The reason trading with price action can be profitable is because whilst the Forex market is random, the humans who trade it are not. The traders and organisations who participate in the market operate out of habit. Given similar situations, humans behave the same way because of their habits. It …
Gold Winding up for BreakOut | Price Action Commentary | Johnathon Fox
The price on Gold has been winding up tighter and tighter over the last few days. On the chart below we can see yesterdays daily candle has formed an inside bar. The last few weeks have been very choppy for gold with no clear bias either way. The safest play in this market is going to be to wait …
EURGBP Trading Opportunity | Price Action Commentary | Johnathon Fox
There are many solid trends in place in the Forex markets at present time. Trending markets can be both the easiest and most profitable to trade. The reason for this is because there is a clear direction the market is moving in and it can simply be a case of jumping aboard and riding the waves for …
