Price on the US500 or what is often known as the S&P 500 is now in a strong short-term trend higher after price had been ranging and trading in a sideways pattern for months on end. Price in this market has been in a severe chop for a long time now with clear major highs and lows. In between …
Hunting High Value Price Action Area on the USDCAD Daily Chart | 17th Mar 2016
In this blog on Forex trading setups & commentary I am regularly showing and teaching you where the value areas are to hunt for trades. If you are a regular reader of the trade setups you will know that we often are highlighting the key value areas where price has either just broken out or …
Nikkei 225 Snaps Lower After Engulfing Bar Triggers on 4 Hour Chart | 16th Mar 2016
Price on the Nikkei or JPN225 (the major stock index of the Japanese market) pushed lower after forming a Bearish Engulfing Bar = BEEB on the 4 hour price action chart. This engulfing bar was up at the high and rejecting a major daily price flip level that has been crucial in recent times. As the …
