How to Make Money Forex Price Action Trading If you are reading this lesson then the chances are you are ready to learn how to trade price action. It is also highly likely you want to know how you can finally stop making the same mistakes and start making some profits. This article will cover …
USDJPY Forms Bearish Engulfing Bar
The USDJPY has formed a Bearish Engulfing Bar (BEEB) on the daily chart. This BEEB is from a swing high and recent resistance. For a move lower to occur the BEEB low would need to be taken out. Support is fairly close and any trader looking to trade this pair would need to keep this in …
NZDJPY Pin Bar
At the close of Thursday New York session the NZDJPY formed a Bearish Pin Bar. This Pin bar was formed from long term resistance, but against the very short term momentum. Price failed to break the Round Number of 63.00 and we will need to see this level taken out for any chance of a move lower …