Traders are often told things about what they should do in their trading, and how they should do them. It is rare however that these traders are told about why it is these things happen that way. Not only should traders be told about what they need to do, but also why it is things work that …
Silver Pin bar
Silver has fired off a Pin Bar Reversal on the daily chart. Since this Pin Bar was formed price has hung around and not done too much. During yesterday's session however we finally saw a break lower. If price can continue it's move lower, the next support would come in around 29.90. Traders who …
GBPUSD Bullish Rejection
Yesterday the GBPUSD formed a Bullish Rejection candle. This rejection candle was formed at an area where price had found resistance many times in the past. Once price had broken this resistance and moved higher, price retraced back lower to now find new support at the old resistance area. Price …