Currency Trading

There are thousands of advanced forex trading strategies that have helped a lot of people made money trading forex. Therefore, you are not wrong if you are searching for forex trading strategies PDF that will guide you to your forex trading journey.

A lot of traders get confused when it comes to forex trading strategies to use, to save the situation I have compiled 5 best forex trading strategies PDF or best forex trading strategies books that have helped thousands of traders’ trade successfully.

This advanced forex trading strategies PDF are designed for easy understanding for both beginners and intermediate traders. Below is the list of the PDFs

Best Forex Trading Strategies PDF

1.  Japanese Candlestick Charting Technique By Steve Nelson

This simple forex strategy book is by far my favorite.  In fact, it is the first candlestick book written out of which other ones where carved out.

It is a 331 pages guide that contains everything you need to trade successfully in the world of forex. The first part of the book explains in detail the origin of the forex, and why the Japanese are seeing as the father of forex.

Also, it tells you why forex is related to the military formation of the Japanese. Therefore, this forex trading strategies PDF made it clear that trading is like going to war. So, you must understand the military terms to survive the war.

The second part of the book teaches how to construct the candlestick and drawing the candlestick lines.  After understanding the candlestick pattern, you start learning the reversal pattern.

Since forex trading is all about trend, you need to know when the trend is continuing or reversing.  Therefore, the first lesson here is to learn the reversal pattern such as hammer and hanging man lines, engulfing patterns, dark-cloud covers, and piercing patterns.

The stars are major indicators in forex trading. You will understand the 5 stars and their roles in forex trading. The morning star, the evening star, the morning and evening doji stars, the shooting star and the inverted hammer are all you will learn here.

The book talked more on reversal patterns such as harami, and harami cross, and many more.

A section is dedicated to the trend continuation patterns such as upward and downward gap, high price and low price gapping plays, gapping side by sidelines, rising and falling three methods, three advancing white soldiers, and separating lines.

This guide by Steve contains over 10 advanced forex trading strategies that have a 98% success rate.

2. High Probability Trading Strategies PDF

Robert C. Miner is the man behind this 288 pages forex trading strategies PDF. Among all the forex trading strategies books I have read, this one has the best entry and exit techniques.

It is a 9 chapter forex trading book that covers all types of markets such as stock, futures and forex. What I love most about this high probability trading strategies PDF is that it simplifies how to compare time frames in trading.

It deals extensively with how momentum affects the direction of any market. The multiple time frame momentum strategies and the momentum reversal techniques are what make this book a success.

The reality is that understanding the trends is the key to success in the forex market. This guide explains in detail the difference between trend correction and continuation.

Another good thing about this advanced forex trading strategies PDF is that it reveals money management skill that is working.

In fact, no matter how good your strategy is without good money management it will not work. This means you must learn how to guide your capital first before any other thing. And that is what Robert C. Miner elaborated on the 7^th chapter of this forex trading PDF

3. High Probability Trading Setup

This is one of the forex trading strategies books I strongly encourage every trader to read. I picked interest in the book due to the pedigree of the authors. Yes, the authors are practical trader, which means they tell the real forex stories as they were.

It is 100 pages book written by Boris Schlossberg and Kathy Lien. Boris and Kathy are both staffs of one of the world-leading forex brokers FXCM. And both of them serve as senior currency strategist with the firm

Also, they perform editorial duties with dailyfx.com. dailyfx.com is so recognized and respected in terms of the quality of information they dish out monthly. That is why they have over 3 million readers monthly, and the authors of the book high probability trading set up are the editors to this site.

They have published so many books that have helped traders around the world make better trading decisions.

This forex trading strategies PDF contains 10 top trading rules which are:

1. Never let a winning trade turn into a losing trade
2. Logic wins, impulse kills
3. Never expose or risk more than 2% of your capital per trade
4. Follow fundamentally, and enter and exit technically
5. Always pair strong with weak
6. Don’t always quickly enter trade
7. Know the difference between scaling in and adding to a loser
8. Never put hope on mathematical or engineering trading system
9. Risk can be predetermined but the reward is unpredictable
10. No excuses ever

The second part of this simple forex strategy book contains the setup and the indicators required. I am not a fan of indicators but testimonies from users of this book show that their strategies work almost 100%

You need great patience and understanding of the indicator settings to use this book to the full.

