Learn Forex Trading for Rookie Traders

The Head and Shoulders is a classic pattern from the Western approach to trading. Find out how to spot and trade this powerful pattern.

Rising and falling wedges are forming constantly on forex charts. Take advantage of it and learn how to trade them.

Learn about the implications of a double and triple tops and bottoms as well as how to trade them.

Triangles are the most common way for the market to spend time. Get to know both ascending and descending triangle.

Learn how to spot a flag formation, what it means, and how to trade it.

Learn how inflation affects traders through central banks and their monetary policies.

Seeing as the US Dollar is such a big role in forex trading, it is no surprise that state of the US economy matters also. Learn about what economic data you should look out for.

Despite being less than 2 decades old, the Euro is the second most important currency in forex. What to look out for when following European economics.

Learn about the simplicity and ease of trading that comes from Japanese Candlesticks. Learn about the hammer, a one stick reversal pattern.

Morning and Evening stars are another easy to spot pattern needing only 3 candlesticks to form. Learn how to spot and trade them.

Bullish and Bearish engulfing patterns only take 2 candles to form. Learn when they form and how you can trade them.

Take a closer look at yet another 2 candle reversal pattern, the dark cloud cover and the piercing pattern.

Learn about all the possibilities and variations that can result from the one candle doji.

Although we have discussed Elliot Waves Theory before, this is the first article to fully address it. Learn the basics of an Elliot Cycle.

Learn about the complexities of an impulsive wave and its importance within the Elliot Theory.

If it is not an impulsive wave, it must be a corrective wave. Learn about the rules that define corrective waves in the Elliot Waves Theory.

We have already discussed how popular triangles are with the forex market. Let's take a closer look at how they serve as consolidation patterns.

Forex trading is heavily influenced by the High Frequency Trading industry. Learn about how HFT can abruptly change the direction a currency pair.

Take a closer look at the Relative Strength Index, the most popular oscillator used in Forex.

Watching over the currency for 19 countries is a big job. Learn about the ECB the role it has on forex trading.