Watch this video to see what Johnathon is looking for in this week's trading. The keys levels and trends that Johnathon is looking to trade with are covered, as well as a tutorial on how to spot retracements that offer trades from value areas. Do not miss this video to get a heads up on where to be …
EURGBP & USDCAD Trade Signals
This week we covered two setups as they formed on the daily charts of the EURGBP and USDCAD. EURGBP DAILY CHART Earlier in the week we discussed a live 2 bar reversal that had formed on the daily chart of the EURGBP. To read that post see here: EURGBP 2 Bar Reversal. From this setup …
USDCAD Bearish Engulfing Bar
The USDCAD has formed a bearish engulfing bar (BEEB) on the daily chart. This BEEB is formed up at a swing high and rejecting a solid resistance level. The major problem for this setup is Very Big Round Number (VBRN) of 1.000 that sits just below this BEEB. If price can solidly move through the …