The price action in the Spot Brent Crude Oil market has printed a huge false break pin bar on the 2 day chart. Price on the first of the two days tried to make a break lower and as the daily chart shows below; price closed strongly lower. Then on the daily chart, price snapped back higher and …
CADJPY 2 Bar Reversal Sends Price Into Key Daily Resistance | 13th Aug 14
The CADJPY has fired off a 2 bar reversal on the daily price action chart. If price breaks and confirms this 2 bar reversal it would not surprise to see price gain momentum and move higher back into the recent daily key level around the Round Number (RN) of 94.00. This round number has been a …
Back Test Your Trading Strategy to Success
Back Test Your Trading Strategy to SuccessOne of the best ways traders can practice their trading method or system and speed up their learning curve is by what is called “Back Testing”. Back testing is the process of using old historical data to make trades and test a trading method or system. When …
