High Probability Forex Chart Pattern (Head & Shoulders)

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How to trade the head and shoulders pattern the right way? This forex chart pattern is one of the high probability chart patterns out there but you need to learn to trade it the right way.

Trading head and shoulders require a lot of patience to pull it off. It is easy to spot the pattern but then it is not easy to profit from it because it requires discipline, which a lot of forex traders don’t have.

So i want to to share with you how to trade head and shoulders the right way so that you don’t get stopped out just like everybody else.

It is only a reliable chart pattern only if you know when to use it for your technical analysis.

The head and shoulders strategy is not for everyone because it requires patience. But if you can practice it, then trading the head and shoulders pattern can be profitable for your forex trading career.

Disclaimer:

Advice provided in this video is mere recommendation and I will not be responsible for any losses incurred from your investments or trading activities. Investing and trading is a high risk activity and should be approached with caution. I am not a certified financial advisor. Hence, it is important for you to seek a certified financial advisor to craft your portfolio.

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Singapore youtuber profile:

Karen is Singapore Forex trader, Singapore motivational speaker, Singapore youtuber, Singapore vlogger , author and was ranked #1 in a Singapore nationwide Forex trading contest.

This trader vlog showcases the trading lifestyle and entrepreneurship life, plus weekly motivation for those that are not traders.

It’s also a Singapore vlog where most of the shots are done in Singapore. She will also be bringing you around the island to explore Singapore.

Karen is a motivational speaker based in Singapore and Malaysia and delivers talks that touches the heart of her audience members.

She is a motivational speaker that is well sought after by many schools and event planners as she is known for solving several teenage problems as she has experienced many setbacks as a teenager back then.

Email: karen@karen-foo.com
Website: http://www.karen-foo.com
Facebook: https://www.facebook.com/KarenFooSpeaker
Instagram: https://www.instagram.com/imkarenfoo/

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Music Credit:

A Walk in the Park from Youtube Audio Library

Comments

ldl ldl says:

thank you karen! this is so helpful. I am a fan from Malaysia!

Tanaka Buff says:

Karen how many books do u read a month n how long did it take u to become profitable (consistently) since the begining of ur forex journey

Goodluck Apollus says:

whats the number setting of sma

Apple Min says:

Haha head and shoulders shampoo wtf!!!

Xander dela Fuente says:

very nice video

NOXFLOX says:

Thank you Karen. I'm new for this game. But now i know this pattern very good to make some profits after you teach us. Thank you again Karen Foo.

FERDINAND WANJALA says:

Thank you caren

Aldrin Gilbas says:

Mam please what moving average settings is the best?

991005 tanjh says:

Hi karen thank for all what you shared cuz i had learned a lot from those video. I m thinking why i did not found your video early.

Here I got two questions to ask about,

1) Can you do a video about the forex correction ?

2) I had watched the moving average video, but i still can get the right. For example i use sma 50 and 100 when there is crossover in H1 time frame but it is just in the middle H4 time frame.Is that any wrong?

Once again thank you so much for your teaching.

Liane Blane says:

Great set up for a trade using longer time frames making it more reliable

mohamad joda says:

I love you Karen I laught so loud when i so the shampoo for me because I'm a beginner I will back test it and try to develop new strategies related to it
Thank you Angel

Il Capitano Alexandr says:

Great value info Karen. Greetings

Bimenyimans Xavier says:

Plz let me join your live class am at kigali Rwanda Africa am ready to come and learn plz

sushidukesanji says:

Hi,for day or swing trade what time frame chart in should watch?when I look day, week,hour or minute charts they all give me very different charts and don't know which way to go.when I keep waiting I'm loosing all my money.please explain.thank you

Juan Gabriel Caicedo says:

Thanks Karen, so why do you think high probability patterns work? Yes, if it works why complicate things, right? However I usually try to find an explanation or a reason for setups, it helps me to stick to my plan.

zueslast says:

i havent use the head and shoulder pattern before ,but ill use it for as another way to spot an entry and use to confirm with trades im about to execute, thanks karen, god bless you

Ijaz Farooq Awan says:

Head and Shoulders pattern can be used in trade very successfully by following your guidance.

MONO ALI says:

thanks for the shampoo advertisement

Alan Martin says:

hi Karen, Is your channel for beginners or experienced traders, that have been most of the time unlucky ???

udit aggarwal says:

do we have to trade when it retrace back to 100 sma and giving confirmation?

John Supe says:

Wow i learn something new again.
Thanks karen.
Now i know when i set my tp target.

TryMonster says:

i have no patients this one is hard for me. lol

F4X CAPITAL says:

I use it to enter at the head

Jason White says:

Killing itttttt!!!

mikedok1 says:

Thank you for that tutorial , karen

Vijay Veera says:

You using. Moving average 50 or 84 days????

Roger L says:

Keep going higher

IvonneB says:

Thank you..!!

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