On the 1st of May we made a post in this blog about the 3 day pin bar that had formed on the NZDCAD chart. To read the original post see here: NZDCAD Fires Off 3 Day Pin Bar. After taking time to break the pin bars high and confirm the setup, once price broke higher, it quickly gained momentum and …
AUDCAD Rotates Back Into Value Before Firing Off Pin Bar | 2 May 2014
Most Forex pairs at the moment are trading sideways and are not showing clear trends, so it is important that traders have good range trading skills and are good at identifying price flip levels. Without the crucial skill of being able to pick out the key price flip levels, it can be hard for …
NZDCAD Fires Off Pin Bar on 3 Day Chart | 1 May 2014
The NZDCAD has fired off a pin bar on the 3 day price action chart after price had been consolidating and winding up. Price has been in an extended and obvious up-trend in this pair with price in recent times making a huge leg higher with not many rotations lower back into value areas. Price …
