How were you Prepared for Trading this past Week?
This past week we’ve seen big and fast moves across many forex currency pairs. This also caused many important daily support and resistance levels to be broken. (more…)
The Rectangle Pattern
In this post I’m covering the rectangle, another popular chart pattern used in technical analysis. The rectangle (also known as a trading range or box) can be a continuation or…
A Look at NZDJPY for the Week of 14 June 2021
One of the charts I’m looking at for this coming week is that of NZDJPY. Refer to the chart below for the following discussion. (more…)
GBPUSD Close to Big Resistance (Week of 7 June 2021)
In this week’s post I’m focussing on GBPUSD. This post is more of an exercise for those interested in trading support and resistance. (more…)
A Look at AUDNZD for the Week of 31 May 2021
In this post I’m discussing a support zone I’m watching in AUDNZD. See chart below for the discussion that follows. (more…)
Want to be a More Responsible Risk Taker as a Trader? Read this
Always remember that the moment you enter a trade, you are risking money. Keep that in mind whenever you are putting on a new position. You are risking real money.…
If there’s No Setups, then there’s No Setups; Don’t Force Trades
I realized that I scrolled through the same charts more than once looking for potential trade setups over the weekend. This was a clear message to me that there just…
Discussion / Update on EURJPY, EURCAD and AUDUSD from Previous Posts
In today’s post I just want give a quick update and discuss some of the charts I posted over the last couple of weeks. (more…)
Trading Wins and Losses Come in Clusters; Except that and Become a Better Trader
I’m sure that for most traders out there it is difficult to deal with a couple of losing trades in a row. I am no different. (more…)
A Look at AUDUSD for the Week of 10 May 2021
AUDUSD broke recent resistance. See chart below for the discussion that follows. (more…)
A Look at EURCAD for the Week of 3 May 2021
EURCAD is currently close to support. See picture below for discussion. (more…)
The Morning and Evening Star Candlestick Patterns
In this post I will be covering the morning star and evening star candlestick patterns. Both are potent in identifying a potential reversal of price (current market trend). If you…