Price has soared higher on the EURAUD daily chart after forming a bullish engulfing bar (BUEB). This setup was posted live on this blog as it was forming on Tuesday 20th August and you can see the original post HERE. This BUEB was a high probability price action setup because it had many factors …
Professional Forex Trading is a Business and NOT a Game
Professional traders all treat their trading the same way. They understand they are not trading for the love of it or for the fun of it and whilst they may enjoy trading and they may love what they do, it is not reason they enter into trades. The sole reason professional traders make any trade is …
Gold Fires Off Pin Bar With Up-Trend 21 Aug 2013
Gold has formed a base on the daily chart and has now made the 1,2,3 trend change pattern with higher highs and higher lows signalling price is in an up-trend on the daily chart. You will notice on the chart below, before changing to an up-trend at the very low, before making a move higher price had …