Forex beginner guide master Japanese candlesticks

what is a Japanese candlestick ? candlestick chart (also called Japanese candlestick chart) is a style of financial chart used to describe price movements of a security, derivative, or currency. ... Candlestick charts are most often used in technical analysis of equity and currency price patterns

anatomy of a candlestick 

every candle is telling us a different story and we have to understand the language of the market but understanding the anatomy of each and every candle 

Single candlestick pattern (hammer hanging man)

single candlestick patterns are the ones include only one candle in their formation and we start looking at the hammer and the hanging man which look exactly alike but with different meaning depending on the past price actions .

Single candlestick pattern (inverted hammer shooting star)
The inverted hammer and shooting star also look identical. The only difference between them is whether you’re in a downtrend or uptrend.
An inverted hammer is a bullish reversal candlestick.

A shooting star is a bearish reversal candlestick.


Both candlesticks have petite little bodies (filled or hollow), long upper shadows, and small or absent lower shadow

become a forex trader My full beginner course

Hello guys 
This course is designed to take you from a beginner a master of the forex market and we start with the technical analysis mastery course below you will find video series by the end of it you will be a technical analysis master so make sure to follow all the steps and practice on the chart yourself .

this is the start of my course where I ask you to write down all the reason you want to become
 a trader and also your goals in trading and to set yourself for success and have the right mindset . then we move over to the chart and learn that the chart consist of candles and we went through some candlestick patterns 

this is the second video in my course we still working on mastering technical analysis and now we define the trend .
we learn how to spot a trend and we also create rules for the 3 wave move to make sure that there is no place for our emotions

Now we go to the chart and implement what we learned in the previous video and also now we have an idea on why it’s  important to define a trend 

Destroy the market makers how to be one step ahead

Even though I only entered one trade early this morning but still performing top down analysis is helping me be one step ahead of the market as i already now know what is going to be my next move whether the market go up or down i will still be ready either ways , as a trader it's very important to put yourself in these positions and always be ready for whatever the market through at you after all you can't control the market but you can participate in whatever the market is doing and in this video you see the power of performing analysis and put yourself one step ahead of the market .

Best Trading technique of all time

hello guys i got a question for you did you eve ask yourself how a trader comes out with a trade or what is the process a trader go through to find a trade , check out the video down below to find out 

or follow the link if you prefer watching on youtube follow the link: https://www.youtube.com/watch?v=VXT7fwO4rO4

performing top down analysis is very powerful and it's the most important thing for a trader to be able to do it right to spot the accurate trades and have the highest possible winning rate out of the right predictions 

Beginner traders course : Why you want to become a trader

90% OF TRADERS LOSE MONEY ,DO YOU KNOW WHY BECAUSE THEY DON’T EVEN BOTHER TO LEARN HOW TO TRADE ALL THEY WANT IS TO BECOME RICH AND BECOME RICH QUICKLY SO THEY FALL FOR THE ONES WHO CLAIM THEY CAN DO THAT FOR THEM AND END UP JUST LOSING MONEY , YOU BEEN THERE RIGHT

BUT YOU KNOW WHAT YOUU DON’T NEED TO DEPEND ON ANYONE TO MAKE YOU PROFITABLE TRADER YOU CAN DO IT YOURSELF AND THAT’S WHAT I’M GOING TO HELP YOU WITH

IF YOU ARE SOMEONE WHO WOULD LIKE TO LEARN THE BUSINESS AND WANT TO COMMIT TO FOREX AND MAKE YOURSELF A REAL TRADER AND ACHIEVE THE LIFE STYLE YOU’VE ALWAYS DREAM OF , THEN THIS IS THE PLACE YOU SHOULD BE IN

SO LET ME ASK DO YOU HAVE WHAT IT TAKES TO BECOME A FOREX TRADER ,ARE YOU MOTIVATED ENOUGH TO OVERCOME ALL THE ISSUES YOU WILL FACE ON YOUR way ,do you have the burning desire to succeed in the forex business and lastly why do you want to become a trader ..?

This is the most important question so now make sure to answer these questions in the comments below.

Next time we will start our journey to become a forex trader , our first listen will be mastering technical analysis so make sure to check out the video down below till then .

