The beginner's guide to technical analysis.
3Elementary
Support and Resistance Levels
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What is Support and Resistance?
Let’s start with the most basic concept of price action analysis and how to start plotting them.
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Trend Lines
The most basic–but powerful–charting tool in the tool box.
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Trend Channels
Now that you understand trendlines, let’s take it a step further into channels to see opportunities in trends.
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How to Trade Support and Resistance
Time to learn how to trade the lines using two simple ideas: the Bounce and the Break!
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Summary: Trading Support and Resistance
A quick recap on support and resistance zones, and how to spot potential trading opportunities with them.
Japanese Candlesticks
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What is a Japanese Candlestick?
See why reading Japanese candlestick charts is a popular component of technical analysis.
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Japanese Candlestick Anatomy
Just like humans, candlesticks have different body sizes. As forex traders, it’s important to take note of what type of body a candlestick takes!
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Basic Japanese Candlestick Patterns
What do spinning tops, marubozus, and dojis have in common? They’re all the basic types of candlesticks!
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Single Candlestick Patterns
What the heck is the difference between a hammer and a hanging man? Time to start learning about your basic candlestick patterns!
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Dual Candlestick Patterns
They say that trouble comes in twos. Read on to find out how dual candlestick patterns may not necessarily spell double trouble for your account.
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Triple Candlestick Patterns
In the forex market, three’s not always a crowd. Not when you’re talking about morning stars, black crows, and three inside up patterns, that is.
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Japanese Candlestick Cheat Sheet
Think you’re ready to spot basic candlestick patterns with blindfolds on? If not, don’t worry! Here’s a candlestick pattern cheat sheet just for you.
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Candlesticks with Support and Resistance
Learn how to trade candlesticks with support and resistance levels.
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Common Mistakes That New Traders Make With Japanese Candlesticks
Here are five mistakes that new traders often make when using Japanese candlesticks.
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Summary: Japanese Candlesticks
Here’s a rundown of what you need to remember about Japanese candlestick patterns.
Fibonacci
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Fibonacci Trading
No, Fibonacci is not some type of pasta. Learn all about the man behind the concept and what it actually means.
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How to Use Fibonacci Retracements
The first thing you should know about the Fibonacci retracement tool is that it works best when the market is trending.
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Fibonacci Retracements are NOT Foolproof
What happens when Fibonacci fails? Could it be because of your swing highs and lows, or are markets just not responding to it?
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