fibonacci retracement

Fibonacci (Clearer Picture)

Fibonacci (Clearer Picture)

Fibonacci – Forex trading strategies I would like to show you guys on fibonacci. In the above chart, eur aud h4. We can see the fibonacci values but not see where is it drawn from. The high point and the low point. In such scenario, we forgo to play the fibonacci and not draw it […]

Confluence and Reasons to enter 22/06

Confluence and Reasons to enter 22/06

A member in our private group pointed out this. Pin bar at the gbp usd h4 Reasons 1) to enter – Nice pin bar with a nice long nose, both eye at an equal level. Protruding off the rest of the bars. Reason 2) – Pin bar at a swing high Reason 3) – Bouncing […]

Breakout trade 21/06

Breakout trade 21/06

Forex trading pair: usd cad h4 Breakout trades are what long time forex traders use only. They alone can be used for a living in forex. Lets see the one here at usd cad h4. Long consolidation as highlighted in the box. Entered on the sell trade as seen. Lets see what happens.