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Educational Materials
- Pin Bar, Hammer, Shooting Star – Candlestick patterns, how they appear on charts and how to trade them.
- Outside and Inside Bars – Key candlestick patterns: outside bar (engulfing) and inside bar, with examples on charts.
- Railroad Tracks and Tweezer – How these patterns look on charts, their key characteristics, and the most effective ways to trade them.
- Support and Resistance Levels – Horizontal, role reversal, and sloping support and resistance levels, how they form, appear on charts, and how to trade them.
- Trend Lines – Methods for drawing trend lines and how to trade them on a rebound or breakout.
- Channels – Sloping, ascending, descending, and horizontal, how to draw them on charts and trade using them.
- Rectangle Pattern – Its markup on charts, how it differs from a channel, and how to trade it.
- Flag and Pennant Patterns – How they form, their description, and trading methods.
- Triangle Pattern – Ascending, descending, symmetrical, and broadening. Description and trading methods.
- Diamond Pattern – How it forms, how to identify it on charts, and how to trade it successfully.
- 123 Pattern – What the 123 pattern is, how it forms, how it looks on charts, and how and where it is best traded.
- Double Top and Double Bottom – How they appear on charts and how to trade these patterns.
- Head and Shoulders – How it forms, how to identify it on charts, and how to use it in trading.
- False and True Breakouts – Why they happen and how to trade breakouts of horizontal and sloping levels.
- Trend – How to identify it and what methods are used to trade a trend.
- Sideways Market – How to identify consolidation on charts and trade in wide and narrow sideways markets.
Additional Materials
Additional educational articles from the
Publications for Traders section.
- Gaps in Trading – What are gaps, why they occur in Forex and stock markets, and how to trade them.
- Leverage – Leverage in Forex: understanding its effect on trade size, gains, and losses through practical examples.
- Candlesticks and Bars – Chart types: Japanese candlesticks, bars, line, and OHLC – how price is displayed on charts.
- Currency Pairs – What Forex currency pairs are and how major, minor, and exotic pairs are formed.
- Direct and Indirect Quotes – Direct and indirect quotes on Forex. How to convert an indirect quote into a direct one and vice versa. What cross rates are.
- Bid, Ask, and Spread – What are the spread, bid, and ask prices. Examples of trades at bid and ask prices, considering the spread.
- Pending Orders – What types of pending orders exist and how to place stop and limit orders: buy/sell stop, buy/sell limit, stop loss, take profit.
- Trailing Stop – How a trailing stop works: advantages, disadvantages, and usage examples.
- Instant and Market Execution – Advantages, disadvantages, and key differences of instant and market order execution in Forex trading.