4. Forex Trading Using Intermarket Analysis

This forex trading strategies PDF was written by Louis B. Mendelsohn, and it is a 138 pages guide. Chapter one of this book defines what forex is and how to approach it as a beginner.

Chapter 2 talked much about the forex environment and how the forex trading came into existence. A lot of new traders pay little or no attention to the history of forex. But the fact is that hardly will you make money trading fx if you don’t know much about it.

Louis B. Mendelson approached the fundamentals of forex trading in chapter 3 the way I have not seeing in any other book. Fundamentals are those factors that move the forex market such as the economic, political, and natural situations surrounding a currency pair.

So, if you are a trader that loves trading the news then this part of the advanced forex trading strategies PDF is an area to concentrate much on.

After the fundamentals, the rest of this simple forex strategy book is all about the technical analysis. It is so detailed in the technical analysis to the point that you can predict the market movement based on chart formation.

5. 7 Winning Strategies For Trading Forex by Grace Cheng

If you need real and actionable forex techniques for profiting from the currency market this is one of the forex trading strategies books you must read.

This book is primarily designed for those that are new in the world of the currency market. Also, intermediate or struggling traders can benefit from this forex trading strategies PDF.

The 7 winning strategies listed in this book are trading the market sentiment, trend ridding, breakout fading, breakout trading, decreased volatility breakout, carry trade and news straddling.

The author is an active forex trader with many years of experience. Therefore, you can’t be disappointed using this guide as a forex trader.

Best Forex Trading Strategies PDF – Wrap Up

Obviously, there are thousands of forex trading strategies PDF online. Some are free while some are paid ones.

And my experience in the world of forex has shown to me that no matter the one you go for, there are things you can learn from it.

But the more beneficial forex materials do not come very cheap. In fact, they are pricey but the worth it.

Above all, your success in forex market largely depends on your knowledge. And the knowledge must come from the experience of old traders, which is laid down in their books.

Therefore, let the number of pages in any of these books scare you away. If you can’t take time to read and follow the instructions in these advanced forex trading strategies PDF, don’t bother going into forex trading.

For instant access to any of these books you can reach me on 07033680227 or use the contact us link above.

See Also: [Best Time to Trade Forex]

Time is everything in life. In fact, time is life. Therefore to know the best time to trade forex in Nigeria means talking of when to position and make money from the forex market.

Forex market is a very large and active market that runs 24 hours daily, excluding weekends.

That the market is opened 24 hours daily does not mean it is active all through. Sometimes traders become skeptical about the market conditions as such pull away, watching how things unfold.  In that case, the market will be dull or in a consolidation mode.

To understand the best time to trade forex in Nigeria, you have to know the exact Sessions that made up the market period.

The forex market is broken up into 3 major trading sessions, which are:

• Asian session
• London
• Tokyo

Trading Session Nigerian Time (GMT +1)

• Asian Session 12:00 AM to 09:00 AM
• London Session 08:00 AM to 05:00 PM
• New York Session 02:00 PM to 11:00 PM

There are other Sessions in between, but these three are the major ones you need to know. Understanding the timing and the volume of trade at this Session will really guide you on the right time to trade forex.

I will like you to know that there are lots of opportunities at any given time in the forex market. Therefore, your success largely depends on how you understand the market.

Let’s consider this forex trading Sessions in detail

Asian or Tokyo Session

This session of the forex market is considered the beginning of the trading time. Most traders, more especially daily and price action traders take their trading decision at the beginning of this Session.

The Asian or Tokyo Session opens by 01:00 AM and closes by 10:00 AM, Nigerian Time. It is referred to as the Asian Session because the major players or traders on the market at the Session are the Asian countries such as Australia, Hong Kong, Singapore, and Japan

In fact, Japan is the 3rd largest trading center in the world, which is why the Japanese Yen moves crazily in this Session.

