The AUDUSD has burst higher on the daily chart after forming a base and double bottom. Before this move higher price had been in an overall longer term down trend and had then moved into consolidation. Quite often when price reverses a trend it does not just reverse straight away and move. Price …
EURUSD Looking to Break Key Price Action level | 4th Sep 13
The EURUSD has closed below a key price action support level at the round number of 1.3200. This level has been a proven level in the past and has acted as both a key support and resistance. Price has now closed below this level and whilst price continues to close below this level and does not move …
How to Win at Forex Trading
How to Win at Forex Trading If a trader goes into any forum on the internet, they can quickly find many different pockets of information. This can be so overwhelming the trader can at times not know where to start. A common myth that is often spouted in these forums is that only 5% of all …