I’ve been creating and publishing several lessons to this site over the past few days. Taken in isolation, they may seem unrelated to each other and confusing.

To help make the lessons simpler and easier to understand, I’ve put them all on one page with a summary of each lesson under the link. Over time, as [...]

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What are Swing Highs and Swing Lows? How do you define what a Swing High or Swing Low is?

When you are trading with charts, knowing this basic price pattern comes in very useful in identifying when prices have put in a swing high or swing low.

Together with Support and Resistance levels, candlestick patterns and other [...]

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All markets go through natural cycles and form a rhythm. When you understand these cycles and can identify them, it simplifies your trading tremendously giving you more confidence to trade.

All markets go through the four basic stages:

Consolidation after a prolonged downtrend.
The Uptrend.
Consolidation after a prolonged uptrend.
The Downtrend.
Rinse and Repeat.

To help you understand market stages better, [...]

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There are many reasons why traders fail, but chief among those reasons is they don’t understand the reality of trading.

With so many promises, trading systems, claims and companies saying trading is easy, it’s no wonder why so people get a rude awakening when they start trading.

It’s one thing to for a trader who has money [...]

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Fibonacci Ratios can be used in the financial markets to find potential support and resistance levels. They can also be used to find potential price targets.
If you’ve ever wanted to learn how to use Fibonacci Ratios in your trading, I’ve put up two pages on how to use the Fibonacci Retracement and Expansion (a.k.a. Extension) [...]

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This is the 4th follow up on the USDCAD Head and Shoulders Pattern lesson. The first 3 posts can be found here:

USDCAD Head and Shoulders 1
USDCAD Head and Shoulders 2
USDCAD Head and Shoulders 3

The USDCAD hit the first 2 targets and paused, before continuing lower. It has now hit the FE 161.8 target.

Will it go [...]

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There are 3 new pages on this site on using charts to trade the forex. It took me about 2 hours to create each page, so I hope there are some things that you can learn from them!

Here are the 3 new pages:

Using Trend Lines
Identify Support and Resistance Levels using Historical Price
Reading and [...]

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I’m creating a series of forex trading basics to put up on this site to help you become a better trader. They won’t be very complicated stuff, because I really prefer simple trading concepts that work.

When things get too complicated, too many things can go wrong at the same time which makes it harder to [...]

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This is a follow up post on the USDCHF 1-2-3 chart pattern breakout with ADX determining trend strength. The first two posts can be found below:

USDCHF Trend Strength Part 1
USDCHF Trend Strength Part 2

USDCHF Trend Strength (ADX) and 1-2-3 Pattern Follow Up
When the USDCHF broke through point #2, it simply blew past the FE 100.0 [...]

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This is a follow up post on the EURUSD Bullish Break Out. Let’s take a look at what happened over the past few days since the lesson was first posted.
The first post can be found here:

EURUSD Bullish Break Out (Part 1)

EURUSD Bullish Breakout Part 2

A potential trend on the EURUSD was highlighted in the earlier [...]

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