Chart Patterns

Trading Indicators: Pros and Cons and How to Choose the Right One

FSP Insight ArticlesJanuary 20, 2023

One of the key elements to successful day trading is the use of Day Trading indicators. In this article, we will learn about the pros and cons of the most popular indicators. With so many indicators...

10 main reasons why new traders lose money

FSP Insight ArticlesJanuary 18, 2023

Have you ever wondered why new traders lose money? Day trading is a high-risk, high-reward activity that requires discipline, patience, and a deep understanding of the markets. Unfortunately, many new traders lose money in their first...

Double Bottom Formation On (EUR/USD) – Bulls VS Bears

ForexAugust 25, 2022

Looking at trading EUR/USD today. We have a potential double bottom formation on the 4-hour chart. Remember, we are currently at major major support...

Bull Flag Pattern On (GBP/USD) – Break And Retest

ForexAugust 24, 2022

Today we are looking at trading GBP/USD on the 1-Hour chart. We have a potential bull flag pattern forming. Now, this is very important, this is...

Is It Time To Buy The DAX (DE40)? – Bullish Engulfing Candle

Chart PatternsAugust 23, 2022

I am looking at trading the DAX today on the 4-hour chart. We may have a bullish engulfing candle being printed. We have seen nothing...

Trading (EUR/USD) Support Level – Engulfing Candle

ForexAugust 16, 2022

Day trading EUR/USD and waiting for an engulfing candle to appear. Waiting for a confirmation bounce on the support level. We are trading the 4-Hour Chart. As...

(AUD/USD) Bull Flag – Wait For A Break And Close

ForexAugust 10, 2022

Looking at trading a possible bull flag on AUD/USD today in the 4-hour chart. The bull flag pattern is a simple, easy-to-use strategy. We can see...

Can Bulls Over Power The Loonie? (CAD/JPY)

ForexAugust 10, 2022

Bulls Are Fighting hard ( CAD/JPY ) The Yen has been fighting against the Cad to push the price down, At this point, there are multiple confluences...

Bitcoin (BTC/USD) – Bull Flag Setup

CryptoAugust 9, 2022

Looking at Trading a possible easy Bull flag pattern on Bitcoin (BTC/USD) today. In the Daily time frame, we are still in that large ascending...

(GBP/USD) Pound Sterling Bulls Taking Over

ForexAugust 8, 2022

Happy Monday Traders, New wee, New Goals let’s get into it. Currently Pound Sterling seems to be correcting the entire move that NFP has given us on...

(25 JULY – 29 JULY) Weekly Trading Breakdown

FSP Insight ArticlesAugust 7, 2022

Hi everyone, Check out the Weekly Trading Breakdown – Winners Vs Losers for this past week from Monday 1st July to Friday the 5th...

(AUD/USD) Easy Order Block Setup – Wait For A Retrace

ForexAugust 5, 2022

Trading an easy order block setup on (AUD/USD) today in the 1-hour time frame. Today is NFP Friday. This means that prices can become extremely volatile...