The Best Forex Pairs & Markets to Trade Two of the most common questions I tend to receive over email are; what pairs should a trader trade and is it better to concentrate on just one or two pairs or many. Normally to answer the first question it can be difficult because every trader has a …
USDCAD Has Printed Off Daily & 4hr Bullish Engulfing Bars | 13th Dec 2013
The USDCAD has fired off multi time frame Bullish Engulfing Bars (BUEB) on the 4hr & Daily price action charts. In yesterdays post in this blog I posted about how price had formed a bearish engulfing bar which was pushing price lower and into a key support level that traders could target to …
USDCAD Daily Engulfing Bar Send Price Closer to Key Support Level | 12 Dec 2013
A counter trend bearish engulfing bar on the daily price action chart of the USDCAD that was rejecting a longer term resistance has sent price lower and close to the key support level. The Bearish Engulfing Bar had a large wick that was clearly rejecting higher prices with price managing to close …
