Technical analysis traders using candlestick patterns and price action often assess their charts and look for trades without looking or thinking to deeply into the matter.That’s because to be a profitable trader the mechanics of how the system works don’t need to be known as long as the system can …
USDCAD Pin Bar Pays Off | 10th Oct 2013
The USDCAD has finally moved higher and into the first minor resistance after breaking the high of the weekly pin bar reversal. Price has been struggling to move anywhere for the previous two weeks, but after breaking higher, price quickly moved into the near term level. This pin bar was discussed …
Looking to Get Long on EURUSD | 9th Oct 2013
The EURUSD has moved into a major resistance area on the daily chart. Price has been in an up-trend on the daily chart in recent times with price making higher highs and higher lows with price now moving into this resistance. This resistance is a long term resistance that can be seen best on the …
