The USDJPY has been in a tussle to break either higher or lower the past two weeks. Price has been trading in a very tight range and has been unable to move higher or lower to break this range. The best play in this market is to wait for price to make up it's mind on what way it wants to go. When …
How to Trade Like a Casino
How to Trade Like a Casino One of the biggest mistakes traders make is to keep chopping and changing from Forex system to system. Quite often traders will trawl through a ton of forums and find the next system they think will bring them the profits they seek. The trader will then try a new …
EURJPY BEEB
The EURJPY has formed a Bearish Engulfing Bar (BEEB) on the daily chart. Price moved up and tested resistance before moving lower to close near the sessions lows. Support comes in close for this pair around 94.20. Price at a previous attempt to break this support saw price go higher. This market …