20% of the total volume of the forex market is being determined by this Session of the forex market.

The best currency pairs to be traded at this Session are AUD/USD, USD/JPY, and NZD/USD. All the Asian currency pairs are good pairs to trade at this time of the market.

In this case, Australian and Japanese news move the market or usually cause a spike in the market.

Looking at the time of this forex Session, it is obvious that as a Nigerian, It is the midnight or wee hours here.

As such, it may not be the best time to trade forex in Nigeria because you may be carried away by sleep or you may not be mentally sound to take wise decisions.

The tendency that the closing hours of this Session will experience a big move is high because the closing hours overlap with the London Session opening.

So, always be on alert towards the end of this Session if you are comfortable trading forex at this hour.

London Session (European Session)

Many traders I have interacted with said that the London Session is the best time to trade forex in Nigeria. And their reason is that that is when the market moves greatly. In other words, there is usually more volume of currency in the market during the London Session.

Obviously, this Session contributes to 37% of forex turnover daily, which means there are many opportunities to tap in.  The major players in this market are London and Germany.

This Session starts from 8 AM to 5 PM Nigerian time. The major currencies to trade on this Session are EUR/USD, GBP/USD, EUR/GBP, and USD/CHF.

Major trade breakout occurs in this Session, therefore it is the best time to watch out for a good entry price.

Another reason this Session is very busy is that it overlaps with New York Session by 3 hours. Therefore, the market trades two Sessions at a time for 3 hours.

Financial news and reports from the European countries such as Germany, France, and others usually cause a spike in the market during the London Session

New York Session

This session is the second largest in the world of forex. It contributes up to 17% liquidity to the market. It is one of the best times to trade forex in Nigeria because the market moves at a very large distance in this session.

The major players in this session are traders from America and Canada. By Nigerian time, this session opens by 02:00 PM and closes by 11:00 PM, which marks the end of the day trading and the beginning of a new trading day.

Since Americans and Canadians are the major players in the New York session, the volatility of the USD pairs is high. Examples of such pairs are USD/CAD, EUR/USD, GBP/USD, and GBP/JPY.

The overlapping period between the London session and the New York session provides the biggest liquidity in the market. Also, daily trend reversal or continuation usually occurs during this forex trading time.

What is Best Time to Trade Forex in Nigeria?

I will like you to understand that knowing the exact time to trade forex does not guarantee profitability. A lot of factors determine how profitable you can with trading such as money management, and your psychology of trading.

The most important thing is to define your trading purpose and stick to a strategy that works. Patience is highly needed on your own part to make it in forex trading. Always remember that the market has come to stay, therefore you should trade to survive.

Best Time to Trade Forex in Nigeria-Wrap up

So far, I hope you have understood that there are opportunities at any given time in the forex market. A very big lesson to take home here is that there are active moments on the market, which are the London and New York sessions.

To be profitable entails trading according to your own stipulated rules, and strategy. So, every time is the best time to trade forex in Nigeria provided you understand how the market works.

Also, Read [How to Start Forex Trading in Nigeria]

How to start forex trading in Nigeria is the first question that comes to the mind of anybody that wants to venture into the world of forex.

Some years back, I equally asked the same question. So I know exactly where you are standing now.

But the sad thing is that most answers to this question found online do not help them, because the answers are mainly from information marketers.

These Information marketers are interested in selling one thing or the other to these potential forex traders.  And that usually leaves a lot of newcomers to forex trading frustrated and hopeless.

If you are a newcomer to the world of forex and seeking the right answer to the question how to start forex trading in Nigeria, then you are lucky to be here because you will learn from a real-time forex trader.

Before going into detail of this forex trading for beginners, I will like to change your perception about forex trading. Due to how forex is crazily advertised, a lot of people come to it with the hope of making money easily.

If you have such thinking then Forex trading is not for you. Really, you can make money fast with forex but you can lose all you have in life faster trading forex.

