Hi guys, just a quick heads up; as you have probably noticed by now, I am testing making these daily trade setup posts at a few different times of the day lately to see what brings you the most value, what helps your trading the most and what you get the most out of. For a long time I made the …
Price Action Charts in Focus
What to do if the US 30 Retraces Back Into a Key Daily Resistance? 12th Mar 2015
Price in the past two days on the US 30 or the Dow Jones has smashed through a crucial support level on the daily price action chart and most importantly remained closed below. As the daily chart shows below; this level has acted as a previous resistance and "flipped" to act as a support level, with …
What is the Price Action Telling us on the Brent Oil Daily Chart? | 6th Mar 2015
Price action on the daily chart of the Brent Oil market is stuck trading in a severe sideways range. Price is stuck at the present time unable to make a sustained move either higher or lower because of this severe boxing as the daily chart shows below; Boxing is when the price action moves and …