Are You Over Managing Your Forex Trades Into Losers? What many traders are very slow to realise is that the skill to making consistent profits is not in where the trades are entered, but after the entry has been made, how the trades are managed. A quick glance in any forum will show that the …
AUDUSD Moves into Near Term Daily Support Level | 27th Sep 2013
Price on the AUDUSD has now fallen lower and into a key daily support level. This level had previously acted as a key resistance and price had struggled to break through, but once price burst through and moved higher it started acting as a price flip point and is now looking to act as a new key …
EURAUD Daily Price Action Bearish Engulfing Bar | 25th Sep 2013
The EURAUD has formed a Bearish Engulfing Bar (BEEB) on the daily price action chart. This BEEB is rejecting the recent resistance, however it is not up and at a swing high like we would like and it is not sticking out and away from all other price like the best engulfing bars should do. Because of …
