Author Archives: Winstone Market
Why use price action analysis in Trading?
Price Action Analysis : Price action describes the characteristics of a security’s price movements. This movement is quite often analyzed with respect to price changes in the recent past. Price action analysis is the act of studying, reading and interpreting the price movement of a market over time, which involves the use of raw price [...]
Learn about forex trading to be successful
If you are a beginner and keen understand about Forex trading. It gives you the basic knowledge and learn how to be successful in forex trading. This book covers : ♦ Basic and Common trading knowledge ♦ Fundamental and Technical Analysis. ♦ Fibonacci constants and Elliott waves theory ♦ Trade systems and many essential topics!
Engulfing Pattern Strategy
Ability to spot reversal patterns when they form is important skill for the traders. One of the popular reversal patterns is the bullish engulfing pattern. It consists of 2 candlesticks, the first one is bearish and the second one is bullish. In this pattern the second bullish candlestick “engulfs” the bearish candlestick before it. Here is [...]