**As I told everybody earlier that trading has three phases Culmination, young trend and mature trend and Australian dollar might be a start of culmination process as background telling you that everything is clear for further gains.. ** Perhaps it could be too early too speak, but only time will tell and If my assumption is true 0.9390 could protect every rally or you can enter after test and strong rejection candles with momentum could be right way to approach.
**Amongst all the majors Only OZ is the one pair which path is clear and fundamentals are also supporting. * Would update the next analysis soon and everything is mentioned on the chart and you can ask if any question in your mind.
Blog is about Forex Trading for beginners. . Build forex trading strategies and make a living with Forex Trading.supply and demand price action, supply and demand zones, Price Action Techniques & learn to trade like banks and institutions
Wednesday, April 09, 2014
Intraday trading and long term trading analysis have three phases
Subscribe to:
Post Comments (Atom)
Popular Posts
-
How candlesticks patterns trap traders Trader relaize Length of Candles were not big enough Why I always think that candlestic...
-
Passive Sellers Behaviors In trading Hi traders, I did not post much through out the month and the reason behind is there is no to...
-
Reading price action, it's important for us to estimate - is this action a result of institutional activity or result of any oth...
-
Why all Price Action strategies Fail As it is cleared from the title, I am hereby want to clear few points and question of concern ...
-
Classic Example of development area This is a clear example of what smart traders are eyeing and their "existence" in t...
-
It has been quite a long break trading but as I said that I have sharpen my trading as such that I can rely just on perfect setups to build ...
-
Intraday trading with Candlesticks I was busy during the weak but I saw an opportunity to explain the Role of simple "Can...
-
Hi Traders, Its quite a while since I have updated the blog on such matters like when we should feel confident that we are able to rely o...
-
Forex strategies ways to find imbalance on a currency chart In this chart I have explained what is risk reward and what is potent...
-
How to trade Currencies like Banks and Institutions Hi, First of all I would like to request all of my blog readers that stop spam...
No comments:
Post a Comment