congestion

Welcome to RegFOREX website!

Whether you want to learn the basics of stock and currency market, develop your trading skills and find working approach to identifying correct trading signals, whether you are already familiar with FOREX trading and want to deepen your knowledge of market and develop professional skills, or whether you are in a search of working trading system, this collection of articles will help you on your way to the big success.

Find out the underlying causes of stock market movements:

Day Trading — What It Is and What It's Not

The Three Phases of the Trading Day

Is it Possible to Earn Money With Day Trading?

Learn to identify the most important chart formations:

Identifying a Congestion

Identifying a Trend

Breakout Patterns

Find answers to the most debatable questions about FOREX trading:

Where and How to Place Stops

Basic buy signals – What to look for?

Learn to identify and trade using one of the most amazing patterns ever:

What Causes a Ross Hook?

Identifying Ross Hooks Patterns

Identifying a Ross Hook Validity Based on Trend Analysis

Identifying a Congestion

One of the concepts I learned in the earliest years of my trading was how to know when I was in congestion. I was taught each of the concepts I will present, the most recent by my trader friend, Neal Arthur Muckler. I'll begin with that one.

Any time prices close on four bars, within the confines of the range of a single price bar and subsequent to that bar, you have congestion. This is regardless of where the highs and lows may be located. The single price bar may be termed a measuring bar.

You will have to closely and carefully study the charts that follow. Congestion can be very subtle in appearance. Often the difference between congestion or trend is the positioning of a single open or close.

Syndicate content