Everyone hopes to gain an edge in the markets and develop their trading skills, and while various indicators, analysis tools and methods are available, it is impossible to know which ones will work ...
Technical analysis provides currency traders with an excellent method of finding potentially profitable trades and generating objective trading signals. With technical analysis, forex traders can use ...
Main scenario: Consider short positions from corrections below the level of 0.7963 with a target of 0.7700 – 0.7500. A sell signal: the price holds below 0.7963. Stop Loss: above 0.7963, Take Profit: ...
Elliott Wave Theory is my favorite style of analysis in that it has a small set of rigid rules, several guidelines, and a limited number of patterns to follow. If you can identify the patterns ...
The British pound ran into heavy selling pressure at 160.28 and retreated strongly last week on risk aversion and as price has broken below support at 154.08, suggesting the wave 4 has ended at 162.60 ...
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