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BeginnerEarly Stages For Beginners8 Topics
Forex Terminology11 Topics
- Major and Minor Currency Pairs
- Basic Forex Terminology
- Pips & Ticks
- The Broker & The Spread
- What is a Lot?
- Stop Loss & Take Profit
- Margin & Leverage
- Retracement & Reversal
- When Can I Trade Forex? Sessions - Market Open and Close
- 3 Types of Analysis (Technical, Fundamental, Sentiment)
- 3 Ways a Market Can Go (Up, Down, Sideways)
Margin & Leverage2 Topics
IntermediateIdentifying Scams2 Topics
Brokers for Beginners5 Topics
Technical Analysis13 Topics
- Types of Charts
- Understanding Japanese Candlesticks
- Candlestick Patterns For Beginners
- Single, Double & Triple Candlestick Patterns
- Support and Resistance
- Confluences w/ Candlesticks & Support & Resistance
- Counter Trend Trading/ Counter Trend Lines
- Moving Average
- Top-Down Analysis
- Consolidation Trading (Breakout, Retest, Continuation)
AdvancedUsing Indicators6 Topics
Technical Analysis (Part 2)8 Topics
Market Structure5 Topics
Fundamental Analysis9 Topics
CompletionRisk Management for Beginners8 Topics
Psychology for Beginners7 Topics
Personal Psychology Questions2 Topics
Reversal Breakouts in Forex Trading Reversal breakouts appear in the market when there is a sudden change in sentiments. They also tell us that there is a substantial shift in demand and supply in the market. These patterns are common at crucial support/resistance levels, which are also the main liquidity points in Forex. Reversal Forex signals include Double tops, Head and Shoulders, Rising Wedge, Double Bottom, Inverted Head and Shoulder, and Falling Wedge patterns. They have three main characteristics.
- A strong trend: First, we see a parabolic move in one direction.
- A pause: Price then goes into hibernation, ranging within a particular region- mainly at critical support or resistance areas.