ForexBees

A forex trading and techniques blog

Entries for February 20th, 2010

Forex Rectangles

Forex Rectangle Patterns:
A forex rectangle pattern is technical analysis pattern consisting of horizontal lines called support and resistance lines. Rectangles are used for channels or Breakout Trades. Generally forex rectangle patterns are considered as continuation patterns. To say a pattern as a rectangle pattern, it should have at least four pivot points two at the [...]

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Forex Chart Formations

What are chart formations?
Chart formations are naturally occurring patterns in forex trading. These patterns indicate future breakouts in forex trading. If you can identify these patterns you can much better benefit in forex trading as you can identify the break outs. The entire goal is to spot big price movements before they happen so that [...]

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