The AUDNZD has formed a Pin Bar on the two day chart or a Two Bar Reversal on the daily chart. Whilst this Pin Bar is against the most recent up-trend it is formed rejecting a solid and proven resistance area. The near term support level for this pair comes in close around the 1.2520 area. If …
GBPCHF Two Day Pin Bar Live Setup
The two day chart of the GBPCHF has formed a bearish Pin Bar Reversal. This Pin Bar is formed rejecting the recent resistance level and is also formed in-line with the recent trend which has been lower. The near term support level for this pair comes in fairly close below around the 1.4070 level. …
How to Trend Trade the Forex Markets
Have you heard of the saying “The trend is your friend, until it bends”. In our students area we are always encouraging new traders to only make trend trades because this is one of the very few Forex sayings that is entirely accurate. What many traders have a problem with is that they know …
