Have you heard of the saying “The trend is your friend, until it bends”. In our students area we are always encouraging new traders to only make trend trades because this is one of the very few Forex sayings that is entirely accurate. What many traders have a problem with is that they know …
GBPUSD Retrace and Trading Oppurtunity
The GBPUSD has been in a heavy down-trend in recent times. This avalanche lower was kicked off by a large false break Pin Bar that stuck out up at the high and away from all other price. People that follow this blog would know that a common mistake traders make is by trying to trade against to …
USDJPY Bursts Higher Through Resistance
In recent times in this blog we have covered how the USDJPY has been in a super strong up-trend. When trading the Forex market the trend really is your friend and when you can identify an obvious trend like has been in place on the JPY pairs it is best to trade with it and not fight against …
