Forex Articles – Page 5 – Health and Me
22 Dec, 2024

Trading Australian Employment data -Price Action suggesting to short

Price Action in Australian dollar is quite rangebound as it can be expected due to high impact release of Australian employment data. What will be hit first 0.8000 or 0.7962 and I would look for breach of 0.7962 to short at return to 0.8000 with stops around 0.8030 and targeting 0.7860 but it all depends […]

1 min read

Useful steps to choose before choosing a trading system—-See the facts you need to know before relying on traditional methods

How to build a powerful trading system Forex price action strategies ——Never use failure price action techniques like fibos, trendlines and candles as price never react at those levels randomnly and if you expect trendline to hold the price when it is tested then think about it again because when I have to buy some […]

2 mins read

Price Action is quite subdued in Loonie —Look for short setup around 1.3470

Hi, Its quite a while since any recommendation, the reason  being busy schedule. Beside being a currency trader I have my own business of selling products to e-commerce sites. Recent price actuon has not changed quite a lot in Euro and pound as market still searching for yearly low and high. Point of concern here […]

1 min read

Long term updates of Euro-dollar. Approach to trading levels —Forex trading strategies

Forex strategies ways to find imbalance on a currency chart In this article, I have taken the example of euro-dollar chart to let everybody know that price respect strong rejections and strong levels while approaching those levels and taking these into mind can really improve you as a trader, and when you have similar things […]

1 min read