Price has broken out on the daily EURCAD chart of the key resistance level. Price is in a clear up-trend in this market with price making higher highs and higher lows which is a key indication in all up-trending markets. Price in recent days has run harder to the up-side and has burst through a very …
EURAUD Flies Higher After Bullish Engulfing Bar | 22 Aug 2013
Price has soared higher on the EURAUD daily chart after forming a bullish engulfing bar (BUEB). This setup was posted live on this blog as it was forming on Tuesday 20th August and you can see the original post HERE. This BUEB was a high probability price action setup because it had many factors …
Professional Forex Trading is a Business and NOT a Game
Professional traders all treat their trading the same way. They understand they are not trading for the love of it or for the fun of it and whilst they may enjoy trading and they may love what they do, it is not reason they enter into trades. The sole reason professional traders make any trade is …