Kathy Lien
BKTraders and Prop Traders Edge
After years of trading experience, I've identified why understanding the most bullish and bearish candlestick patterns is the game-changing skill that separates successful traders from the rest. It's time for traders to stop getting caught in chart confusion and start trading with precision!
Key insights
- The power of momentum patterns - Learn why identifying key candlestick formations can give you cleaner, more predictable trading signals
- Bullish vs bearish analysis - Master the art of spotting strength and weakness through candlestick patterns for maximum profit potential
- Visual trading intelligence - My exact method for instantly recognizing the most powerful candlestick patterns each day
- Market psychology strategy - How to read the story behind price action and avoid false signals that can silently destroy your trading account
I break down real examples using both bullish and bearish patterns, revealing exactly how to identify momentum shifts and capitalize on market psychology for consistent gains. Learn which candlestick formations provide the strongest signals and how to confirm them with proper context and trend analysis.
Past performance is not indicative of future results. Trading forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial advisor if you have any doubts.
Editors’ Picks
EUR/USD trims gains, nears 1.1700
The EUR/USD pair eases in the American afternoon and approaches the 1.1700 mark. The pair surged earlier in the day after the ECB left interest rates unchanged and upwardly revised inflation and growth figures. The US CPI rose 2.7% YoY in November, nearing Fed’s goal.
GBP/USD steadies below 1.3400 as traders digest BoE policy update and US inflation data
The GBP/USD pair stalls the previous day's pullback from the vicinity of mid-1.3400s and a nearly two-month high, though it struggles to attract meaningful buyers during the Asian session on Friday. Spot prices currently trade around the 1.3380-1.3385 region, up only 0.05% for the day, amid mixed cues.
USD/JPY extends gains above 156.00 after the expected BoJ rate hike
USD/JPY sees a fresh leg higher and regains the 156.00 level in Friday's Asian trading. The Japanese Yen loses further ground, digesting the Bank of Japan's (BoJ) expected 25 bps rate hike to 0.75%. Traders now look to Governor Ueda's press conference for fresh directives.
Editors’ Picks
USD/JPY extends gains above 156.00 after the expected BoJ rate hike
USD/JPY sees a fresh leg higher and regains the 156.00 level in Friday's Asian trading. The Japanese Yen loses further ground, digesting the Bank of Japan's (BoJ) expected 25 bps rate hike to 0.75%. Traders now look to Governor Ueda's press conference for fresh directives.
AUD/USD remains sidelined above 0.6600 amid a steady US Dollar
AUD/USD steadies above 0.6600 in the Asian session on Friday, following the previous day's two-way price swings and a positive close. Against the backdrop of the RBA's hawkish stance, a positive risk tone is seen acting as a tailwind for the Aussie. The US Dollar looks to stabilize the softer US CPI-led slide, capping the pair's upside.
Gold declines despite Fed rate cut hopes as US inflation cools
Gold price keeps pushing lower below $4,350 in Asian trading hours on Friday. The precious metal stays in the red due to some profit-taking and weak long liquidation from shorter-term futures traders.
Top Crypto Losers: Pump.fun, Pudgy Penguins, and Hyperliquid extend bearish streak
Pump.fun, Pudgy Penguins, and Hyperliquid lose ground in an extended bearish streak, recording double-digit losses this week. The surprise drop in the November US Consumer Price Index to 2.7%, beating expectations of 3.1%, fueled a rally in the stock market.
Bank of England cuts rates in heavily divided decision
The Bank of England has cut rates to 3.75%, but the decision was more hawkish than expected, leaving market rates higher and sterling slightly stronger. It's a close call whether the Bank cuts again in February or March.
RECOMMENDED LESSONS
Making money in forex is easy if you know how the bankers trade!
I’m often mystified in my educational forex articles why so many traders struggle to make consistent money out of forex trading. The answer has more to do with what they don’t know than what they do know. After working in investment banks for 20 years many of which were as a Chief trader its second knowledge how to extract cash out of the market.
5 Forex News Events You Need To Know
In the fast moving world of currency markets where huge moves can seemingly come from nowhere, it is extremely important for new traders to learn about the various economic indicators and forex news events and releases that shape the markets. Indeed, quickly getting a handle on which data to look out for, what it means, and how to trade it can see new traders quickly become far more profitable and sets up the road to long term success.
Top 10 Chart Patterns Every Trader Should Know
Chart patterns are one of the most effective trading tools for a trader. They are pure price-action, and form on the basis of underlying buying and selling pressure. Chart patterns have a proven track-record, and traders use them to identify continuation or reversal signals, to open positions and identify price targets.
7 Ways to Avoid Forex Scams
The forex industry is recently seeing more and more scams. Here are 7 ways to avoid losing your money in such scams: Forex scams are becoming frequent. Michael Greenberg reports on luxurious expenses, including a submarine bought from the money taken from forex traders. Here’s another report of a forex fraud. So, how can we avoid falling in such forex scams?
What Are the 10 Fatal Mistakes Traders Make
Trading is exciting. Trading is hard. Trading is extremely hard. Some say that it takes more than 10,000 hours to master. Others believe that trading is the way to quick riches. They might be both wrong. What is important to know that no matter how experienced you are, mistakes will be part of the trading process.
The challenge: Timing the market and trader psychology
Successful trading often comes down to timing – entering and exiting trades at the right moments. Yet timing the market is notoriously difficult, largely because human psychology can derail even the best plans. Two powerful emotions in particular – fear and greed – tend to drive trading decisions off course.