Oftentimes after a currency pair has made a strong move in the direction of the trend, a retracement is likely to take place. Even though this a counter
Before a trader decides to trade an ascending or descending trading channel, they must first determine that the channel is, in fact, valid. This article
Before a trader decides to trade an ascending or descending trading channel, they must first determine that the channel is, in fact, valid. This article
The EUR/JPY is quickly reaching resistance in a 2629 pip downtrend. The formation of a rising wedge has helped signal the potential for a fresh breakout
Oftentimes traders will greatly expand the scope of their charts to the point that they are viewing only a limited number of candles. While they have a
Oftentimes traders will greatly expand the scope of their charts to the point that they are viewing only a limited number of candles. While they have a
The EUR/JPY has advanced nearly 100 pips since Wednesday. As price reaches resistance under 110.00 , traders can look for a break of an ascending
The AUD/USD has declined 185 pips over the last two trading days. Its correlation to silver makes it a viable candidate for new breakout entrys.
Silver has moved over 40% lower from its 2011 high. Prices falling off of channel resistance gives traders the opportunity to join the move.
GDP numbers are on tap next week for the UK. GBPUSD traders will be primed to set fresh entry orders on increased event volatility .