My full trend trading strategy rules

Hello traders 
Today i'm going to teach one of the best trend strategies you can use to maximize your profits also you can check out my latest video going through that strategy 
https://www.youtube.com/watch?v=LXfPvPR3cQQ

 The pull back strategy rules

 Bearish trade entry example 

 1 . market must break below the 50 ema 

 2 . market must make a new low Now the order doesn’t really matter meaning that market could make a new low and then break below the 50 ema Also it doesn’t have to be the 123 move Any pull back must consist of two candles so if price form a one candle pull back then break into a new low It will not be valid break for me The two candle pull back could be forming higher highs or could not 

3 . market must make a two candle pull back before looking for entry 

 4 . entry is going to be an engulfing candle 

Entry#1 if price doesn’t touch the 50 ema 

 Entry#2 if price touch the 50 ema and only have one close above it 

 5.engulfing pattern rules 123 engulfing candle if I have a two bullish higher highs candles followed by a lower high engulfing candle A swing high engulfing candle in which case I require an engulfing candle that makes a higher high after two higher highs bullish candles In both cases it doesn’t have to be the swing high I only care about the 3 candles patter But the entry candle can not close at or below the previous swing low body the engulfing candle must close below the body of the previous candle and it can be a gap candle if price form a low then break above the 50 ema and close more than 2 candles then I will start looking for a new trade and I don’t require a new low below the low created before the bullish break I only need a new low after the new break if price hit my target then touch the 50 ema then I wont look for entry unless price made a new low before

 6 . sl Sl will be an ATR based stop above the 3 candle pattern even if its not the swing high 20 pips will be the least sl 

 7 . TARGET WILL always be at a 1 : 1 risk to reward Entry#2 Will only happen if I get stopped out and then price touch the 50 ema and not have more than one close above it In case price hit target and then rally and touch the 50ema and give me an entry I will not take it unless price has formed a new low before that

note that according to my backtesting and live trading the AUDNZD is the best pair to work on this strategy and specially on the H4 chart 

Is this the best trading advise for beginner traders ..?

hello guys so the reason i'm writing this is that this weekend i started to backtest my main strategy that i'm using on the lower tf and while i'm doing that it came across my mind that this strategy it was me who created it and i started to think about how did i come up with this strategy and it was like one of these days i went to bed and as usual i was thinking about forex my big passion and i started to put some pieces together if i do this and then wait for that that will give me this and it could be a great way to enter the market and that's how i came out with it....... but wait this is not how i come out with that strategy I need to dig deeper because how it occured to my mind to put these specific pieces together and it all comes down to a firm understanding of price chart and how to read a price chart if i could think of one skill of each trader must have  it would be reading a price chart mastering technical analysis , there are a million strategy out there that can make you money in forex however the long standing traders how are doing this for a life time are not the ones who learn strategies and implement them rather they are the ones who understand the markets and how it moves and there they will be the ones who create strategies so my advise is instead of keep looking for the strategy that will make you rich, you should start masterning reading a price chart and then you will be able to even create your own strategy which will be best fit for you which will make it so much easier to follow .

lastly make sure to view my latest video teaching you how to master technical analysis 

https://www.youtube.com/watch?v=1RVW1KnMza0

best forex trading strategy for beginners

for each and every strategy i create by putting together 2 things Conditions and entry for that strategy first with conditions i create some specific rules i need to be met in order to consider entering the trade and then of course wait for the right entry .for the purpose of this blog i'm going to discuss one of my favorite strategies which is a reversal strategy meant to capture the shift in trend first hand .so first let's take a look at the conditions to enter a trade based on the reversal strategy 
Condition number one  i need a trending market so now let's define a trending market 

now in this chart we see the EURUSD hourly chart and we see that it's in a bearish trend and how i define that first price is below the 50 ema and also forming a lower low lower close , so now our first condition is met lets see what's next .

Condition number two is for price to break above the recent outside return and above the 50 EMA which indicate that this trend starting to reverse , now we need to make sure to have a specific rule for the pull back like we need to have at least two candles forming a higher high 

now the next step is to wait for price to break above that previous pull back and also above the 50 EMA 

AS we move forward we see here price did break above the 50 EMA and also the most recent outside return now it's time to move to our next condition .

Condition 3 : price must form a 2 candle pull back that doesn't close below the 50 EMA and also in the form of a lower low as we see below 

Alright so now all our conditions are met all we need to do is to enter the trade but how ..?

