bullish or Bearish Candle
-Large Bullish Candle
to learn more check out the link in bio
User Image forex.while.you.work Posted: Feb 20, 2018 10:37 AM (UTC)

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The chart below stock shows an example a Evening Star bearish reversal pattern that occured at the end of an uptrend
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User Image forex.while.you.work Posted: Feb 20, 2018 7:36 AM (UTC)

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The chart below shows an example of a Bullish Engulfing Pattern occuring at the end of a downtrend
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User Image forex.while.you.work Posted: Feb 20, 2018 4:35 AM (UTC)

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The Bullish Engulfing Candlestick Pattern is a bullish reversal pattern, usually occuring at the bottom
of a downtrend. The pattern consists of two Candlesticks
Smaller Bearish Candle
Larger Bullish Candle
to learn more check out the link in bio
User Image forex.while.you.work Posted: Feb 20, 2018 1:30 AM (UTC)

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The chart below shows an example two Bearish Engulfing Patterns occuring at the end of uptrends
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User Image forex.while.you.work Posted: Feb 19, 2018 10:26 PM (UTC)

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The Bearish Engulfing Candlestick Pattern is considered to be a bearish reversal pattern,
usually occuring at the top of an uptrend. The pattern consists of two Candlesticks:
Smaller Bullish Candle
Larger Bearish Candle
to learn more check out the link in bio
User Image forex.while.you.work Posted: Feb 19, 2018 7:26 PM (UTC)

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We have previously touched on how you can use the confluence of technical indicators and trend lines.
Now we will illustrate how you can combine trend lines with support & resistance levels to trade price action
confluence as well.
to learn more check out the link in bio
User Image forex.while.you.work Posted: Feb 19, 2018 4:25 PM (UTC)

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The bullish Engulfing pattern could be found during bearish trends. It starts with a bearish candle on the chart.
Then this candle gets fully engulfed by the body of the next candle on the chart, which is bullish.
This pattern creates a bullish potential on the chart and it could reverse the current bearish trend.
Take a look below at the sketch of the bullish Engulfing candle pattern
to learn more chekc out the link in bio
User Image forex.while.you.work Posted: Feb 19, 2018 1:23 PM (UTC)

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Combination numbers like 0.7575, or 1.1111, 1.3366, 0.8888, et al., are considered psychologically special pivot zones,simply because these figures are easy to remember for traders.
to learn more chekc out the link in bio
User Image forex.while.you.work Posted: Feb 19, 2018 10:16 AM (UTC)

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A technical confluence occurs when you find a trade setup using multiple technical trading tools,
and all of these independent forms of analysis indicate a similar impending directional price movement.
to learn more check out the link in bio
User Image forex.while.you.work Posted: Feb 19, 2018 7:16 AM (UTC)

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The confirmation of the Engulfing pattern comes with the candle after the pattern.
It needs to break the body level of the engulfing candle to confirm the validity of the pattern.
to learn more check out the link in bio
User Image forex.while.you.work Posted: Feb 19, 2018 4:13 AM (UTC)

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This time the engulfed candle is bullish and the Engulfing candle is bearish.
The body of the second candle fully contains the first candle, which completes the shape of
the bearish Engulfing pattern on the chart. A bearish Engulfing setup could indicate the beginning of
a new bearish move on the chart.
to learn more check out the link in bio
User Image forex.while.you.work Posted: Feb 19, 2018 1:12 AM (UTC)

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In this next example, we are going to take the idea of support and resistance swings and supercharge it
by combining it with various Fibonacci retracement levels. In figure 4, we have a GBPUSD price chart.
Note how the 1.4175 level perfectly aligned with the 50% Fibonacci retracement level.
This type of price action confluence, where you see support and resistance zones that overlap Fibonacci levels,
are extremely powerful signals.
to learn more check out the link in bio
User Image forex.while.you.work Posted: Feb 18, 2018 10:08 PM (UTC)

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Let now look at the daily EURUSD chart. Here we applied two different technical analysis indicators
to identify a confluence: 1) a simple moving average (SMA) crossover of SMA (5) and SMA (21), and 2) the Average
Directional Movement (ADX) indicator with default settings.
to learn more check out the link in bio
User Image moncikoma Posted: Feb 7, 2018 5:56 PM (UTC)

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Selling gold.. Xausd
Jila menembus support terdekat..
Target area Tp di fibo 38-23, melawan fundamental kmaren Pas Saham uS anjlok.. hrsnya smua buy yen n gold..(sometime i belive the candle more than news)..because it speak more clearly to you .. 😃 .. but nothing is 100% so know ur exit before entry 😎@trandll.jcp #dailypriceaction #engulfing #momentum #trading #gold #commodity #bearish #icmarkets
User Image dailypriceaction Posted: Feb 5, 2018 1:21 PM (UTC)

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Weekly Forex Forecast (February 5 – 9, 2018)

Includes analysis for #EURUSD #GBPUSD #AUDUSD #USDCAD #AUDJPY.

Get it here: http://bit.ly/2E49yXN or visit the latest story below my bio and swipe up.
User Image dailypriceaction Posted: Jan 31, 2018 5:37 PM (UTC)

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AUDUSD Reaches Key Inflection Point

There’s no indication of it yet, but a close below channel support in the chart below could signal a turn lower. The first area of interest following a break lower would be 0.8020 followed by 0.7935.

Alternatively, a close below channel support would begin to put pressure on longs. There’s no telling when or where it might occur, but I do believe that’s the bigger play here given the two-year range shown above.

One event that could trigger a break one way or the other is today’s Fed rate decision and statement at 2 pm EST. Keep in mind that this Friday also features non-farm payrolls, which could shake things up for the U.S. dollar.

Get the complete analysis here: http://bit.ly/2nu6auc or visit the AUDUSD story below my bio and swipe up.
User Image dailypriceaction Posted: Jan 30, 2018 5:57 PM (UTC)

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Double tap if you agree. 👍
User Image dailypriceaction Posted: Jan 28, 2018 4:52 PM (UTC)

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Weekly Forex Forecast (January 29 – February 2, 2018)

Includes analysis for #EURUSD, #GBPUSD, #USDJPY, #EURJPY, and #GBPJPY.

Click here: http://bit.ly/2DM1LNZ or visit the latest story below my bio and swipe up.
User Image dailypriceaction Posted: Jan 27, 2018 7:02 PM (UTC)

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How Much Money Can You Make Trading Forex?

Admit it, this is one of the first questions you asked when you entered the Forex market.

There’s no shame in it. I certainly wanted to know how much I could make when I started with equities in 2002.

The thing is, it’s a slippery slope.

Curiosity is natural. While there’s no harm in asking questions, the answer you receive—and whether or not you dwell on it—can have serious consequences.

In today’s post we’re going to discuss how much is too much profit, the proper time horizon for measuring returns, and an alternative method that has served me well.

Continue reading here: http://bit.ly/2DIrerP or visit the latest story below my bio and swipe up to read the post.