Is Fear Stopping You From Trading Success? Has fear ever hurt your trading or stopped you from pulling the trigger on a potential trade setup? Fear is a super interesting emotion and mindset because, unlike a relatively straightforward emotion like greed, fear wears many different hats and …
Bulls to Stage Reversal, or Bears to Snap Back With Price Action Trend on GBPAUD? | 16th Aug 2016
Price is right down at the extreme lows on the GBPAUD on both the 4 hour and the daily price action charts . As you can see on the chart below, price formed an inside bar ("IB") on the daily chart - this is a pausing or consolidation pattern we have often discussed in this blog. This sort of …
12 Hour Engulfing Bar Forms on NOKJPY to Finish Week | 12th Aug 2016
Price action has fired off a Bearish Engulfing Bar ("BEEB") on the NOKJPY 12 hour chart as we move to finish for the week. As you will see on the chart below, this 12 hour trade setup and reversal trigger signal was still in the middle of forming and the daily chart still had some ways to go …
