Trading EUR USD Forex Binary Options – A Strategic Analysis of a Bullish Market

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Trading EUR USD Forex Binary Options – A Strategic Analysis of a Bullish Market

Posted on by John Thiel

Today I will be looking at the Candlestick patterns and trying to formulate a Forex trading strategy on the EUR/USD exchange rates. Chart A represents a Harami Bullish pattern. Harami translates to “pregnant” in Japanese. This specific Bullish Pattern is usually characterized by its small white body contained within a previously longer black real body (for explanations about bullish and bearish markets please refer to our strategy section located at the top menu of the home page). The long black candlestick is referred to as the mother and the smaller one is also known as the baby (my friends call it …

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