5/22/ · Forex Cheat Sheet: Pips. Posted By: Steve Burns on: May 22, Click here to get a PDF of this post. This is a content Guest Post by Forex trader Austin Silver. Here is a Forex cheat sheet on how to count pips, the power of 15 pips BunnyGirl Forex Trading Strategy Rules and FAQ — set of rules for a BunnyGirl trading strategy based on WMA crossing. The Daily Fozzy Method — by Michael Dunbar. Forex Trader's Cheat Sheet — real Forex cheat sheet for position entry times/conditions by Quantum Research Management Group Free Forex Cheat Sheet Helps You Master Candlesticks. Enter your email address below to get your go-to Forex cheat sheet that illustrates simple candlestick formations for $1 FREE.. Learn to recognize crucial candlesticks that signal a shift in market direction
Forex Candlestick Patterns (Cheat Sheet) | blogger.com
Doji — The Doji Candlestick pattern has an upper and lower shadow, with either a very small body, or no real body. The distinguishing characteristic of the Doji Candlestick is that it has approximately the same Open and Close, which creates no real body, or a very small body, as you can see in this illustration.
In even more simple terms, there is no green or red in the Doji, because the Open and Close were approximately the same. Spinning Top — The second Neutral Candlestick Pattern is the Spinning Top. This pattern has a free forex cheat sheet download Body, and the body is usually centered free forex cheat sheet download the upper and lower shadows.
The Open and Close are very close to each other, and therefore the body is small. Also, the body is somewhere around the middle of the upper and lower shadows. Hammer — This pattern was appropriately given its name because it really looks like a hammer.
The Hammer Candlestick Pattern has a small body, a long lower shadow, and a small to no upper shadow. Also, the long lower shadow is usually at least twice the size of the body. Inverted Hammer — As the name suggests, this pattern is an inverted version of the previous Hammer Candlestick Pattern we just discussed. The Inverted Hammer has a small body as well, but a long upper shadow. This upper shadow is usually at least twice the size of the body. This pattern also usually does not have a lower shadow.
However, typically, no lower shadow. Dragonfly Doji — As the name suggests, this pattern resembles a dragonfly. More specifically though, the high, the open, and the close, are the same. Followed by a long lower shadow. Long Lower Shadow. No Body. High, Open and Close are the same. Bullish Engulfing — In a Bullish Engulfing pattern, the body of the Bullish Green candlestick completely engulfs, free forex cheat sheet download, the body of the Red Bearish candlestick.
In this illustration, the body of the Green candlestick engulfs the body of the Red candlestick. This is known as the Bullish Engulfing Candlestick Pattern, free forex cheat sheet download.
Bullish Green engulfs Bearish Red. Piercing Line — The Piercing Line pattern is similar to the previous Bullish Engulfing pattern that we discussed.
However, the close of the Bullish Green candlestick is above the midpoint of the body of Bearish Red candlestick. Free forex cheat sheet download key element to this pattern is the close of the Green candlestick, above the midpoint, of the Red candlestick. But the close of the Bullish Green is above the midpoint of the Bearish Red body. The close of the green candlestick is above the midpoint of the body of the red candlestick. Morning Star — The Morning Star pattern is a Bullish Candlestick Pattern.
It consists of three candlesticks. The first is a large Bearish Red candlestick. Followed by a candlestick with a small body. Followed by a large Bullish Green candlestick. These 3 candlesticks are known as the Morning Star pattern. Large Red. Small Middle. Large Green. Morning Doji Star — This pattern is a slight variation of the previous Morning Star pattern. The key difference is in the middle candlestick. With the previous Morning Star pattern, the middle candlestick had a small body.
In this pattern, the middle candlestick is a doji, free forex cheat sheet download. Hence the name, Morning Doji Star.
Again, we have a large Bearish Red Candlestick, followed by a smaller candlestick, free forex cheat sheet download. In this case, the smaller candlestick is a doji, with no real body. Followed by a large bullish green candlestick. These 3 candlesticks are known as the Morning Doji Star pattern. Three White Soldiers — Three white soldiers is a bullish candlestick pattern that consists of 3, consecutive, medium to large bodied, Bullish Green candlesticks.
