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Topics - best forex
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« on: December 09, 2018, 10:53:23 AM »
best forex signals from Bearish Engulfing Pattern summary Published by bestsignals Bearish REVERSAL Engulfing Pattern properties to make the best forex signals free 1. Two candle pattern 2. The first candle has an open real body, in line with the Bull trend 3. The second candle has a filled real body 4. The second candle’s real body surrounds the real body of the first 5. The size and position of the shadows on either candles does not matter 6. The market is in an uptrend when the pattern appears best forex signals from Bearish Engulfing Pattern summary The Bearish Engulfing Pattern is a two candle pattern in a rising market where the second candle has a filled real body that surrounds the open real body before it. This is generally a strong reversal pattern as it often takes a lot of effort and achievement from the bears for it to form. It is one of my particular favourites for this reason. Also it usually coincides with the Western bearish outside day. It should be ignored at your peril! Candlestick Charts Engulfing patterns versus outside days There is a pattern in Western analysis called a bearish outside day, or a key reversal day. The rule set for this is a bear day in a rising market with a high above the previous day’s high and a low below the previous day’s low. In other words the day’s range is outside that of the day before, and a weak close is posted. This is pretty similar to an Engulfing Pattern, but not always, as the candlestick version doesn’t necessarily require a greater range on day two, just a larger (filled) real body. In other words the range doesn’t have to come into the equation BEST forex signals presents free forex trading signals live with Entry, Take Profit and Stop Levels. The best free forex signals send via email, website, SMS, WhatsApp from www.best-forexsignals.com
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« on: December 04, 2018, 11:36:33 AM »
Guidelines to trade by using Rectangles In a rectangle, price moves horizontally between overhead resistance and underlying support best forex signals and Breakout A breakout occurs when price closes outside the boundary of a chart pattern. Touches There should be at least two touches of each trend line. Trend lengths A short-term trend lasts up to three months. An intermediate term or secondary trend lasts between three and six months. A long-term trend or primary trend lasts longer than six months Tops have price trending into a chart pattern from the bottom, and bottoms have price trending into a chart pattern from the top The price velocity leading to and exiting from a chart pattern are often similar even if the direction is reversed. Undershoot or overshoot Both undershoot and overshoot occur before a chart pattern begins. Undershoot happens when price briefly dips below the entrance of a chart pattern. Overshoot happens when price briefly soars above it. A rectangle forms because traders want to own the stock at two fixed prices, one low and one high, setting limits (for a time) on how far price moves. Prices trend up to the formation and then oscillate between two horizontal trend lines before breaking out upward. Measure rule and take profit for best forex signals Measure the height of the rectangle from trend line to trend line. For upward breakouts, add the height to the top trend line; for downward breakouts, subtract it from the bottom trend line. The result is the minimum expected move. For a maximum price target, measure the length of the rectangle and extend it vertically above the top trend line (for upward breakouts) or below the bottom one (downward breakouts). The price becomes the maximum expected move. Wait before place forex trading signals for breakout Since you cannot be sure in which direction a rectangle will break out, wait for prices to close outside the trend line before fx trading in the direction of the breakout. Tall rectangle scalp If the rectangle is tall enough, sell or sell short near the top trend line and buy or cover near the bottom one. Watch for rectangles forming as the corrective phase of a measured move up formation and adjust the target price accordingly. Rectangle reversals sometimes appear as flat top formations. BEST forex signals presents free forex trading signals live with Entry, Take Profit and Stop Levels. The best free forex signals send via email, website, SMS, WhatsApp from www.best-forexsignals.com
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« on: December 03, 2018, 09:54:50 AM »
