Practicing To Be the Best A lot of traders start off into their trading and fall into the trap of trading anything and everything which we all know is of course called “over trading”. Whilst this is easy to spot, this is far harder to stop and the major problem with this is that every time you …
NZDCHF Fires Off a Solid False Break Bearish Engulfing Bar | 8th Nov 2013
The NZDCHF has formed a Bearish Engulfing Bar (BEEB) on the daily price action chart. This BEEB has a very long wick on it that is protruding up and through the resistance and making a false break. A false break is made when price pushes through a level and snaps back to "fake out" the market to …
NZDCAD Forms Bearish Rejection at Key Resistance | 7th Nov 2013
NZDCAD has formed a bearish rejection at both a long term and short term resistance level. This rejection candle does not have a big enough nose to meet the requirements to meet the criteria for a valid pin bar. You can read the criteria for a pin bar here: Trading The Pin Bar Reversal. If this …
