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Tuesday, February 12, 2013

Forex Candlesticks Made Easy!

You're trading with the uptrend, and your technical indicators show that prices are likely to keep moving up. You've got a good feeling about this...

You enter a 'Buy' trade, and somehow, the market immediately starts moving in the opposite direction.

Finally, barely a few minutes later, you hear 'Ding!'... your trading platform has just informed you that your stop-loss order has been triggered.

That's another 20 pips down the drain... why does this keep happening? A few minutes later, you

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