The EURCAD has printed a Bearish Engulfing Bar (BEEB) on the daily price action chart that is rejecting the old support/new resistance area. As the daily chart shows below; price has been in an extended down trend and this old support level is where price paused before then continuing on it's move …
How You Can Adapt to High and Low Volatility Forex Markets
How You Can Adapt to High and Low Volatility Forex Markets The markets are ever changing and with it the best traders are constantly re-evaluating their trading and adapting to ensure that they stay up with the changes and their trading edge stays profitable. In this article, I am going to look at …
Germany 30 Index Forms Inside Bar Above Support | 9th Sep 2014
The DE30 or Germany 30 Index is a stock market index of the 30 major German stocks listed on the Frankfurt Stock Exchange. Price on the daily chart has formed an inside bar (IB) just above the key daily support level. Price in recent times has been roaring higher and after making only a slight …