There is a lot happening in the Forex markets tonight as I write this up for you. The two Forex pairs I am concentrating on in the daily trade setups commentary are the GBPCHF and USDCAD, but there are a lot of other pairs, major stock indices and other markets either breaking out or moving into …
Price Action Charts in Focus
USDSGD Fires Off Huge Engulfing Bar to Break Price Flip Support | 19th June 2015
The USDSGD has fired off a huge Bearish Engulfing Bar (BEEB) on the 4 hour price action chart. This Bearish Engulfing Bar has smashed lower and through a major daily price flip support that price in recent times has really respected. The really two important things to note about this BEEB are …
Nat Gas Fires Off Large Bearish Price Action 2 Bar Reversal | 12th June 2015
The Natural Gas or XNGUSD has fired off a Bearish 2 Bar Reversal on the daily price action chart. This 2 bar reversal is sticking right up and out higher away like the best 2 bar reversals should be. A major mistake that a lot of traders make when trading reversal trigger signals is that they …