GBPUSD Moves to Support Prior to News
The GBPUSD has broken to lower lows this week. Going into tomorrows NFP announcement, traders will watch key support levels for fresh breakout entries.
The GBPUSD has broken to lower lows this week. Going into tomorrows NFP announcement, traders will watch key support levels for fresh breakout entries.
Traders are always on the lookout for an indicator that will signal or give them the “tip” that they need to determine which direction the pair will move next. While an absolutely foolproof indicator such as that does not exist, candlestick reversal patterns are often overlooked. This article will highlight some of the major reversal patterns that traders follow.
Traders are always on the lookout for an indicator that will signal or give them the “tip” that they need to determine which direction the pair will move next. While an absolutely foolproof indicator such as that does not exist, candlestick reversal patterns are often overlooked. This article will highlight some of the major reversal patterns that traders follow.
There are many methods that can be used to enter a trade. When a pair is in a strong trend, this strategy for entry and stop placement is one of my personal favorites.
There are many methods that can be used to enter a trade. When a pair is in a strong trend, this strategy for entry and stop placement is one of my personal favorites.
The EURGBP pauses at current support near .8300 . Triangle traders get ready for a breakout to lower lows.
The EURGBP pauses at current support near .8300 . Triangle traders get ready for a breakout to lower lows.
Have you ever entered a trade in the direction of the trend only to be stopped out pretty quickly? The reason that may have happened is due to what are known as “embedded trends”. To properly time one’s entry into a trade it is important to have the trends across more than one time frame properly aligned. This article will demonstrate how to do that.
Have you ever entered a trade in the direction of the trend only to be stopped out pretty quickly? The reason that may have happened is due to what are known as “embedded trends”. To properly time one’s entry into a trade it is important to have the trends across more than one time frame properly aligned. This article will demonstrate how to do that.
When a trade moves in one’s favor, a major concern becomes trade management…how to maximize the results of that trade. How to secure pips as the trade moves in our direction AND staying in the trade for the long haul can often present a conflict. This article will cover two methods to avoid that conflict: trailing stops and multiple lots.