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link to Support and Resistance Levels: 2 Ways to Win

Support and Resistance Levels: 2 Ways to Win

In Forex trading, one of the fundamental skills you need to master is identifying Support and Resistance levels on your price charts.  These critical levels serve as floors and ceilings in...

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link to Morning Star and Evening Star: High Confidence Reversals

Morning Star and Evening Star: High Confidence Reversals

The Bullish Morning Star and Bearish Evening Star are important indicators among many candlestick patterns. These patterns serve as visual representations of potential reversals in market...

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link to One White Soldier and One Black Crow: 2 Must-Know Patterns

One White Soldier and One Black Crow: 2 Must-Know Patterns

The One White Soldier and One Black Crow are distinctive Japanese candlestick patterns foreshadowing potential market reversals.  Each pattern, characterized by a specific arrangement of...

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link to Bullish and Bearish Harami: Find Reversals with Confirmation

Bullish and Bearish Harami: Find Reversals with Confirmation

Bullish and Bearish Harami patterns help forecast Forex market reversals and are a popular Japanese Candlestick strategy. In this article, I will review chart patterns, discuss how to identify...

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link to Bullish and Bearish Engulfing Patterns: Confirmation is King

Bullish and Bearish Engulfing Patterns: Confirmation is King

The Bullish and Bearish Engulfing patterns are fundamental among the many Candlestick Patterns available.   In Forex trading, Japanese Candlestick Patterns are essential for technical...

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link to Learn the Rounding Bottom Pattern: 3 Confirming Indicators

Learn the Rounding Bottom Pattern: 3 Confirming Indicators

The Rounding Bottom Chart Pattern emerges as a significant and telling pattern, offering insights into possible market reversals.  This pattern is crucial for traders as it often signifies a...

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About

I'm Alan Posner, and I've been trading Forex since 2007. What I know is Position Forex trading is the best, most consistent way to earn money trading Forex. Join me on my journey, and I'll share with you what I've learned and what I see coming next in Forex.

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    This week’s selloff has a chance of validating last week’s Shooting Star candle. It’s only Tuesday, so there’s still much time left, but if the DXY does fall here, the
  • How to Read a Forex Chart and 5 Ways to Enhance AnalysisApril 3, 2025
    Understanding how to read a Forex chart is essential for trading success.  A Forex chart is a powerful tool for analyzing currency price movements, helping you make informed decisions.  Whether
  • No Tariffs for Canada?April 2, 2025
    Trump’s tariff announcement today provides limited clarity about the longer-term impacts, but most economists predict they will drag on economic performance. This can negatively affect the USD. Interestingly, Canada was
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