Forex price Action analysis and guide on how to build forex strategies that work in forex – Health and Me

Forex price Action analysis and guide on how to build forex strategies that work in forex

I would start the explanation as a novice. What should a novice trader look to react in a Forex market -its expectations, excitement and emotions and interpertating power to think that every trade is a winner.
Not every pair and market is rated proportionally, say if there is a particular currency is being sold or being bought there has to be a given reason for it to move. Always remember that not all currencies move in tendum. Its about need and targets of institutions when one area is breached, they often look for next target and that really is not possible with all the pairs as some might have hit their targets.

Technical Analysis of Pound for the next week starting 10-12-2021

In the following chart, As per my Analysis a particular zone is engulfed but there are few strong candles that are catching reactions but if those areas are consumed with spikes then price will drop more strongly.

Related Posts

Institutional Traders Left shoulder price action -How to trade Head & Shoulders pattern

Forex head & shoulder patterns > As I’ve already mentioned that most of the price action patterns failed because all of are probably based on fibo ratios,…

Bitcoin Price Prediction and cryptocurrency news that will drive the price of Bitcoin

Bitcoin Price Prediction I would like to alert my Blog readers about the advancement in price of bitcoin. Bitcoin is always in news & U.S is planning…

Ema Trading With example of current price Action of Usd/Jpy

Following the backtest of EMA price action as I mentioned in my previous post Recent pair to watch usd/Jpy. Price is being strongly supported by EMA 72…

Time to Revive the Forex Education Stop hunting process

Forex Price Action with Stop hunting process As all of you know that Forex is a place where there are enough orders to execute the facilitation &…

Is this market really fundamentally driven ?

I’ve seen market takes turn based on what big players are focusing. Federation and Trump & OPEC, people with big guns turns the market at will. How…

Usd Franc Upate Possibly eyeing 0.9931 source of the origin for the next leg down

Check The Usd/chf chart here

Leave a Reply

Your email address will not be published. Required fields are marked *