The US 2000 index or the Russell 2000 Index has fired off a Bearish Engulfing Bar (BEEB) on the daily price action chart. This BEEB is up at the swing high and rejecting the major daily resistance area that as the daily chart shows below; has been a major daily resistance level in the past few weeks …
The Trading Psychology of ‘Big Money’ Professional Traders
The Trading Psychology of 'Big Money' Professional Traders This trading lesson is a study of some of the biggest traders in the world their trading psychology and how they think and act differently. It has some HUGE lessons including from traders dealing in hundreds of millions of dollars and I …
Is it Time to Hunt Trades on the Swiss Pairs Yet? | 27th Jan 2015
Just over a week ago we saw a huge shock ripple through the market with the Swiss National Bank (SNB) making a huge decision to pull their base cap on the Euro. This immediately meant price on some CHF pairs smashed lower over 30% at some points in trading. I discussed this in depth in the blog …
