The AUSSIE200 fell away dramatically this week. On the weekly chart we can see a very clear and obvious Bearish Engulfing Bar that gave traders a chance to take part in this huge sell off. Often you will hear traders talk about what the news made the market do etc. I am of the very firm belief …
The Myth of Risk Reward
The Myth of Risk Reward This article today is going to cover one of the biggest myths that Forex traders world over believe in. A lot of traders have many false beliefs when it comes to trading, full stop. However this particular myth hurts traders substantially. The myth we will look at …
GBBPUSD Smashes Support – Looking For Shorts
The GBPUSD tested support overnight and smashed right through it. This area was previously seen as a chance to get long if Price Action presented. This is why waiting for solid Price Action setups to open a trade is key! Now the market has shown it's hand, and price is definitely bearish. Rally's …