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Learn a wide variety of currency trading strategies based on candlesticks, trend lines, chart patterns, triangles, doji, flags, pennants, reversal patterns,…

Shooting Star Forex Strategy

The Shooting Star forex strategy is made up of one reversal candlestick pattern and one exponential moving average for trend direction. This is a great reversal strategy used to trade short-term rallies found in a bearish market. The shooting star pattern is made up of one candlestick with a small body and little or no […]

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Hammer Candlestick Forex Strategy

The Hammer candlestick is considered to be a bullish reversal pattern. It’s made up of 1 candlestick with a small body at the top and a long lower wick. The Hammer candlestick forex strategy explains how to use the Hammer candlestick in uptrending markets. Hammer Candlestick Setup Chart Setup Indicators: 100 Period Exponential Moving Average, […]

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Forex Engulfing Pattern Strategy

A forex trading strategy based on Engulfing candlestick patterns. The system consists of 3 indicators: the 100 exponential moving average, the MACD indicator with default settings and the Candlestick_Recognition_Master custom built Metatrader 4 indicator. We will be using this custom indicator to identify Engulfing candlestick patterns on autopilot. Chart Setup Indicators: 100 Period Exponential Moving […]

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