I often have my charts in a tiled view on MT4 – it allows me to look at 15 markets at a glance and see what’s happening in my markets. Now I’ve found a way to change all chart timeframes, on every single market, at once. Read on..
Looking to be a buyer of GBPUSD at 1.3918 for a quick pop to the orange line 1.3956.
I believe this to be a high probability area for a bounce as it is multiple prior highs, with an aggressive move through it, trapping sellers.
1.3852 in GBPUSD is a fantastic level to pivot short off of. However, it doesn’t quite fit my entry criteria. Depending on how you trade, you may get an entry there.
I will wait for price action in the general area in order to gain more confirmation and confidence in the trade level.
To the layman, day trading is something exciting and mysterious. The flashing screen and fast money, the pit traders shouting. What is it that people like about day trading? Read on..
On USDCAD we have seen two days in a row where we’ve failed to close back above the key daily resistance (silver dashed line).
Should we get a break to the downside, through the green line, I will try to position short.
If I see my entry criteria and manage to position short, I believe we will make a move down to the white line, the next area of structure on the chart.
Today I am looking for a bullish bounce in EURUSD off of the 1.2364 area.
This is a huge level of former resistance on the hourly chart and is also visible on the daily chart.
Target at the moment is new highs while my stop loss will need to be at 1.2322.
War is breaking out – of course your first thought is your investment portfolio! What are you going to invest in? How are you going to profit? Read on..