Price action on the current 4 hour chart of the GBPJPY currency pair has formed a triangle pattern. Based on that pattern, this article will demonstrate when to enter the trade and where to place the stop as well as the limit.
June is just getting warmed up in its second week of trading. Using our building block method of trend identification, we will see if the EURJPY can continue its current 411 pip trend.
June is just getting warmed up in its second week of trading. Using our building block method of trend identification, we will see if the EURJPY can continue its current 411 pip trend.
Actively managing stops is just as important as entry execution. Price channels can help find highs and lows on a graph to assist in defining trade risk.
Actively managing stops is just as important as entry execution. Price channels can help find highs and lows on a graph to assist in defining trade risk.
Last Friday, the FXCM SSI Tidal Shift Strategy indicated the potential for a counter trend bounce higher. This bounce is closing in on a significant resistance level at 1.2665.
Last Friday, the FXCM SSI Tidal Shift Strategy indicated the potential for a counter trend bounce higher. This bounce is closing in on a significant resistance level at 1.2665.
Gold has recently pulled back off its 181% advance from 2008. Today we will focus on the fundamental factors currently driving the price of the yellow metal.
Gold has recently pulled back off its 181% advance from 2008. Today we will focus on the fundamental factors currently driving the price of the yellow metal.
June is just getting warned up and new market trends are developing. Using our building block method of trend identification, we will see if USD momentum can continue to influence both the EURUSD and USOil.