What Do You Need to Trade Successfully Pt. 2
Now that we have discussed the Two Necessities To Trade Successfully of what you need to trade successfully in part 1 of this series, it is time to get into part 2 of the series which is Developing the Two Traits. These are traits which you may not have at the moment, but you can totally develop with relative ease, a passion to be a successful trader, and with a little work. A Question and...
Read MoreWhat Do You Need To Trade Successfully Pt. 1
We just wrote part 1 of ‘What Do You Need to Trade Successfully‘. If you are a developing trader, or still struggling to trade consistently profitably, then you will want to read this article which goes into the two necessities of trading. To learn more, follow the instructions below. Click the 'Like' button to access your free...
Read MoreForex Trade Signals and Setups Dec. 15th
AUDUSD – Looking Tentative After getting hammered for the last 7 days, the Aussie has formed a decent price action bounce off the .9879 swing lows which you can see was a key level in the chart below acting both as support and resistance for the prior swing moves. The back-to-back 4hr rejection off this level had some initial gusto, but failed at the 20ema which means sellers either got...
Read MoreForex Trade Signals and Setups Dec. 13th
AUDUSD – Structurally Continues to Break Down After forming two inside bars at the 38.2% fib leve, the Aussie pulled back right to the 20ema, whereby it ponged off this level (almost forming an outside candle), and then sold off with impunity, breaking the prior swing lows in the process. This rejection off the 20ema shows sellers were eager to add to positions, while the next candle...
Read MoreForex Trade Signals and Setups Dec. 12th
AUDUSD – At Critical Support Following Breakdown Like its other anti-podean pair (the Kiwi), the AUDUSD got hammered last Thursday breaking the stalemate in the range play going on for 8 days. After selling off to the 38.2% fib of the last major upswing (.9650 – 1.0350) at 1.0075, the pair pulled back perfectly to the 20ema, then rejected off of it to pullback to the prior swing low...
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