day trade

Forex Trading Strategies – Eur Usd Coming Down?

Forex Trading Strategies – Eur Usd Coming Down?

Forex Trading Strategies -Is Eur Usd Coming Down? Lets look at the daily chart as seen above. The eur usd has been heading up since the 4th of june 2010. And it is finally meeting the 150 moving average as shown in the highlighted oval. To double confirm if there is further confluence. Lets look […]

Price Action – Double Pin Bar

Price Action – Double Pin Bar

Forex Trading : Usd Cad h4 One pin bar right after the after pin bar. This is in confluence with the 365 moving average. If you missed the first pin bar, you should have seen the 2nd one. Price is giving you a second chance to get into the move. It is already gearing up. […]

Forex Trading – Eur Gbp Analysis

Forex Trading – Eur Gbp Analysis

As seen in the chart above, since oct 2007 Eur gbp has been on an up trend. That is a result of years of consolidation before.It has started to make a downtrend movement since march 2010 this year and is forming a shape of a fishing rod that got a big catch. And at the […]

Forex Price Action – Inside Bar

Forex Price Action – Inside Bar

Forex trading : Gbp chf pair As seen in the chart above, a price action – Inside bar in highlighted in the oval shape. When that happens, it means that price will be breaking out of it and heading either up or down. In the highlighted circle, it is not only an inside bar. It […]

Price action – Follow up to previous post

Price action – Follow up to previous post

Forex price action – Follow up to previous post eur usd Pls read the previous post first before reading this On yesterday’s post, we looked at the price action bearish outside bar. True enough, the next move went down and our sell trade has triggered. We would have had taken either partial or full profit […]

Forex Price Action – Bearish Outside Bar

Forex Price Action – Bearish Outside Bar

Eur usd daily time frame shows a bearish outside bar as highlighted in the chart above.Bearish outside bars are trend reversal bars. This coincides with the fibonacci 61.8% level.If we wanted to play it with a little of risk, we can enter at the break of the price action bearish outside bar. But we want […]

Forex Trading – Gaps

Forex Trading – Gaps

Forex Trading – Gaps Gaps happen when the forex market closes and the forex market have some movements before the market opens. When the gap forms, What will they happen. If you had read out previous post about gaps. It will come as no surprise to you. Ans: Gaps usually closes. The market will usually […]

Forex trading strategies : Confluence

Forex trading strategies : Confluence

Forex trading pair : usd cad This is the 4 hour time frame, as we can see in the chart – there is a highlighted box and a highlighted oval shape. The highlighted box represents the consolidation the market is in. If you have been following my blog, you would know that this is where […]

What is Price Action?

What is Price Action?

A lot of people have this question in mind, what exactly is Price Action. And why is Price Action King in Forex? To answer the above question, i start off with talking about indicators. There are tons of indicators out there, be it forex or others. They work mostly the same way. And there are […]

Psychology of Forex Trading

Psychology of Forex Trading

Guys.. this is something important which i want you guys to think about.Most of us spend most of our time looking in charts, looking for good entries to enter. And we spend all our time in that. But are we doing the right thing all these while? let us step out of our charts and […]