Professional traders all treat their trading the same way. They understand they are not trading for the love of it or for the fun of it and whilst they may enjoy trading and they may love what they do, it is not reason they enter into trades. The sole reason professional traders make any trade is …
Gold Fires Off Pin Bar With Up-Trend 21 Aug 2013
Gold has formed a base on the daily chart and has now made the 1,2,3 trend change pattern with higher highs and higher lows signalling price is in an up-trend on the daily chart. You will notice on the chart below, before changing to an up-trend at the very low, before making a move higher price had …
EURAUD Fires Off Live Engulfing Bar | 20th Aug 2013
The EURAUD has fired off an live bullish engulfing bar (BUEB) on the daily price action chart. Price on the EURUAD has been in a solid up-trend for the past five months with price making higher highs and higher lows. Price in the last week has retraced lower back into the major support level. This …