So, I hope you are searching for how to start forex trading in Nigeria with the mind of starting a carrier that will lead you for the rest of your life.

If so, then be ready to learn and learn overtime before earning. Forex trading is not a get rich quick program and it is not for anyone that is desperately in need of cash for an urgent solution.

How to Start Forex Trading in Nigeria – proper

The first thing to do is to acquire the right forex trading knowledge. In other words, you need a comprehensive forex trading training from an expert. By saying an expert I mean learning how to trade from a forex trader.

Sadly, most forex trainers found in Nigeria are only interested in selling an indicator, ebook, or robot to newcomers. Therefore, I cannot authoritatively recommend any forex trading trainer in Nigeria for you.

But that does not mean all hope is lost. If you are totally new to the world of forex, then I did recommend you take a free forex trading training from babypips.com.

Babypips is known for containing free comprehensive forex training worth thousands of dollars. Yes, everything is free and it has helped a lot of traders start forex trading on the right foot.

In fact, I equally used babypips.com some years ago when I started. Therefore, don’t spend a dime on learning how to start forex trading in Nigeria if you are totally new.

But if you are an intermediate or a struggling forex trader then you need a one on one coaching from an expert. For your notice, reliable forex education is very expensive but it worth it because once you get it right you will make back your money a hundred folds.

For a comprehensive forex trading training contact me on 07033680227 or use the contact us link above.

You Need a Broker

After going through training and you strongly believe you have acquired the needed knowledge, it is time to start trading.

You need a broker to start trading forex. In fact, you need a reliable broker who is customer friendly to start trading. Before then, who is a forex broker?

Who is a Forex Broker?

A forex broker is a company that provides traders with a platform on which they can execute trades at real-time. In other words, a broker is whom you will hand over your money to, which means you need a reputable one at that.

The platform a broker provides is called meta trader. The best for a beginner is MT4 or metatrader4. This and many other things to help you out are provided by the broker

In Nigeria, there are more than 50 so-called brokers, but I have done my underground work to get the best among them.

Click here to know the best forex brokers in Nigeria.

After picking the right broker, the next step is to fund your account. Every broker has a way to fund your account on their web page. So do the research to know how to fund your account from the broker’s webpage.

I strongly advise newcomers searching for how to start forex trading in Nigeria to start with brokers that have full presence in Nigeria. This is because you can easily fund your account in Naira

How to Start Forex Trading in Nigeria –Trading Proper

After funding your account it is time to start trading proper. Successful forex traders have a reliable forex strategy.  Therefore, before now you must have developed a particular strategy that works for you.

There are thousands of forex trading strategies out there, it is up to you to chose and study a particular one that works for you.

By now it is obvious you are reading to know which forex trading strategy I recommend. If it is what you are expecting, I have good news for you.

I personally trade and recommend a price action trading strategy. This strategy means you will not bother trading with robot, EAs’ or indicator.

You will only master the language of the forex chart. It is also known as naked trading, and it will interest you to know that most successful forex traders trade this strategy.

Click Here for detailed forex strategy training

Some of the forex chart languages you will learn if you are to trade this strategy are:

• Bullish engulfing pattern
• Bearish engulfing pattern
• Double tweezer top
• Hammer
• Harami
• Dark cloud cover and many more

Once more, if you need a comprehensive guide on price action or on how to start forex trading in Nigeria contact me on 07033680227. It goes for $150.

My one on one coaching is $1k. If it is expensive, don’t go for the cheaper ones that will end up frustrating you. Rather, wait and save and invest for the best that will help you throughout your lifetime.

Wrap Up

With this post, it is obvious that your question of how to start forex trading in Nigeria has been answered. I can’t drop my pen without reminding you that forex is not as easy as you may think.

It is not a way to make money fast. It is business as such you must approach it as one. This means you need a mentor, capital, patience, and courage to hang on over a long time.

Reliable forex mentors are very expensive because they make money trading forex not selling information.

Just imagine it, a person promises to teach you how to make millions of Naira from forex for just 10K. How real would such offer be?

