Gold has now shot higher on the weekly chart. The catalyst for this move higher was a solid Pin Bar that was covered in this blog in a previous post. Price has now given traders a chance to either take profit, protect their capital or a mixture of both. Price is now sitting just under the …
Work Out Trading Profits in Money and Not Pips
Work Out Trading Profits in Money and Not Pips It constantly amazes me when talking to traders and they work out profit or loss in pips. A common question I get asked is “how many pips should I make trading price action?” Or another example is “should I have a minimum pip profit target each …
EURAUD Screams Higher After Pin Bar
The Pin Bar that formed on the EURAUD 4hr chart and was posted in this blog yesterday screamed higher soon after posting. This setup was also heavily discussed in the members forum. Well done to all the members who were able to get aboard this trade and make some decent pips. Traders could have …
