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🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
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The “Mother Bar” Forex Trading Strategy
Tuesday, August 11, 2020
Expert: Barry Norman Hosted by: Alvexo- Forex
- Cryptocurrency
- CFD
- Technical Analysis
- Beginners
- Intermediate
An inside bar forms inside of a large candle called a mother bar. It’s a pattern that forms after a large move in the market and represents a period of consolidation. This is why trading this pattern can be so profitable – you are essentially buying or selling a breakout, or continuation of the preceding trend.
Understand that when you see this type of chart pattern, whether Forex trading or trading stocks, you are looking at inside bar trading type of setups that depend on momentum showing up to carry price through the high/low of the previous candlestick.
Barry Norman
The Director of Investors Trading Academy as well as a published author and educator. Barry brings with him over 35 years of financial market knowledge and experience. He holds an MBA in Finance and Economics from UCLA and an undergraduate degree in Economics from the University of Maryland. Barry was award the title of “Best Education in Europe” by Global Banking & Finance. Barry is also a presenter for the MoneyShow and many well-known news sources.
Understand that when you see this type of chart pattern, whether Forex trading or trading stocks, you are looking at inside bar trading type of setups that depend on momentum showing up to carry price through the high/low of the previous candlestick.
Barry Norman
The Director of Investors Trading Academy as well as a published author and educator. Barry brings with him over 35 years of financial market knowledge and experience. He holds an MBA in Finance and Economics from UCLA and an undergraduate degree in Economics from the University of Maryland. Barry was award the title of “Best Education in Europe” by Global Banking & Finance. Barry is also a presenter for the MoneyShow and many well-known news sources.