One of the best ways ANY traders can massively speed up their learning curve is by backtesting. You can literally make a years worth of trades within a few hours. What is Backtesting? Back testing is the process of using old historical data to make trades and test a trading method or …
GBPUSD Prints 4hr Chart Bullish Engulfing Bar | 5th Aug 2014
The GBPUSD has printed off a Bullish Engulfing Bar (BUEB) on the 4hr chart. The bullish engulfing bar is down at the extreme lows on the 4hr chart after price in recent times has made an extended move lower with lower highs and lower lows. Before firing off the bullish engulfing bar price started to …
NOKJPY Fires Off Bullish Engulfing Bar Around Lows | 31 July 14
The NOKJPY has now fired off a Bullish Engulfing Bar (BUEB) down at the recent lows where price has been finding support in recent times. In the 4th July Daily Forex Market Commentary we discussed how price had formed a huge pin bar on this pair and this bullish engulfing bar has formed closed to …
