Back in a gold short. Orders marked. Just a range trade for now targeting the $3,154 poor low. I'll take profit on the way down if we get follow through at $3,250 and $3,207. Invalidation on a sustained

I get this question quite often – why do you use moving averages as dynamic support and resistance? After all, if you’re trading price action why would you need them? They look pretty useless. My answer

GBPUSD Forecast GBPUSD broke down last week, sending the pair toward its sell-side imbalances at 1.3509 and 1.3452. The pound tagged the first single print on Friday, but the second remains open for business.

Disclaimer: Any Advice or information on this Blog is General Advice Only - It does not take into account your personal circumstances, please do not trade or invest based solely on this information. By

Time Frame Matters The time frame you use to trade and thus identify these false breakouts is paramount to the overall effectiveness of this strategy. To explain why this is the case, let’s revisit the

Consider the following scenario. You’ve had EURUSD on your watch list for weeks. More specifically, you’ve been waiting for a break below a key support level to take advantage of the selloff that’s sure

2: Distance Between Retests: A Killer Way to Determine Trend Strength Now that we have discussed how to use swing highs and lows to gauge the strength of a trend, let’s add a key level into the mix. There

Cardano founder will promote crypto projects in Argentina and Peru Charles Haskinson, founder of Cardano and co-founder of Ethereum, participated in the Peru Blockchain Conference, highlighting how Peru

Gold has produced two excellent opportunities since Friday, and appears to be setting up for a third. Watch today’s video for the details, including key levels, intraday imbalances, and why they matter,

The DXY is getting interesting in this 97.70 area. Resistance for now but keeping a close eye on the next few days for the possibility of a bullish reclaim. Mentioned this possible GU failure last week.

Price action trading strategies have been around for quite some time, and for good reason. But I find that many traders tend to confuse the term for what it really is. So what is it, really, you ask? Let’s

Metatrader 4, also known as “MT4”, is perhaps the most widely used Forex trading platform in existence. Even its successor, Metatrader 5, hasn’t quite gained the same level of popularity among the Forex

Step 3: Establish a Pain Threshold Now that you’ve set your risk parameters on a per-trade basis and have a plan of attack for each trade, it’s time to establish a pain threshold. What is a pain threshold,

Creating a Forex money management strategy and risk control plan doesn’t have to be a difficult task. In fact, it’s one of the easier things you can do to protect your trading capital. Despite this truth,

The US dollar is trying to carve a local bottom following a dismal end to June. Meanwhile, gold is struggling at its 2025 trend line, which could spell trouble for the metal. Check out today’s Weekly Forex

Equidistant Channel Now we’re going to switch from reversal patterns to continuation patterns. Using a measured objective in combination with an equidistant channel break can be a powerful combination.

One of the most challenging aspects of trading is setting a realistic and probable profit target. In fact, most traders that I’ve talked to over the years would put taking profits above entry strategies

Euro bulls delivered in June, but the current price action suggests an early July pullback. Read today’s forecast for the key levels to watch, including details on the EURUSD pullback scenario, and get

Trader using confluenceThe most powerful combination a Forex trader can use is price action and confluence. That might sound bold, and it is, but for good reason. original content You may be thinking I’m

Here are a few ways to do just that: 1. Know Your Key Levels In order to achieve asymmetric returns, you must first identify key support and resistance levels. Without these areas, you won’t be able to