The Myth of Risk Reward This article today is going to cover one of the biggest myths that Forex traders world over believe in. A lot of traders have many false beliefs when it comes to trading, full stop. However this particular myth hurts traders substantially. The myth we will look at …
GBBPUSD Smashes Support – Looking For Shorts
The GBPUSD tested support overnight and smashed right through it. This area was previously seen as a chance to get long if Price Action presented. This is why waiting for solid Price Action setups to open a trade is key! Now the market has shown it's hand, and price is definitely bearish. Rally's …
Market Over Extended
This past week the market in most pairs has been moving very strongly in one direction. Nearly all pairs are over extended and due decent pullbacks. As we know price does not go straight up or down and has to retrace at some point. When the market does move back into some value areas is the time …
