Japanese Candlesticks Analysis 22.04.2015 (EUR/USD, USD/JPY) – CountingPips (blog)

Currency trading in the foreign exchange market, or foreign exchange, needs some understanding and understanding of how the marketplace works. As soon as you have a fundamental understanding of how the foreign exchange works, you can then using the pointers offered in this post to additional enhance your efficiently trading currency in this market.

Japanese Candlesticks Analysis 22.04.2015 (EUR/USD, USD/JPY)CountingPips (blog)As we can see at the H4 chart of EUR USD, the correction within the downtrend continues. Morning Star Doji pattern indicates an ascending movement. Three Line Break chart shows a bearish movement; Heiken Ashi candlesticks confirm an ascending ……Japanese Candlesticks Analysis 22.04.2015 (EUR/USD, USD/JPY) – CountingPips (blog)

Make a checklist that must be followed prior to getting in a new foreign exchange trade. A checklist forces you to slow down and double check that the trade is genuinely a bargain. Created a list of requirements that are needed for all deals, and afterwards evaluate this list whenever you are thinking of making a trade. This keeps you from getting caught up in the excitement of a new trend.

More to learn on Japanese candle stick patterns

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