The AUDUSD has formed a Pin Bar reversal on the daily chart. This Pin Bar is formed at a key support level and is well defined as well as sticking away from all other price. Price has been trading lower lately with all momentum to the downside. In the recent few days we can see price has been …
NZDCAD Bearish Engulfing Bar | Forex Market Commentary
The NZDCAD has formed a Bearish Engulfing Bar (BEEB) on the weekly price action chart. Whilst this BEEB is formed up at a nice swing high, there is a very close near term support level. If price is to make any more solid moves lower it is going to have to make a break out through this support …
If You Want to Win at Forex, You Have to Learn How to Lose
If You Want to Win at Forex, You Have to Learn How to Lose 99% of traders start out holding the same beliefs and on the same trading path. In particular, there are two main beliefs that have the power to hold the new trader back for a long time or until they realise it and let them go. These two …