Guidelines to trade by Head and Shoulders tops A head-and-shoulders top is a three-peak reversal pattern with a centrally located head priced above two adjacent (shoulder) peaks. The pattern confirms as a valid best forex signals when price closes below the neckline or right armpit. Upward price trend Look for an upward price trend leading to a head and shoulders top. Three peaks The head-and-shoulders top is a three-peak pattern with the middle peak above the other two. The three peaks and two armpits (valleys between the peaks) should be well-defined minor highs and lows. Symmetry The entire pattern has a symmetrical feel to it. The left and right shoulders should have similar distances from the head; both shoulders should top out near the same price, and be positioned on either side of the head If a head-and-shoulders top does not resemble a human bust, then it is not a head-and-shoulders top. Get the best forex signals Chart patterns that form well into a price trend may signals the end of the trend. Measure rule Compute the formation height by subtracting the value of the neckline from the highest high reached in the head, measured vertically. Subtract the result from the breakout price where prices pierce the up-sloping neckline, or, if the neckline slopes downward, closes below the right shoulder low. The result is the minimum target price to which prices descend. Alternatively, compute the formation height from the highest high to the daily low price in the higher of the two troughs. Subtract the result from the daily high price in the higher of the two troughs to get the target price. This method boosts the success rate and does not BEST forex signals presents free forex trading signals live with Entry, Take Profit and Stop Levels. The best free forex signals send via email, website, SMS, WhatsApp from www.best-forexsignals.com
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« on: December 02, 2018, 09:59:49 AM »
Guidelines for trading by Ascending Triangles Ascending triangles are wedge-shaped patterns that break out most often upward. The triangle can act as a reversal or continuation of the existing price trend. Horizontal top line Price along the top follows a horizontal trend Up-sloping bottom line Price makes a series of higher valleys, following a trendline. The two trendlines converge Price crossing Price must cross the pattern from side to side, filling the triangle with movement. Avoid patterns with excessive white space in the center of the triangle Breakout Can be in any direction, but is upward the majority of the time. When searching for ascending triangles, make sure price crosses the chart pattern from side to side several times. Price should not be bunched up near the start nor near the end with an empty white hole in the middle An ascending triangle forms because of increasing demand at lower prices matched with selling at a constant price. The breakout from an ascending triangle is upward 64 percent of the time based on research completed in 2011 using over 1,600 ascending triangles in both bull and bear markets. The apex of a triangle is where price tends to form a short-term peak or valley. Measure rule Compute the height of the formation at the start of the triangle. Add the result to the price of the horizontal trend line (upward breakout) or subtract it from the break price (downward breakout). The result is the minimum price target. For trading signals Wait for confirmation Buy the pair when price closes beyond the trend line. Sell on measure rule and best forex signals For short-term traders sell trading signals generate when pair nears the target (see measure rule). For intermediate- and long-term traders, hold the pair until fundamentals or market conditions change. Sell on downward breakout If you own the stock and it breaks out downward, sell. If you do not own it, sell it short. Should the stock pull back, that is another opportunity to sell, sell short, or add to your short position. BEST forex signals presents free forex trading signals live with Entry, Take Profit and Stop Levels. The best free forex signals send via email, website, SMS, WhatsApp from www.best-forexsignals.com
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« on: December 01, 2018, 11:22:17 AM »
Guidelines of Descending Triangles A triangular-shaped pattern bounded by two trend lines, the bottom one horizontal and the top one sloping down, that intersect at the triangle apex Horizontal support A horizontal (or nearly so) base acts to support prices. Prices line should touch the base at least twice (at least two minor low that either touch or come close to the trend line). Down-sloping top A down-sloping price trend that eventually intersects the horizontal base line at the apex. Prices should rise up and touch (or come close to) the sloping trend line at least twice, forming two distinct minor highs. Breakouts and entry for best forex signals Usually occur on very high volume that diminishes over time. However, prices can also break out on low volume. Price action after breakout Prices usually move down quickly, reaching the ultimate low in a straight-line fashion. Pullbacks occur about half of the time. price target Calculate the height of the formation by subtracting the highest high from the lowest low. Subtract the height from the value of the lower trend line to get the predicted minimum price decline. Alternatively, draw a line parallel to the down-sloping trend line starting at the lower left corner of the formation. The value of this line where prices break out of the formation becomes the target price. For upward breakouts, add the height to the price where it pierces the top trend line. Best forex trading signals Since the breakout direction is unknown, always wait for the break out to occur. After a downward breakout, sell short immediately or after prices pull back to the triangle base and start moving down again. Another way to play the formation is to wait for an upward breakout then buy the pair . KEY POINT: A