I have been occupied with something else of late which has kept me from this blog. I am now back and to start off I want to discuss two trades that the senior traders in the Forex School Online community forum entered and posted live for other members recently. USDJPY 4HR SETUP This …
USDCHF Moves Lower After Pin Bar
The USDCHF has now moved lower after producing a small Pin Bar on the daily chart. This was not the cleanest Pin Bar and was also not as large and commanding as it could have been. This Pin Bar was formed at a solid resistance area which was where the bears came in to push the price lower. Before …
New York Close 5 Day Forex Charts & Change Time Frames MT4
Forex is not centralised like many other markets and there is no official open and close time. Stock markets for example have a central open and close time that traders can work off and operate around, but, Forex is a 24/7 market with no actual close. This means that different brokers charts can …