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Trying to build a trading method exclusively based on candle signals will lead you to poor results. To interpret the meaning of the candle patterns in their main context is more important than recognizing the patterns themselves. In order to contextualize them properly and to build a trading methodology on that insight, additional resources are needed. This doesn't mean you have to plot 10 indicators on your chart - probably the use of one of them will be enough. Read More



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TOOLS: Candlestick patterns
REPORT: A Crash Course in Candlesticks - Sam Evans 
REPORT: Candlesticks and their whole picture - Tomas Decavicius 
VIDEO: Understanding The Creation Of Candles In Forex Trading - Sam Seiden
VIDEO: Candlestick Trading Strategies - Alex Ong




















Editors’ Picks

EUR/USD keeps the bearish vibe above 1.0870

EUR/USD keeps the bearish vibe above 1.0870

The EUR/USD pair trades on a negative note during the early European session on Tuesday. The major pair moves in a narrow range between 1.0866 and 1.0876 as traders prefer to wait on the sidelines ahead of the Federal Reserve's interest rate decision on Wednesday. 

EUR/USD News

GBP/USD attracts some sellers below the mid-1.2700s, all eyes on Fed, BoE rate decision

GBP/USD attracts some sellers below the mid-1.2700s, all eyes on Fed, BoE rate decision

The GBP/USD pair remains under some selling pressure during the early Asian session on Tuesday. The uptick in the US Dollar above 103.50 and higher US yields provide some support to the major pair. Markets turn cautious ahead of the central bank meetings, including the Federal Reserve and Bank of England interest rate decisions.

GBP/USD News

USD/JPY recaptures 150.00 and beyond, BoJ's Ueda in focus

USD/JPY recaptures 150.00 and beyond, BoJ's Ueda in focus

USD/JPY extends gains beyond 150.00, as the Japanese Yen stays vulnerable amid a classic 'sell the fact' trading on the hawkish BoJ decision. The BoJ lifted the interest rate to 0% for the first time since 2007 and abandoned the YCC framework. Ueda's presser awaited. 

USD/JPY News

Editors’ Picks

AUD/USD extends decline toward 0.6500 after RBA Bullock's presser

AUD/USD extends decline toward 0.6500 after RBA Bullock's presser

AUD/USD is extending losses toward 0.6500 in early Europe on Tuesday. The Aussie Dollar remains offered after the RBA held policy rate. Markets digest the less hawkish policy statement while Governor Bullock's words add to the Aussie's downside. 

AUD/USD News

USD/JPY recaptures 150.00 and beyond, BoJ's Ueda in focus

USD/JPY recaptures 150.00 and beyond, BoJ's Ueda in focus

USD/JPY extends gains beyond 150.00, as the Japanese Yen stays vulnerable amid a classic 'sell the fact' trading on the hawkish BoJ decision. The BoJ lifted the interest rate to 0% for the first time since 2007 and abandoned the YCC framework. Ueda's presser awaited. 

USD/JPY News

Gold price hangs near one-week low, looks to Fed decision on Wednesday for fresh impetus

Gold price hangs near one-week low, looks to Fed decision on Wednesday for fresh impetus

Gold price struggles to capitalize on the previous day's bounce from the $2,145 region and oscillates in a range during the Asian session on Tuesday. Hawkish Fed expectations, elevated US bond yields and a bullish USD cap the upside. 

Gold News

Why is the crypto market crashing?

Why is the crypto market crashing?

The two most important contribution to the ongoing bull market is the meteoric rise in Bitcoin due to the ETF approval and the sudden interest spike in Solana ecosystem. But the recent move suggests that the upward momentum is dissipating and a correction looms. 

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Lots of tension ahead of this week's Fed decision

Lots of tension ahead of this week's Fed decision

Last week, we got a strong round of US economic data accompanied by hotter US inflation reads. The takeaway of course is that there might be a lot more pressure on the Fed to be looking to scale back its rate cut outlook at this week’s meeting.

Read more

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