Why Most Candlestick Patterns Are Useless

Candlestick patterns are in use in some way shape or form by the majority of retail traders trading the forex market. The two most well know patterns are the engulfing candle and the pin bar ( often referred to as…

A Simple Supply And Demand Indicator You Can Use On MT4

Important Note: You can now receive supply and demand zones for all 4 major currencies sent to your inbox each day by signing up, just use the form found below the summary of this article. A significant amount of forex…

The Two Types Of Supply And Demand Zone

Anyone who’s learned to how to trade supply and demand from Sam Seiden will know about the two types of zone he looks for in the market, what Seiden doesn’t talk about is the differences between these two types of…

How To Easily Draw Support And Resistance Lines

One of the first skills you have to learn as a price action trader is how to draw support and resistance lines (or levels as they’re sometimes called). Drawing correct support and resistance lines is no easy task for a…

Supply And Demand Zones Inside Breakout Zones

A few weeks ago I released an article detailing my method for trading retests at breakout levels. One of the main points I try to make in the article was the idea of drawing breakout levels using zones instead of…

The Three Types Of Trend Reversal

It may come as a surprise to you to know there are only three types of trend reversal which can occur in the forex market. By understanding which of these three reversals is taking place, you are able to draw several…

Understanding Pullbacks Using Fibonacci Retracements

Finding out where a pullback is likely to end is a goal in the mind of many a forex trader, there are a few different technical analysis tools traders use to try to solve this problem, perhaps the most popular…

How To Trade Retests Of Breakout Levels

Breakouts are one of the things you will see taking place all day in the forex markets. The majority of breakouts end up being false breaks which means the market doesn’t actually end up moving in the direction of the…

Warning Signs Of A Supply And Demand Zone Failure

One of the things supply and demand traders are interested in is knowing when the zones may be about to fail. Whilst there is no sure shot way of knowing for sure whether a zone is going to fail or…

Second Entry Supply And Demand Zones

A common problem people have when trading supply and demand zones is missing the optimal entry into trades. Usually traders will identify a zone and watch the market for an entry either by using a pending order or a price…