Can You Learn to be a Professional Trader? With so many traders coming into trading every single day, the subject of learning to trade and learning to trade Forex successfully, is something I discuss regularly with traders. On a daily basis I have the pleasure of dealing with people from many …
USDCHF Daily Bearish Engulfing Bar | 12th Sep 2013
The USDCHF has fired off a bearish engulfing bar (BEEB) on the daily chart. This BEEB is engulfing only the last previous candle, but has formed after a large false break. Price at the start of this week moved lower after price formed a false break 2 bar reversal. This 2 bar reversal was making a …
EURGBP Fires Off False Break & Moving Into Kill Zone | 10 Sep 13
The EURGBP has moved higher after forming a false break. This false break was a bullish rejection candle that was making a clear false break of a proven support level. Whilst the false break candle was not a valid pin bar because the nose was not long enough to meet the minimum requirements, it has …