descending triangle is a wedgeshaped chart pattern that breaks out downward most often. It can act as a reversal or continuation of the price trend. SMART INVESTOR TIP If price touches the bottom trendline only twice, it should touch the down-sloping trendline at least three times. This is not a requirement, but fi ve touches for many chart patterns works well to help avoid selecting boneheaded ones. SMART INVESTOR TIP Avoid excessive white space between the two trendlines when selecting descending triangles. Price should cross the triangle plenty of times to fi ll the area. KEY POINT: A descending triangle forms when buyers acquire the pair at a fi xed price, forming a line of support. Others sell when the stock becomes overpriced. SMART INVESTOR TIP It is helpful to look at a price chart without any trendlines connecting the pattern boundaries to make sure that what you are seeing is really a chart pattern. Can you draw each trendline a different way, by connecting other nearby peaks or valleys? Will others see the same pattern as you? If there are doubts, then skip the pattern and look for another one. BEST forex signals presents free forex trading signals live with Entry, Take Profit and Stop Levels. The best free forex signals send via email, website, SMS, WhatsApp from www.best-forexsignals.com
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« on: November 30, 2018, 06:27:18 AM »
Guid lines for trading Symmetrical Triangles Generate best forex signals by using Symmetrical Triangles Two sloping and converging trendlines Price follows two sloping trendlines that join at the triangle apex Price crossing Price must cross the pattern from side to side, filling the triangle with movement. Avoid patterns with excessive white space in the center of the triangle A symmetrical triangle appears like an angel fish bounded by two converging trendlines. The breakout can be in any direction. Breakout Can be in any direction. Duration Should be longer than three weeks; otherwise they could be pennants. Symmetrical triangles should be at least three weeks long; otherwise they are pennants. Pennants always rest upon a flagpole (a straight-line price run), so if the pole is missing, the pattern is a symmetrical triangle. Confirm Price confirms many patterns when the pair closes outside the pattern boundaries. For example, in a double bottom, price must close above the highest peak between the two bottoms; otherwise, it is not a double bottom. To avoid selecting bogus symmetrical triangles, look for at least three touches of each trendline when to place best forex signals Trade with trend As consolidations, prices usually leave the triangle in the same direction as when they enter. Measure rule Compute the formation height by subtracting the lowest low from the highest high. For upward breakouts, add the difference to the highest high or for downward breakouts, subtract the difference. Alternatively, symmetrical triangles can be halfway points in a move, so project accordingly. BEST forex signals presents free forex trading signals live with Entry, Take Profit and Stop Levels. The best free forex signals send via email, website, SMS, WhatsApp from www.best-forexsignals.com
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« on: November 27, 2018, 02:11:00 PM »
Guidelines for Support and Resistance Overhead resistance Overhead resistance occurs when selling pressure overcomes buying demand, sending price lower—at least for a time. Support Underlying support occurs when buying demand overcomes selling pressure, putting a temporary floor beneath the stock Support areas can act as resistance and resistance areas can act as support. Horizontal consolidation regions A horizontal consolidation region is an area of horizontal price movement that has lots of price overlap with a flat bottom, flat top, or both. When price bumps against it, the forex pairs often reverses direction or stalls. Long and tight HCRs (lots of price overlap) work better than do short or loose ones (meandering price). Do not place orders to buy and sell trading signals , or place stop loss orders at numbers ending in zero. That is where everyone else will place their trading orders , perhaps triggering unusual price moves Use the next closest round number (a number ending with a zero) to guess where price is going to stall or reverse, even if the forex has never climbed that high Objects that show support will often show resistance in the future and vice versa. BEST forex signals presents free forex trading signals live with Entry, Take Profit and Stop Levels. The best free forex signals send via email, website, SMS, WhatsApp from www.best-forexsignals.com
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« on: November 21, 2018, 01:38:17 PM »
Guidelines to trade by Head and Shoulders Bottoms
• A head-and-shoulders bottom is a three-valley chart pattern that resembles a person’s bust, inverted. The head is below the adjacent shoulders, and it acts as a reversal of the downward price trend.
• Downward price trend Look for a short-term price trend leading down to the head and shoulders bottom. Three valleys The head and shoulders is a three valley pattern with the middle valley bottoming below the other two. The three valleys and two armpits (peaks between the valleys) should be welldefined minor highs and lows.
