What Makes a Breakout a Breakout?

As suggested by the term, a breakout is when price breaks out of a defined area of support or resistance, a trendline, or a price pattern. Simple as that, right? Well, you’d be surprised how often traders get this wrong. …

Read more

Trading Breakouts vs. Retests. Which is better?

As a technical trader, one of the common topics of discussion is around whether a trade should be taken immediately as price breaks out of our zone, or should we wait for it to retrace to the breakout level? There’s …

Read more

A Better Way to Trade Pin Bars

Anyone who uses price action to trade the Forex market no doubt knows that it can offer plenty of lucrative setups. Today we’re going to break away from one of the most conventional methods and introduce you to a brand …

Read more

EURUSD Weekly Setup

Happy Monday, traders! Skimming through some charts first thing this morning, the EURUSD weekly jumped out with a couple of potential setups occurring. Consider the chart below: What we’re seeing here is a clear level of demand (blue) and a …

Read more

BTCUSD forming a bottom but has a long way to go yet

Morning, Traders. Check out Bitcoin on the weekly chart. In this case, I’m using the BTCUSD chart, but you could just as easily be trading actual BTC instead of CFDs. I never thought I’d say this but it looks as …

Read more

DAX possible Head & Shoulders pattern

Hey there Folks, Happy Friday! A quick little post to bring to attention the formation of a potential H&S pattern on the DAX, weekly chart as per below. You’ll remember we covered the H&S pattern here. What I like about …

Read more

Analysing Chart Patterns: Flags & Pennants

We’re going to cover the next patterns in our TA series, Flags & Pennants, both of which are Forex continuation patterns. Flags and pennants form when price rallies, consolidates sideways or retraces slightly, and then continues in its previous direction. …

Read more

Analysing Chart Patterns: Triangle patterns

For part four of our chart pattern series we’re going to be going into one of the most popular Forex trading patterns, the triangle. Triangles come in a variety of different categories and while they can be both continuation and …

Read more

Analysing Chart Patterns: Double Top & Double Bottom

Today we’re going to chat about the popular Forex market reversal patterns, double tops and double bottoms. In its simplest terms these patterns are significant because they indicate price has stopped rallying in a particular direction. Double Tops Double tops …

Read more

Analysing Chart Patterns: Cup and Handle

Following on from our recent Head and Shoulders article, we’re now going to go over one of my personal favourite patterns, the Cup and Handle pattern. Acting as both a continuation and reversal pattern, it can mark the end of …

Read more

Fast & Easy Account Opening

  • Register

    Choose an account type and submit your application

  • Fund

    Fund your account using a wide range of funding methods.

  • Trade

    Access 300+ instruments across all asset classes on MT4 / MT5

open live account