Forex Price Action Setups – AUD/USD Squeeze Happening? June 27th
AUDUSD After bouncing and continuing higher from the pin bar we mentioned yesterday, the 1hr chart on the Aussie looks like the bulls are squeezing out the bears trying to take out the short term resistance at 1.0089. Although the bounce off the oversold lows the other day has the presence of being more corrective than impulsive, the short term picture although timid favors more upside. We just...
Read MoreForex Price Action Setups – AUD/USD Pin Bar Off Key Support – June 26th
AUDUSD After ending last week with a strong sell-off, the pair finally found some footing today after forming a piercing pattern to create a short term bottom, followed by a pin bar just a few hours ago off a key support and role reversal level at 1.0009. This is after 16hrs of straight buying, so short term there are some buyers underpinning this pair. The Aussie will need to clear the short...
Read MoreIchimoku Trading Setups – Possible Tenkan-Kijun Cross – June 25th
EURUSD After climbing for almost two sections (17 in ichimoku number theory), the Euro failed to continue gaining, telling us this recovery had little underpinning to it. The Chikou not only found resistance at the price line (bearish), but also found resistance at an area where it once held as support. It still has yet to clear the price line, which is one of the few majors failing to do so....
Read MoreTrading & The Mindset of Abundance
This is a new video on trading and the mindset of abundance, what pitfalls to avoid and how your mindset can be the difference between you struggling to breakthrough, and trading successfully.
Read MoreImpulsive and Corrective Price Action Images
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