Determining Profit Targets for Double Top and Double Bottom Patterns
Here is how to figure out where to place your limit order when trading these patterns...
Here is how to figure out where to place your limit order when trading these patterns...
The AUD/NZD move to the upside is picking up steam.
USD volatility has a lot of traders sitting on the Sidelines of the FX Market. I trade these situations a little differently; I look for cross-pairs that might have some tradable opportunities. Currently – I’m on EUR/CHF waiting for my entry.
A combination of GBP strength and continued USD weakness has resulted in a new 12-month high for the GBP/USD.
So what exactly does a strong trend look like?
Once again, the USD/CHF printed an all-time low.
Identifying and using support and resistance for entries and exits is a solid approach. Fibonacci retracements are one way to potentially identify those levels.
Another flight to safety by traders and another new all-time low for the USD/CHF.
Exactly what kind of trading information does the Doji provide?
The GBP/USD appears poised to move up to test the 1.6300 level.