Anyway, you are welcome to the world of forex trading where tenacity meets riches.

Good Luck

Before I go into the detail of the forex investment in Nigeria, I usually ask 2 questions. To many people my questions are embarrassing. The questions are, do you really know what it means to invest? Or are you truly an investor?

There is every need for me to ask these questions because most Nigerians don’t really understand what it means to invest.

That is why the majority of Nigerians fall victim of money doublers or Ponzi schemes like MMM and others. And of a truth, those that stake their monies on those unsustainable money schemes see it as an investment.

Therefore, before I introduce you to the best forex investment in Nigeria, I will briefly tell you what you need to know about investment.

3 Things You Must Know About Investment 

• An investment should take a minimum of 1 year to yield reasonable returns. A reasonable yearly return could be from the range 3% to 7%
• Never you invest in a business or anything that you don’t have at least 50% knowledge about it.
• Always consider investing in things you can easily liquidate to get your money back.

With this, if you have no single idea on forex, then I recommend you Click Here to learn the basics before investing.

But if you are interested in investing in yourself, then you can reach me on 07033680227 for comprehensive one on one forex education.

Having said these things, it is time to consider best forex investment in Nigeria you must put your hard-earned money into.

Best Forex Investment in Nigeria

No matter what anybody tells you, the safest forex investment in Nigeria is to invest in a PAMM account or investment account as some brokers call it. In fact, I have to repeat myself here; the safest and purest form of forex investment in Nigeria is investing in a PAMM or investment account.

I am a professional forex trader but I no longer trade. I just invest in some PAMM accounts, which give me some good returns monthly. So, the question is what is PAMM account and how can you get registered to invest in it.

What is a PAMM Account?

PAMM stands for percentage allocation management module or percentage allocation money management. This forex investment in Nigeria is very reliable and safe because the interest of the investor and the trader is simultaneously protected by a broker.

In a simple term, let me explain how this works. The broker provides a platform where reputable traders in the world converge to trade.

Also, the broker makes provision where investors can choose among the best traders who will manage or trade their money.

One of the reasons this is the most reliable forex investment is that before a broker will list a trader on the platform, such trader must have a track record of good trading performance. Therefore, in the first place, you are dealing with good forex traders.

Also, the trading performance of all the traders over the years is displayed for the consumption of the investors.

Working Principle of PAMM Account

Each trader or account manager tells the investor the minimum amount of money to invest, or he accepts, and the profit-sharing formula. Another good part of this investment is that neither the trader nor the investor has access to the profit.

This means that the broker has an automated system that splits the profit according to the agreed sharing formula at the end of every month.

Another good thing about this forex investment in Nigeria is that you can withdraw your capital at any given time.

The greatest part of this investment is that you can never lose all your money in this investment. Once you invest your money, the broker automatically locks 50% of your investment, and allow the trader to manage 50% of your money.

This means the highest you can lose if at all you will lose is 50% of your capital, which is very rear.

The Best PAMM Account In Nigeria

From the explanation above, there are 3 parties to every PAMM account, which are:

1. A broker
2. Account manager or trader
3. Investor

The broker is the brain behind the forex investment opportunity. Therefore, your success in investing in this opportunity lies in the hand of the broker.

The broker gathers the team of best forex traders that can help you make money from your investment.

To this effect, there are two brokers that I have used their PAMM fund managers that never failed me. These brokers specialize in bringing excellent forex traders to help investors make money trading forex.

These 2 brokers are:

1. Hot Forex Nigeria
2. FXTM forex Nigeria

Hot Forex Investment In Nigeria

I so much love this platform because they have wonderful traders that can make up to 20 to 50% return on investment monthly.

These traders have been trading for more than 1 year, which means they are consistent with their result.

The broker platform allows you to set the limit you can bear a loss per trade. This means you can set the system to stop trading once you have lost up to 30% of your capital. In other words, you have total control to how your money will work for you.

