Is the Trump Effect Impacting the EURUSD and the DAX? Here is a question? Why has the EURUSD recovered and DAX at record levels given the risk of Trump tariffs. prospect of lower interest rates, an...
I’m Can I Use Monthly Charts to Trade Forex? While most (if not all) retail traders do not trade off monthly charts, it pays to keep an eye on them for the major trends. Only those with...
Embrace the Retrace As those who have followed my thinking know, I believe trading is common sense. When you think of trading this way you can make sense of what many take as blind faith and...
This Will Change the Way You Look at Trading Let me start out by saying where you place a stop is more important than where you enter a trade. Understand this concept and you are on...
Weekly Charts 28.07. – 02.08. EURUSD Weekly Chart Resistances at : 1.08600 , 1.09500 & 1.09700 Supports at : 1.08350 , 1.08050 & 1.07450 Major Support comes at 1.06800 Major Resistance at : 1.09700 Pattern...
Weekly Charts – 22.07 – 26.07. EURUSD Weekly Supports at : 1.08750 , 1.08300 , 1.07650 & 1.06700 Resistances at : 1.09300 , 1.09500 & 1.09750 So Playing field is between 1.06700 & 1.09750 – is this...