GBPUSD backs off after strong UK CPI data fails to maintain momentum in break higher.
High price above swing area failed today GBPUSD backs off after break higher failed. The GBPUSD experienced an upward trend today following…
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Trading profitably is not as hard as many would belive, but there are a few things to consider. Without these strict rules, trading can be hard or even unprofitable.
Whether you are a trend trader, speculating the news, trading consolidation zones or scalping, you MUST stick with that strategy until you manage to master it. Forum sites are full with newbie traders jumping from one to other "money making Holy Grails" that fail to work for them. The reason is simply because they expect fast returns, without even understanding the trading strategy behind it.
After finding your best trading strategy, follow it for a while until you make it profitable. Many traders give up a dissapointed by the strategy tester results. This was never meant to determine profitability, but functionality, simply because what happen in the past will most likely not happen again. You must trade with calm and improve your trading style.
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The market information and trading ideas are a free educational service and not investment advisors.
High price above swing area failed today GBPUSD backs off after break higher failed. The GBPUSD experienced an upward trend today following…
In the intermediate-term, the pair is just above the newly visited price levels around 0.9600 that haven't been visited since 2002. That's …
Previously, the GBP/USD pair remained under bearish pressure to challenge the significant daily bottom established around 1.1750 which was bypassed …
200 hour moving average at 1.3735 being tested USDCAD runs to the 200 hour MA The USDCAD initially saw an increase after weaker-than-expect…
EURUSD bounces off 1.07592 EURUSD retraces to the high from last week and bounces The EURUSD experienced a strong rally today, as an early …
Gold price is trading around $1,950. Trend remains bullish but there are signs of vulnerability. Gold price has broken below the tenkan-sen (red lin…
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