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Trade Like A Pro With the Best FOREX TRADING COURSE. Flrex typical chart pattern is best traded after a strong currency pair up - or downtrend and can be defined by an easy set of trading rules. A trader can confirm the reversal trade using a technical indicator such as DMI or MACD. Point traidng : The high in an up trending currency market.

Point 2 : A downward correction in the up trend, the lowest bar in the correction before the price tradijg back up to point 3. Point 4 : Go short 1 pip below point 2. The reverse is true when applying these basic rules tradinng long trades but now:. Point 1 : The low in a down trending currency market. Point 2 tfading An upward correction in the downtrend, the highest bar in the correction before the price falls back up point 3.

Point 4 : Go long 1 pip above point 2. Your details are strictly protected, safe and never be sold or shared. We hate spam as much as you do. Forex time real trading 123 information about our privacy Policy. Metatrader forex time real trading 123 Forex Brokers. Brokers With Free Forex Signals. Social Trading Forex Brokers. FSA UK Forex Brokers. Forex Brokers For Scalping. Forex Brokers For Hedging.

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Find A Forex Job. Any articles, systems, strategies, reviews, ratings, news, research, analyses, prices or other information contained on this website, by Aboutcurrency. By using this site, you agree to the Terms of Use and Privacy Policy. A reversal chart pattern is build up of 4 definable froex, known as point 1, 23 and 4. A collection of forex systems, indicators and strategies, includes the Forex Analyzer PRO.

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