Price on the EURUSD has moved lower after firing off a 4hr false break pin bar. This pin bar was making a false break of the recent key resistance level that had been containing price from moving higher. False break pin bars can be really high probability price action signals and once price broke …
EURAUD Breaks Resistance and Fires Off Inside Bar | 1 Oct 2013
Price on the daily chart of the EURAUD has broken through a key resistance level and closed above, signalling that price may have finally flipped from rejecting this level as a resistance to now looking to holding as a new support. As long as price continues to hold above this new support level, …
Are You Over Managing Your Forex Trades Into Losers?
Are You Over Managing Your Forex Trades Into Losers? What many traders are very slow to realise is that the skill to making consistent profits is not in where the trades are entered, but after the entry has been made, how the trades are managed. A quick glance in any forum will show that the …