Forex Brain Trainer Review

Most likely, if you are here, you are trying to find out more about the product “Forex Brain Trainer”. You understood the value and the importance of using and integrating candlestick patterns into your trading strategies and plans. You wish to learn more about candlestick patterns and you hope there will be some good resources out there to help you with that. I am certain that the Forex Brain Trainer can do the job for you!

Many people, including myself are afraid of purchasing products off the internet. It lacks the feel of trying out the product before you are convinced to own it. It’s natural. You certainly feel that way for Forex Brain Trainer too. That probably explains why you are looking into this review to get yourself more informed about this product to make better choices. Read on and let me share with you my personal encounter when I used Forex Brain Trainer. Evaluate it and decide if this product can help you.

Forex Brain Trainer consists of a series of short, concise and comprehensive videos. It consists of 4 main video segments. They are the introduction, basic patterns, intermediate patterns and advance patterns. It also consists of a newly added feature called the “Turbo Tester” which serves to help you check your understanding about candlestick patterns through some simple challenges and tests.

Introduction Segment

Over here, you can expect yourself to learn the basics of how to interpret and read a bullish and a bearish candlestick bar. You will learn how a typical candlestick bar is constructed as well as the glossary candlestick terms like open, close, high, low, wicks and the body. This short introductory video will also teach you how to navigate through the other video resources found in this product.

Basic Patterns and Intermediate Patterns Segments

Under the basic pattern segment, you will start off by learning some very basic candlestick patterns. These patterns are usually made up of 1 candlestick bar (1 bar pattern) or a combination of 2 candlestick bars (2 bar pattern). For example, in the video resource, you can expect to see something similar like the below screenshot. The screenshot shows a particular bearish shooting star candlestick pattern.

In addition, you will see some other features like the “U-turn” arrow on the top left and the probability indicator on the top right. The “U-turn” arrow shown in the below screenshot suggests that this candlestick pattern is a form of reversal pattern. That means, you are supposed to know that such elaborated pattern is meant to reverse the direction of the existing trends. Alternatively, a straight arrow represents a continuation pattern and it suggests resumption or continuation of existing trend movements.

On the other hand, the probability indicator suggests the reliability of this signal. It is measured in a scale of 3 stars. In the below image, 1 star suggests that the bearish shooting star candlestick pattern has a low probability of reversing the existing trends. When you spot 2 or even 3 stars, they mean medium and high probability respectively.

Below are some other candlestick patterns which will be shown in the intermediate and advance patterns segments.

Basically, intermediate patterns segment shares a slightly more advance knowledge about the candlestick patterns as compared to the basic patterns segment. The intermediate candlestick patterns may consist of 3 bars or more candlesticks combination to form a candlestick pattern. This can be seen in the above screenshot.

Advance Patterns Segment

Advance pattern segment resembles the basic and the intermediate patterns segment except that the candlestick patterns are more advance, difficult and complex. The candlestick patterns are also presented and put into “real market” context in this segment. They are applied onto situations like trend structures, support and resistance lines and even used in chart patterns like triangles, flags and breakout patterns.

The aim of this segment is to show the dynamics and the versatility of the candlestick patterns. The candlestick patterns are not just used in an isolated manner, but it can also be used and incorporated into other technical analysis knowledge like chart patterns, trend lines analysis and support resistance concept.

Turbo Tester: Try Challenging Yourself

After reviewing all the 4 main videos, you can further challenge yourself by taking a series of tests. These tests are provided under Turbo Tester. It is an additional add on feature to help you in your candlestick pattern learning. There are 3 kinds of tests.

They are:

Name the pattern test
Draw the pattern test
Star chart test

Name the pattern test

This test requires you to choose the correct names for the candlestick patterns you have learnt under basic, intermediate and advance patterns segments. This test contains marks allocation and time constraint for completion.

Draw the pattern test

This test requires you to choose and match the correct candlestick pattern to the correct name. 4 choices are given and you are supposed to drag the correct choice into the white box. Again, this test contains marks allocation and time constraint for completion.

Star chart test

This test requires you to guess the correct probability and the reliability of the given candlestick pattern. Personally, I find this very helpful because this helps me in “memorizing” which candlestick patterns are worth trading and which are not and should be avoided. It helps me in my trade selection in order to avoid taking low probability trades.

All in all, I hope this simple review has given you sufficient insights into the features you can expect from the Forex Brain Trainer. Forex Brain Trainer can certainly help you in your mastery of the various candlestick patterns. You can also expect yourself to learn and know which candlestick patterns are worth trading according to its reliability. Through these series of videos, you will be an expert in reading candlestick patterns in no time and it will certainly help you in mastering the psychology of the human emotions behind these candlestick patterns. Let Forex Brain Trainer help you in your mastery of candlestick patterns!

Market movements are all reflected on your candlestick charts. Master your candlestick charts and your profits will come.

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