• Symmetry The entire pattern has a symmetrical feel to it. The left and right shoulders should have similar distances to the head; both should bottom at or near the same price, and be positioned on either side of the head will improve fx trading signals
• Neckline, confirmation The neckline is a line drawn across the two armpits. A close above this line confirms the head-and-shoulders as a valid chart pattern. For upsloping necklines, use a close above the right armpit as the confirmation price
• If the neckline slopes upward from a head-and-shoulders bottom, use a close above the right armpit as confirmation instead of a close above the neckline.
• How to generate your trading signals
Measure rule Compute the formation height by subtracting the lowest low
reached in the head(s) from the neckline, measured vertically. Add
the result to the breakout price where prices pierce the neckline.
The value is the minimum target price.
Trade inner head Trade the inner HSB. That approach will allow you to get in at a
and shoulders good price. See Chapter 24 on head-and-shoulders bottoms for
specific trading hints.
Stop loss Stocks sometimes decline to the lowest of the right shoulders then
turn around. Look for support areas near the shoulders. Place a
stop-loss order 0.15 below the lowest shoulder or head.
Watch for Buy or add to the position during a throwback. Wait for prices to
throwback finish falling before placing the trade as prices sometimes throw
back and continue moving down.
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« on: November 20, 2018, 06:19:19 AM »
Guidelines for Support and Resistance Overhead resistance Overhead resistance occurs when selling pressure overcomes buying demand, sending price lower—at least for a time. Support Underlying support occurs when buying demand overcomes selling pressure, putting a temporary floor beneath the stock Support areas can act as resistance and resistance areas can act as support. Horizontal consolidation regions A horizontal consolidation region is an area of horizontal price movement that has lots of price overlap with a flat bottom, flat top, or both. When price bumps against it, the forex pairs often reverses direction or stalls. Long and tight HCRs (lots of price overlap) work better than do short or loose ones (meandering price). Do not place orders to buy and sell, or place stop loss orders at numbers ending in zero. That is where everyone else will place their trading orders , perhaps triggering unusual price moves Use the next closest round number (a number ending with a zero) to guess where price is going to stall or reverse, even if the forex has never climbed that high Objects that show support will often show resistance in the future and vice versa. Get best free forex signals via email, website, SMS, WhatsApp from www.best-forexsignals.com best forex signals presents free forex trading signals live with Entry, Take Profit and Stop Levels. Example of signals from BEST forex signals gold buy @ 1192 tp @ 1206 sl @ 1185. Coverage of Gold , EUR USD , GBP USD , GBP JPY, USD JPY …
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« on: November 16, 2018, 02:38:36 PM »
The best chart pattern for forex trading signals
Elliott Wave pattern
Zigzag
A zigzag is a sharp, three-wave corrective pattern, labeled A-B-C. Wave A is always an impulse or leading diagonal, and wave C is always an impulse or ending diagonal.
Wave B is always a corrective wave, that is zigzag, flat, triangle or combination. Therefore, we call the zigzag a 5-3-5 structure
In a zigzag, wave B can never go beyond the start of wave A, and wave C almost always goes beyond the end of wave A. If wave C does not go beyond the end of wave A, it is called a truncated wave C. Zigzag corrections can take the form of one, two, or three zigzags. Three zigzags appear to be the limit.
zigzags A zigzag is a simple three-wave correction that subdivides into wave A (five waves), wave B (three waves), and wave C (five waves)
Measured Move
The best forex signals provider [URL REMOVED] based on the Measured Move pattern to send forex signals because it easy and popular
Measured Move Up : Prices move up, retrace, and then move up Again.
The Measured Move is a three-part formation. The Bullish Measured Move consists of a first leg uptrend , bearish correction/consolidation, and second bullish leg or wave.
First leg
Most times prices follow a trend channel upward before entering
the corrective phase.
Corrective phase
Prices decline, usually between 40% to 60% of the first leg move .
Second leg
Prices rise, loosely following the slope of the trend line set by the
first leg. Prices commonly fit inside a channel as they rise, but this
behavior is not a prerequisite
Measure rule
Calculate the height of the first leg from highest high to lowest
low. Add the difference to the lowest low in the corrective
phase. The result is the expected target price. For a more
conservative measure, use half the first leg height. Decide if the
predicted move is worth the risk of a trade.
in classic technical analysis patterns called The AB=CD pattern
the zigzag pattern is the most important pattern we used in best forex signals to generate forex signals
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