Market Trend and Trend Lines
Trend lines analysis believe that the market moves in a channel with 3 touches on the trend line. Basically, when the market trends it will be forming swing highs and swing lows. Now, if you want to follow the trend…
Norbert Kimaryo
Candlestick Patterns and Chart Patterns
#Now that we are aware of price foundation, let us shift our minds to the signs of strength that the market can give us when they reach areas of support or resistance (the potential reversal areas). Candlestick Patterns: The basic…
Fair Value Prices : Bulls and Bears
Fair Value: In investing, fair value refers to an asset’s sale price agreed upon by a willing buyer and seller, assuming both parties are knowledgeable and enter the transaction freely. One of the importance of financial markets is price discovery.…
Price Foundation
Swing high (Bearish Fractal) Ideal setup of having two lower candles on the left and right and a higher candle in the middle. Swing low (Bullish Fractal) Ideal setup having two higher candles on the left and right and a…
Technical Analysis
Technical analysis simply means speculation using the charts. Here we look on price action and chart patterns. We also use indicators. Things to learn: price behavior candlestick patterns chart patterns trend lines indicators Trade under FxSway broker. Broker made by…
Assets in Forex Market
Apart from the currency pairs, we also have other instruments that are traded in FX market: Indices e.g. NASDAQ An index (plural indices) measures the price performance of a basket of securities using a standardized metric and methodology. Commodities e.g. Gold A…