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Telegram is a great way to receive Forex signals because it is fast, secure and can be used on any device.


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Free Forex Signals on Telegram


In the Free ones you have only:


➡️ Short Term Signals

➡️ Long Term Signals

➡️ 1 to 2/4 Signals Per Day

➡️ Take Profit & Stop Loss per Signal

➡️Signals only Forex



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In the Premium channel you have:


➡️ Short Term Signals

➡️ Long Term Signals

➡️ 3 to 20 Signals Per Day

➡️ Accuracy: Average 89%

➡️ Take Profit & Stop Loss per Signal

➡️ Signals for Forex, Indices & US Shares

➡️ Guide to use the Signals in the best way

➡️ Privileged access to our Broker partner


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After you receive the signals, open your trading platform and insert them always with TP and SL. Inserting TP and SL will let you to have a better control on the order and you can manage it how you prefer.

Check regularly the trades and if the profits are sufficient you could close manually the ones you prefer.

You will receive a guide that will you explain the details on how to manage our Take Profit and Stop Loss.


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Why You Need to Understanding Technical Analysis ?



Technical analysis is the study of historical price action in order to identify patterns and determine probabilities of future movements in the market through the use of technical studies, indicators, and other analysis tools.

Technical analysis boils down to two things:

  1. identifying trend
  2. identifying support/resistance through the use of price charts and/or timeframes

Markets can only do three things: move up, down, or sideways.

Prices typically move in a zigzag fashion, and as a result, price action has only two states:

  • Range – when prices zigzag sideways
  • Trend – prices either zigzag higher (up trend, or bull trend), or prices zigzag lower (down trend, or bear trend)



Why is technical analysis important?


Technical analysis of a market can help you determine not only when and where to enter a market, but much more importantly, when and where to get out.


How can you use technical analysis?


Technical analysis is based on the theory that the markets are chaotic (no one knows for sure what will happen next), but at the same time, price action is not completely random. In other words, mathematical Chaos Theory proves that within a state of chaos there are identifiable patterns that tend to repeat.

This type of chaotic behavior is observed in nature in the form of weather forecasts. For example, most traders will admit that there are no certainties when it comes to predicting exact price movements. As a result, successful trading is not about being right or wrong: it’s all about determining probabilities and taking trades when the odds are in your favor. Part of determining probabilities involves forecasting market direction and when/where to enter into a position, but equally important is determining your risk-to-reward ratio.

Remember, there is no magical combination of technical indicators that will unlock some sort of secret trading strategy. The secret of successful trading is good risk management, discipline, and the ability to control your emotions. Anyone can guess right and win every once in a while, but without risk management it is virtually impossible to remain profitable over time.



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I personally use candlestick patterns because it’s easy to see patterns…

These chart patterns are like templates. The patterns don’t always look exactly the same … But they look similar enough that when you see them over and over, you realize they can repeat. 

That’s when things can get really interesting.



And they have great names! We’ll get into specific patterns shortly. But first, let’s start with the basics: how candlesticks form. These Are -


doji

marabozu

inverted hammer

rickshaw doji

rickshaw man

gravestone

dragonfly

deviant dojis

how the market works

doji reversal

Hammer hanging man (reversal)

shooting star (uptrend May end)

inverted hammer (downtrend May end)

high wave (strong signal of price reversal)

engulfing pattern

dark cloud cover (reversal downtrend)

piercing line

Harami (not too reliable)

Harami cross (potentious at the top)

Harami star

morning star (downtrend reversing to uptrend)

evening star (at a uptrend for a possible reverse to downtrend)

Abandoned baby & island top (higher tfs)

tweezers (possible reversal after a long trend)

Double tops & bottoms

Three mountains

head and shoulders

three rivers

inverted head and shoulders

Three candles

Three black crows

Three white soldiers

windows/ price gaps


Formation of Candlesticks


These days, candlesticks are formed using computer programs these days. They’ve been in use since 1989 in the Western Hemisphere. Prior to that, some Japanese traders had been using candlesticks for over 200 years.

That was long before the advent of modern computers. So traders would gather the data and draw the charts out longhand.

Lucky for modern traders, computers do all the hard work now.

Candlesticks represent specific time periods. You can use candles to show you one-minute, one-day, or even one-month time periods. Each candle shows you the price action for one trading period.

It’s one more reason to use the best tools, like a stock screener. StocksToTrade has awesome candlestick charts — all you have to do is learn how to read them. I helped design StocksToTrade, so it’s great for scanning and finding penny stock trading opportunities. 



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