Yesterday in this blog we posted about a key level on the GBPAUD. To see that post see click here: GBPAUD Key Level After making that post, price moved higher into the key zone for bears to come in and sell. Price on the 1hr chart formed an obvious bearish price action signal for traders to join …
Time to Short GBPAUD?
The GBPAUD has been trading heavily lower on both the daily and 4hr charts. The best play in this market is to trade with this down-trend and look for opportunities to short at logical resistance areas. Price overnight on this pair has smashed through support. Price Action traders can look for …
High Probability Price Action Trading
When trading price action a common mistake many traders made is to only look at the last candle. An example of this may be that a Pin Bar forms and automatically a trader will look to enter a trade based on this Pin Bar. The problem with this is that the last candle is only part of the overall …