In this case we need to create an entry rule to make sure that we are consistent in our approach 

My favorite entry would be waiting for a higher high higher close candle which mean i need a candle that breaks and close above the previous one as we see below 

Now everything is set to enter the trade all we need is to place a stop loss below the low and target we can test for different places to take target at  

at last make sure to watch this video which explain all the steps we discussed https://www.youtube.com/watch?v=81KbYCpKIS8

how to become a real forex trader

This might seem overwhelming as there is so many things need to be done in order to become a consistently profitable trader however it's nothing compared to the many years you have to study to become a doctor or an engineer or whatever you wish to be and yet still the outcome is much bigger with trading and have the potential to provide you with the best life style compared to being a doctor , this is a fact you need to have in mind before  trying to become a forex trader .
After all being a forex trader means that you have a business you have to run so you have to be serious about it .
For me trading consist of 3 things which are trading strategy , psychology and money management you need to master the 3 things one by one to become successful in your new business .
So now lets break them one by one 
First trading strategy , for you as you are only starting so you need an easy and simple trading strategy to follow and then of course you need to take that strategy and practise on and backtest it to make sure it has an edge over the market the way you trade it .you can make sure to watch my video going through one of my best strategy and will walk you through a very easy conditions you need to enter a trade 
https://www.youtube.com/watch?v=81KbYCpKIS8

in my next blog i will go further and and explain psychology and money management so be tuned .

The best stock to buy in September

One of my favorite stocks throughout the whole year is Oracle , my interest in that stock has been increased since the break of all time high of $46 which was back in 2017 but specially this year i was very much more interesting after price broke the $53 level to indicate for me that there is still further bullish move left in that stock 

Lets take a look at the chart now and try to see why it could be a good time for us to consider buying this now , first lets talk about earnings which will come out later this month which could be a big factor for any possible movement also we would argue that this current retracement is so deep and therefore price might not recover back towards the high of $60.27 which was back a couple months ago , right now price has formed a new higher high higher close which still indicate a further bullish move and still this will not be invalid unless price break below $49.91 with the fact that price started to indicate a pullish movement over the last 2 days so that would indicate a pretty decent entry to try to capture it now .

EURUSD ahead of NFP on Friday 

Today during my day trading hours i was looking for any potential long entry on the EURUSD however my overview on the higher time frames is bearish after price recently creating a new lower close below 1.1037 and also price is yet to hit my next support level which is down at 1.0820 
The rex box indicate the area of which i expect market to find resistance at and push down which we are starting to see as price tried to push all the way up to the high of that zone but bears still managed to push it down which indicate that the bears are starting to take control so tomorrow will be very important to see whether the bears will take a full control of the pair . 
Of course the important factor on Friday will be the NFP and specially paying a closer attention to the average hourly earnings , the expectations suggest that there will be no improvement in any of the numbers which will be released on Friday however still with the market already priced in and expecting no further improvement in the current numbers so that might end up with no much of an effect for the event which is something we've seen most recently as well specially with a more important factors around the market right now including the trade war and brexit .

Forecast is showing that no improvement the the NFP as it drops from 164k down to 158k while also average hourly earnings show no improvement in the last month as well while it drops to 3.1% from 3.2% on a yearly basis but with the market already expecting that there will be no much reaction if we see the news coming out as expected .
On the other side of the pair will be the EUR .
On Friday ahead of the NFP the Eurostat will release the GDP numbers in the EU area which is expected to come out with the same numbers as the previous release , for me I will watch this very closely .
Once again lets get back to technical analysis but this time on the H4 chart 


Once again price came up to this resistance we already spotted on the Daily however it also closed above the 50 EMA more than once and also it didn't go to overbought conditions on the RSI which i set at 80% for overbought and lastly it didn't give me any sort of valid entry to try to take a short trade so with that being the case I will still actually be looking for long entries on the daily basis until I see any valid entry to try to capture a swing trade at least back down to 1.0930 

Conclusion :
EURUSD is stil bearish on the longer term however on the daily basis it's moving up , right now there is no reasonable entry on the higher time frames so will be on the side for now in terms of swing trading , on the other side on the lower time frames during my day trading hours will still be looking for long entries .