It is a holiday week guys so the markets volatility has slowed down a bit. On the other hand EJ is in a down trend making lower lows and lower highs. On the daily, price is close to hitting the first entry point @ 131.407 and exit @ 131.176 that is about a 2,310 pip sell off. As more of the trend develops we will begin to see more support areas reveals. We can...
Hey guys so if you have been paying attention to the news you will know that big things have been going on in the US. This can be very exciting especially when using such analysis (fundamental) to make money in Forex! WooHooo!! Okay anyway.. The USD has been having a lot of light shed on it, I won't get into much detail but I will talk about the tax reduction that...
Currently waiting for price to make a drastic shift in the trend. At the moment USDGBP is an overall sell. With my S/R line I was able to mark the most recent highs and lows. I will then have an over view look of the market. Noticing price beginning to consolidate we can mark up a trend line and then mark up the triangle. Keep in mind that in order for a trend...