As a rule of thumb, go for traders with very little or small drawdown. Drawdown is a term used to tell the percentage of loss a trader does before making a profit. In fact, avoid a trader with a drawdown of up to 50%.

I have 3 traders I have been using over time. They have really made cool money for me over time. They have very small drawdown and have been around for a long time.

You can equally invest with these traders once you open or register a trading account with hot forex.

Click Here to Open a live trading account that will enable you to invest with these traders.

FXTM Forex Investment In Nigeria

In this platform, you will meet prolific traders that have made over 14000% over time. As I earlier said, these two brokers have the best forex investment platform for Nigerians.

The great quality of this broker is that immediately you invest with a strategy manger, the system automatically locks 50% of your investment.

Unlike the hot forex, you can’t say you forget to protect your fund here.

To choose a trader that will trade for you, you must sign up with the broker. So click here to enjoy making money from forex through the expert traders

Click Here to Sign up with FXTM investment account managers

Wrap Up

Obviously, investing in PAMM or with a regulated account manager is the safest and transparent forex investment you can do.

By so doing, you are investing with traders that have reputable track record. And from inception, some percentage of your investment is protected by the broker.

So, if you are really an investor who believes that money is made over a long time then this is your best option.

If you enjoyed this post on best forex investment in Nigeria, then share with friends and family. Also, leave a comment below.

Also Read: [Forex Trading for Beginners]

The first step in becoming a good forex trader is to undergo a comprehensive forex trading training. I went for a forex trading training in the year 2007 under BoasonJeff forex training. So, I know what it means to undergo FX training.

So, I am writing out of my experience as a professional forex trader. What is for sure is that most forex trading trainers in Nigeria are not forex traders. So they end up selling information to those that really want to learn how to make money trading forex.

Please take note: I was a victim of training from just an information seller, who doesn’t know what it really means to trade forex. And so many forex training centers, seminars, and institutes in Nigeria are information sellers.

That is why after the so-called forex trading training from them, they hardly give you the attention you need to succeed after the training.

Thank God that I was not discouraged after the fake training, therefore I took the bull by horn and today, I can boldly say I am one of the successful forex traders in Nigeria.

So, what you are about to read is forex trading training from me, the person of Mr. Israel Chima Nnabuike. All I will teach you here is from my 11 years of trading forex.

I have seen the ugliest part of forex by losing all I have in life. And I came back and made them all out of the bitter experience.  So, I will give you nothing than all you need to succeed in trading forex.

That does not mean there are no good ones out there but I for one cannot vouch for anyone. But all I know is that reliable forex trainers are very expensive and hard to get.

Forex Trading Training – Proper

I will start by telling you that forex trading is a very fast way of making money online. At the same time, it is the fastest way to lose all you have acquired in life. This means that you are not guaranteed of getting rich quick trading FX.

In addition, forex trading is not for unemployed or for someone who is desperately in need of money. This means it is a business you will start, nurture until it becomes big for you to start enjoying.

But if you are unemployed but have time, then forex knowledge is worth having because you can use it when you finally get a job. Or you can sell the real knowledge to those that have money to invest while you do the trading.

Never ever think of borrowing money to start trading, more especially if you are new to the forex trading.

Forex Trading Training For Beginners

If you are completely new to forex, then my training is beyond your scope. But that does not mean I will not help out. I will introduce you to the best online forex trading website for beginners.

Here is the link ( Click Here) to the training. It is completely free but more detailed than most paid online training. I used it so many years ago and it is still the best by all standards

FX Trading Training For The Struggling Trader

A struggling trader is a person who knows the basics and has some forex trading strategies that work today and fail tomorrow. In other words, the trader wins a few trades and loses more trades.

If you are such a person, it is obvious you are searching for forex trading training that will give at least a 90% success rate. To that, I say welcome because I have what it takes to win more than losing in the trade.

My training is based on what is known as price action trading. Others call it naked trading. This means you will be trained to understand the language the chart speaks.

In this case, you don’t need an indicator(s), EA (expert advisor) or robot to trade. All you need is to understand the language of the chart.

