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…
A Look at EURJPY for Week of 26 April 2021
One of the charts I like for this coming week is that of the EURJPY. See chart below for discussion that follows: (more…)
A Look at AUDUSD for the Week of 19 April 2021
In this post I’m taking a look at AUDUSD for a possible long. (more…)
Update, Discussion and Lessons on EURGBP and USDCHF Pairs from Last Week
Last week I wrote that my plan was to go short EURGBP and long USDCHF depending on certain levels that must be reached and confirmation in terms of candlesticks. You…