Price action trading mistakes

Mistakes that every advanced price action trader makes

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Start making money consistently Everybody wants to be a successful trader. The forex market is a vast market which offers an extreme level of profit potential. But in order to make a decent income in every single month, you need to have a solid trading strategy like price action trading system. In the eyes of Read More

NZDUSD channel analysis

NZDUSD technical analysis: Testing critical channel resistance level | 20th June, 2017

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Bearish trade setup in the NZDUSD pair near the channel resistance First Critical Resistance: 0.7300 Second Critical Resistance: 0.7402 First Critical Support: 0.7095 Second Critical Support: 0.6830 Overall Sentiment: Bearish ∇ There NZDUSD pair has rallied higher for the last consecutive 5 week and currently, the bullish momentum of this pair has ceased after the pair Read More

multiple time frame analysis

How to do the perfect multiple time frame analysis

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Importance of multiple time frame analysis There are many ways of trading the forex market in today’s world. Every trader has their own unique trading system which is being developed based on their personality. Some of the new retail traders often buy trading strategy from the expert to make a decent profit but still, they Read More

GBPUSD technical analysis

GBPUSD heading towards broken trend line resistance |29th May, 2017

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GBPUSD Technical Analysis: Minor bullish retracement is in place |29th May 2017 First Critical Resistance: 1.29068 ( broken trend line resistance ) Second Critical Resistance: 1.30448 First Critical Support: 1.27732 Second Critical Support: 1.25951 Overall Sentiment: Slightly Bullish Δ The GBPUSD pair broke the 4-hour medium-term bullish trend line support level and stopped its bearish Read More