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...
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Tag: support
Technical trading – USDJPY USDJPY Daily This is what I wrote on 12.12.2024. : Pattern – Bullish If we get over 152.850 -we might see a run over 154.000 tomorrow Now do not get me wrong...
How to Trade the Current EURUSD Trend Unlike retail or day traders, large funds or “real money” traders do not have the luxury of being able to turn positions quickly. While I am not privy to...
Forex Trading Glossary – U/V/W Forex Trading Glossary – U/V/W Forex Trading Glossary – U Unrealized Profit or Loss The profit or loss status of open trades. Uptrend Characterized by a series of higher price highs and...
Forex Trading: A Constant Search for Equilibrium Do you ever wonder why you turn on your screens and it is often hard to figure out which way the forex market will move as it appears to be...
Forex Trading Glossary – S Saucer Pattern A chart formation that shows a gradual decline then a gradual rise in prices with the resultant effect of price taking a saucer-shaped pattern. (Is also known as a rounded...
The Amazing Trader: All You Will Ever Need to Trade See why we say The Amazing Trader is all you will ever need to trade. The Amazing Trader (AT) delivers proprietary chart levels to your charts in real-time....
Weekly FX Charts Update I don’t remember a time when all the key currencies were focused on pivotal levels, which will dictate respective tones going forward. EURUSD Monthly Chart – Pivotal: 1.12 BULLISH 1,12...
Weekly Charts USDJPY Weekly Outlook With the BoJ restoring a two-way risk, expect a choppy range as long as it stays within 155-160. Any move above 158 would raise the intervention risk. I got this from...
Japanese Candlesticks with Support and Resistance If you are looking for tools that are going to let you know how the Forex market is going to respond, you need to be able to identify Japanese Candlestick patterns....
Japanese Candlestick Bodies & Shadows Japanese candlestick price charts may seem daunting, so we made an easy guide to understanding them. Real Time Charts Body Positivity Just as we all have varying body sizes, Japanese candlesticks...
6. What Triggers an Exit? “Know when to hold em’ and know when to fold em’” as they say in poker. You also need a great exit strategy when you enter into a trade as well. You need...
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