Again, the 3 bodies are medium to large. In other words, no small bodies. Fairly straightforward pattern. Shooting Star — The distinguishing feature of a Shooting Star is a Long Upper Shadow, a small to no lower shadow, and a small body.
Also, the long upper shadow is usually at least twice the size free forex cheat sheet download the body. Hanging Man — The Hanging Man is a Bearish Candlestick Pattern. The candle has a small body, a long lower shadow, and a small to no Upper Shadow. Gravestone Doji — The Gravestone Doji is a Bearish Candlestick Pattern. In other words, no real body.
Also the Gravestone Doji has a long Upper shadow. To recap, Long Upper Shadow. Low, Open and Close are the same or very near each other. Bearish Engulfing — In a Bearish Engulfing pattern, the body of the Bearish Red candlestick completely engulfs, the body of the Green Bullish candlestick.
In this illustration, the body of the Red candlestick engulfs the body of the Green candlestick. This is known as the Bearish Engulfing Candlestick Pattern. Bearish Red engulfs Bullish Green. Dark Cloud Cover — The Dark Cloud Cover pattern is similar to the previous Bearish Engulfing pattern that we just discussed. However, the close of the Bearish Red candlestick is below the midpoint of the body of Bullish Green candlestick.
The key element to this pattern is the close of the Red candlestick, is below the midpoint, of the Green candlestick. But the close of the Bearish Red is below the midpoint of the Bullish Green body. The close of the red candlestick is below the midpoint of the body of the green candlestick. Evening Star — The Evening Star pattern is a Bearish Candlestick Pattern. The first is a large Bullish Green candlestick.
Followed by a large Bearish Red candlestick. These 3 candlesticks are known as the Evening Star pattern. Evening Doji Star — This pattern is a slight variation of the previous Evening Star pattern. With the previous Evening Star pattern, the middle candlestick had a small body. Hence the name, Evening Doji Star.
Again, we have a large Bullish Green Candlestick, followed by a smaller candlestick. These 3 candlesticks are known as the Evening Doji Star pattern, free forex cheat sheet download. Three Black Crows — Three Black Crows is a bearish candlestick pattern that consists of 3, consecutive, medium to large bodied, Bearish Red candlesticks. Pretty straightforward pattern. Forex Candlestick Patterns are one of the most fundamental things you need to master in order to trade Forex successfully.
Knowing the names and patterns is great, but even more important is knowing the 2 secret rules of reversal patterns. Those 2 secret rules are revealed in our Forex Mastery Course. They are extremely important for you to free forex cheat sheet download. Forex Candlestick Patterns Cheat Sheet. Forex Candlestick Patterns Cheat Sheet Neutral Candlestick Patterns Doji — The Doji Candlestick pattern has an upper and lower shadow, with either a very small body, or no real body.
Forex Candlestick Patterns Cheat Free forex cheat sheet download Bullish Candlestick Patterns Hammer — This pattern was appropriately given its name because it really looks like a hammer. Forex Candlestick Patterns Cheat Sheet Bearish Candlestick Patterns Shooting Star — The distinguishing feature of a Shooting Star is a Long Upper Shadow, a small to no lower shadow, and a small body. Forex Candlestick Patterns Free forex cheat sheet download Rules Forex Candlestick Patterns are one of the most fundamental things you need to master in order to trade Forex successfully.
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, time: 20:49Forex Cheat Sheet: Pips | New Trader U
5/22/ · Forex Cheat Sheet: Pips. Posted By: Steve Burns on: May 22, Click here to get a PDF of this post. This is a content Guest Post by Forex trader Austin Silver. Here is a Forex cheat sheet on how to count pips, the power of 15 pips Forex Candlestick Patterns Cheat Sheet Bearish Candlestick Patterns. Shooting Star – The distinguishing feature of a Shooting Star is a Long Upper Shadow, a small to no lower shadow, and a small body. Also, the long upper shadow is usually at least twice the size of the body. Hanging Man – The Hanging Man is a Bearish Candlestick Pattern Free Excel Trading Log. This fantastically simple trading log was designed to get used, just enter the ticker / currency pair and pips won/lost and the rest is done for you. It automatically calculates your required breakeven risk reward (RR) based on your win ratio. This is great for setting stops / take profit levels at a glance
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