USD/CAD Breakout Reaches Psychological Level Ceiling
The USD/CAD rallied to 1.0900 as prices broke out of a symmetrical triangle pattern. The reason this move now has my attention is from a trade management perspective.… More…
The AUD/USD daily chart is squeezing within the narrows of the rising wedge. The "narrows" are basically the point within a triangle or pennant or wedge where the lines begin to decrease in range and put the squeeze on price action.… More…
The USD/CAD rallied to 1.0900 as prices broke out of a symmetrical triangle pattern. The reason this move now has my attention is from a trade management perspective.… More…
I'm watching two charts of the cable for a set up. The 60 minute chart is in an uptrend and so I'm patiently waiting for a pullback to the 1.6609 area for a swing buy in front of the 1.6600 psychological level.… More…
I'm not a big fan of Asian session trading BUT if you like lower volatility and that's the only time you have for trading then ... sure, have a go! The trick is to make sure you have adjusted your pip movement expectations so that they are in line with what Asian offer.… More…
As traders gear up for tonight's Asian session I will scan the charts again to see how the pairs came out of the afternoon doldrums. … More…
...it's been a long Summer that I am happy to see starting gearing up for Fall. While I don't think everyone is quite back, September 1st inched us all that much closer to the coming market volume and my 38th birthday.… More…