Andrew Lockwood (from Forex Signals) is here to talk about the best and most used forex charts to boost your forex technical analysis. Using the right charts is crucial to get the most out of your technical analysis and forex strategies. In this video Andrew explains how to analyse forex charts such as the bar chart, line chart, and candlestick chart. Line charts and candlestick charts are particularly important for forex traders as they use them to draw support & resistance, identify trends, and enter or exit trades. Andrew also boots up MetaTrader 4 (MT4) to show what these charts look like and how to find them within the world's most popular trading platform.
For forex trading beginners learning how to trade forex, Andrew also introduces a few basic, but very useful, candlestick patterns for beginners: the bullish engulfing pattern, the bearish engulfing pattern, the bullish pin bar, and the bearish pin bar. After this lesson you will know how to read candlestick charts like a pro.
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For forex trading beginners learning how to trade forex, Andrew also introduces a few basic, but very useful, candlestick patterns for beginners: the bullish engulfing pattern, the bearish engulfing pattern, the bullish pin bar, and the bearish pin bar. After this lesson you will know how to read candlestick charts like a pro.
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