Trading the Upcoming European CPI Data
Prior to this weeks news, the EURUSD has been moving against its 15 month downtrend. Can CPI data cause price to break resistance at the 200 day MVA?
Prior to this weeks news, the EURUSD has been moving against its 15 month downtrend. Can CPI data cause price to break resistance at the 200 day MVA?
Several currency pairs are showing exhaustion in their gains against the US Dollar. The clues from 4 markets indicate a Dollar reversal is nearby.
Several currency pairs are showing exhaustion in their gains against the US Dollar. The clues from 4 markets indicate a Dollar reversal is nearby.
RSI can be used for more than just overbought and oversold levels. Learn how to spot reversals in the Forex market using RSI divergence.
RSI can be used for more than just overbought and oversold levels. Learn how to spot reversals in the Forex market using RSI divergence.
Believe it or not, I have traders tell me they don’t use stops because that insures a loss if their trade moves to that level. While that can happen when a stop is triggered, would you rather have a margin call?
Believe it or not, I have traders tell me they don’t use stops because that insures a loss if their trade moves to that level. While that can happen when a stop is triggered, would you rather have a margin call?
Whenever the topic of trading comes up, the concept of “trend trading” will invariably be mentioned. Here is one way that a trader can deduce the direction in which the currency pair has been moving and confirm the trend.
Whenever the topic of trading comes up, the concept of “trend trading” will invariably be mentioned. Here is one way that a trader can deduce the direction in which the currency pair has been moving and confirm the trend.
One of the most exciting market conditions is also one of the most dangerous - and that is the reversal. Time and again new traders end up buying tops or selling bottoms while trying to find the 'big moves' in the market. This article will walk you through a way traders may look to trade reversals with risk management in mind.