How To Trade

The major topics for this event include:

• Interpreting market action in the context of the events calendar
• Preparing for and trading the actual events
• Tactics for the trades
• Reflection and further positioning

The Wall Street Code: a thriller about a genius algorithm builder who dared to stand up against Wall Street. Haim Bodek, aka The Algo Arms Dealer.

From the makers of the much-praised Quants: the Alchemists of Wall Street and Money & Speed: Inside the Black Box. Now the long-awaited final episode of a trilogy in search of the winners and losers of the tech revolution on Wall Street. Could mankind lose control of this increasingly complex system?

How I Trade Breakouts

1. Day Trading with Bollinger Bands
   
2. How to Use trendlines For Trading – Dispelling the Myths: Trendlines are a useful tool for visually highlighting a trend, and potentially being part of a trading strategy. There is a lot of myths and inaccurate information about trendlines though; learning how to use trendlines effectively–if you are going to use them–is crucial so you don’t fall into several common traps.
3. Don’t Trade Based on MACD Divergence Until You Read This – MACD divergence is highly inaccurate. Learn how, why and under what conditions the MACD is likely to produce false signals.
4. How to Day Trade the Forex Market In Two Hours or Less a Day
5. How to Day Trade Stocks in 2 Hours or Less – Extensive Guide: Here’s an extensive guide on how to day trade stocks in two hours or less each day, including how to find stocks to day trade, when to day trade, strategies you can use to profit, staying focused and how to work your orders.
6. Day Trading False Breakouts, One of the Best Day Trading Strategies – Frustrated by false breakouts when day trading? Turn the tables and profit off of them. Here’s how and why to trade a false breakout strategy.
   

MetaTrader video tutorials by MetaQuotes now with subtitles in 7 languages

MetaQuotes' official YouTube channel features 34 video tutorials with subtitles available in the English version. All the videos are organized into playlists for your convenience. The "Market" playlist demonstrates how to find a required application from the MetaTrader Market, as well as how to test, purchase and use it in the trading platform. Watch the videos about Virtual Hosting to learn how to rent a virtual platform and migrate your trading environment. Seven videos about copy trading walk you through the process of copying deals of professional traders to your trading account.
Subscribe to our YouTube channel, watch the video tutorials in the language you understand and explore new trading possibilities. We speak your language now!

I want to watch the videos with subtitles in my language >>

What is a Japanese Candlestick in Forex Trading

Candlestick charts are the most common chart types used by retail traders and investors. There are other types of charts such as line charts, bar charts etc., but they don't tell the story of past price action like candlesticks do. When trading is based on technical analysis, the decisions for future price action are made based on how the price has reacted in the past. I find candlesticks to be very useful and they are one of my favorite indicators. They work almost perfectly in volatile times, but even in less volatile times they work pretty well if used in combination with one or two other indicators.

Candlesticks are the price movement/action for a certain period of time, from as little as 1 minute to a week or a month. The body of the candlestick is the price difference between the opening and the closing time. The two lines on each side, which are called shadows or wicks, display the highest and the lowest point of the price for that period of time. The green candlestick in the picture below is a bullish candlestick in which the closing point is higher than the opening and the red one is a bearish candlestick, indicating that the price at closing was lower than at opening. The colors of the body is irrelevant, you can set them to your preference.

Traders carry out technical analysis to build ideas and strategies for possible future trades. Candlestick formations are a very useful tool for indicating possibilities for entries and exits. I use candlesticks as one of my two or three indicators on most of the trades that I make. Their shapes show you what's going on with the price very clearly. Let's see some of the most popular and easy to trade candlesticks and how they can be interpreted.

How Much Money is There on Earth?

This is one interesting indicator for MT5 and MT5 for searching harami pattern:

1. Harami indicator for Metatrader 5;
2. Harami indicator for Metatrader 4.

"It's just a normal search pattern Harami. You can do with it whatever you want. Personally, I find it useful on H1 charts. Position closes when a reversal characteristics as shown in the central part of the picture. Then open a long position on a 100+ pips. Watch out for feet, expose them tight enough"

Bearish Harami: A bearish Harami occurs when there is a large bullish green candle on Day 1 followed by a smaller bearish or bullish candle on Day 2. The most important aspect of the bearish Harami is that prices gapped down on Day 2 and were unable to move higher back to the close of Day 1. This is a sign that uncertainty is entering the market.



Bullish Harami: A bullish Harami occurs when there is a large bearish red candle on Day 1 followed by a smaller bearish or bullish candle on Day 2. Again, the most important aspect of the bullish Harami is that prices gapped up on Day 2 and price was held up and unable to move lower back to the bearish close of Day 1.



Harami Candlestick Buy Signal

A buy signal could be triggered when the day after the bullish Harami occured, price rose higher, closing above the downward resistance trendline. A bullish Harami pattern and a trendline break is a potent combination resulting in a strong buy signal.
The second Harami pattern shown above on the chart of the E-mini Nasdaq 100 Future is a bearish reversal Harami. The first candle was a long bullish green candle. On the second candle, the market gapped down at the open. The chart above of the e-mini shows that Day 2 was a bearish candlestick; this made the bearish Harami even more bearish.

Harami Candlestick Sell Signal

A sell signal could be triggered when the day after the bearish Harami occured, price fell even further down, closing below the upward support trendline. When combined, a bearish Harami pattern and a trendline break is a strong indication to sell.

Beginners Corner - ABC Video #1 What is Forex?

In this short educational video, FXstreet.com explains the bases of forex trading: exchange rates and speculation. We also outline the main characteristics of the Forex Market: Bidirectional market, High liquidity, Brokers and traders, 24/7 market and Leverage.

Valeria Bednarik, Chief Anayst of FXstreet.com, teaches you in these 4 videos some of the necessary basic concepts related to the currency trading. With over 8 years of experience in trading and teaching, Valeria is your mentor who will accompany you in your first moments and discoveries in the Forex world.

Beginners Corner - ABC Video #2 How to access the FX Market?

In this short educational video, Valeria Bednarik explains the bases of forex trading: spread, leverage and margin, and also take a look at the control of risk and the different types of order any trading platform offers.