This video explains the concept of divergence between the price and the oscillator indicator — both regular and hidden divergences are described and shown on examples. Although the author of the video uses the indicators from the THV System, any oscillator indicator can be used for finding a divergence on a chart.
This is an introductory Forexvideo set up with the help of the MetaTrader 4 platform. This video will be useful to those who don’t yet know much about Forex and those who want to understand the mechanics of trading in this market. You’ll get the basic ideas on the candlestick charts, MT4 platform and moving average from this video.
This series of two Forex videos shows a trading example for the double top chart pattern, which is usually followed by the bearish trend a the pattern represents a reversal at the end of the uptrend. This videos show how GBP/JPY behaves after double top is encountered and how can you benefit from similar patterns in future.
This free Forexvideo shows all types of the representation of trading charts, including lines, bars and candlesticks and then explains the Heikin Ashi candlesticks, telling us why and how they are better than any other chart presentation tool and also how you can use them.
In Forex many indicators exist to help the traders to spot the trends on the charts. But if you trade using only the price action, without any indicators, you can spot the trends too. Watch this Forexvideo to learn how to spot trends using just the bare chart price action.
This free Forexvideo explores the one week old GBP/JPY daily chart when the currency pair was inside a strong trend consolidation pattern known as the symmetrical triangles. The author talks about the possible breakouts from this situation. As we already know now, the pair broke down with a strong bearish trend after this pattern. I recommend watching this video to understand how the forecasting works with such patterns and to find out more about how symmetrical triangles chart pattern can be traded in Forex.
This free Forexvideo evaluates the bearish trendline breakout that happened on Friday with the GBP/USD currency pair. After breaking down the pair also formed a pennant pattern on the chart. How could you benefit from this event?
This Forexvideotutorial for the line charts describes one of the most basic chart types. The line charts are often overlooked by the moderately experienced traders. This tutorial will show you how the line charts can be used in Forextrading.