The S+P 500 has formed a Bearish Engulfing Bar (BEEB) on the daily chart that is testing the recent highs after price has made a large run higher. After making an all time high, price moved into a period of consolidation before retracing back lower and price has now moved back into these highs for …
Oil is on The March Higher on The Price Action Chart | 19th Feb 2014
WTI/USD (Oil v USD) has smashed higher and through the recent resistance that was also the Very Big Round Number (VBRN) of 100.00 and is now on the march higher on the daily price action chart. After creating a double bottom in the middle of January, price has reversed steeply and this has seen …
Johnathon Fox’s 5 Steps to Successful Forex Trading
Johnathon Fox’s 5 Steps to Successful Forex Trading One of the most common questions I get asked regularly is “What are the things I should do in my trading” or “What are the steps I should be taking” etc., and whilst there are many different roads a trader can take, there are a few main steps that …