Languages of Forex Trading Chart

Trend

The first language of any trading chart you must take note of is the trend. There is this popular saying among the traders that the “Trend” is your friend. That statement is as pure as snow.

If you failed to identify and follow the trend then there is no way you can make money trading forex. Trading against the trend is like swimming against the tide.

Obviously, no one swim against the tide can go far. As a matter of fact, the only indicator you are allowed to use on your forex trading platform is the trend finder. I personally use SHI_Channel_true.

It is a free channel and trend identifier and very easy to install. Once again, if you can’t find or know a long term trend of a currency pair then avoid trading that pair completely.

Once more, the trend is not only your friend but your savior.

Trend Behavior Pattern

After identifying the trend, you have to know if the trend is continuing or reversing. This means the chart speaks the language of trend continuation patterns and trend reversal patterns.

Therefore, let’s take a deep look into the trend continuation patterns.

Gap

In any trend watch out for a Gap. The other name for a gap is a window. Almost 90% gap in a forex chart shows that the price will continue in that direction. From the chart below, you can see that the market gap downward and the trend continues in that direction.

How to Trade a Gap

If the market gaps, wait for the price to come back from the point it gaped because usually, that point becomes support or resistance.  Therefore, the right entry point in a market that Gaped is to wait for the price to retrace to the original point.

Your exit will be when the price closes the gap or window. For instance, it price gaps downward, it is supposed to continue in that direction.

But if the market refused to go in that direction, which means the buyers close the gap then exit your trade. Check the chart below.

There 3 types of gaps in forex trading, and they are:

• Tasuki gap
• The gapping play
• Side-by-side while lines

If you understand and master gaps, you will always make money trading forex.

Hope you are enjoying this forex trading training.

Rising Three Method

Another trend continuation pattern you need to know is called rising and falling three method. Form the chart below, the trend is up and the seller tried to push back in 3 different candlesticks.

 

Along the line, buyers came and nullified the strength of the sellers completely. This means that the buyers will continue in their movement.

Falling Three Method

This exact opposite of the rising three method, which means it occurs in a downward trend.

Another strong trend continuation pattern is known as three advancing white soldiers. The chart below shows exactly what it means.

These are the essential trend continuation pattern you need to know in other to trade a naked chart. Don’t forget that this forex trading training is designed to make you understand the chart language.

Up Trend Reversal Patterns

If a trend is upward, definitely it will turn downward. The question is, can you spot when an upward trend is about the change to a downward trend?

The answer is yes if you understand the language of chart reversal patterns of an upward trend. And the patterns are:

• Evening star
• Dark cloud cover
• Tweezers top
• Hanging man
• Counterattack line
• Harami and Harami cross
• Doji star
• Shooting star
• Bearish belt hold

Detailed explanations of these patterns are beyond this post or forex trading training. But, you can Google each pattern to understand what each looks like.

Down Trend Reversal Patterns

The chart also reveals to the knowledgeable when a downward trend is about to change to upward. The chart languages or patterns that detect that are:

• Bullish engulfing pattern
• Piercing pattern
• Tweezers bottom
• Hammer
• Morning star
• Counterattack line
• Inverted hammer
• Bullish belt hold
• Tower bottom

Forex Trading Training –Wrap Up

A very serious point you should take home from this few minutes forex trading training is that trend doesn’t change easily. Therefore, even if these patterns mentioned above forms, you must wait for confirmations.

Though I did not mention the confirmations here, you can get them in one of the most respected forex trading training PDF ever written by a man.

Any candlestick pattern book was written out of this PDF I am talking about.

My one-on-one forex trading training goes for $1000. I will train you until you become a professional forex trader.

But if you are good and fast learner, then you can check on me on 07033680227 for the PDF, and it goes for $150. Or use the contact us link above to reach me.

My last words in this forex trading training is, it is better to spend $10,000 in forex education and start trading with $500 because you will gain it all if you play by the rule.

But if you refuse to go for quality forex trading, then you will lose everything you have. So, be warned.

Good Luck