Category: 4. Blogs

USDJPY Price Analysis – July 14 In case bulls increase their pressure, USDJPY may increase towards the resistance level of $111 and if the daily candle close above it, it will increase the price to $113 resistance level. Should the bulls’ pressure fails at resistance level of $110, price...

The dollar edged lower in early European trade Wednesday, handing back some of the previous session’s sharp gains after a jump in U.S. inflation raised expectations of an early move by the Federal Reserve to tighten monetary policy. At 2:55 AM ET (0755 GMT), the Dollar Index, which tracks...

The dollar was up on Thursday morning in Asia but started a retreat from recent peaks. Investors digested economic data from China showing a slowdown in GDP growth and the economic recovery from COVID-19 alongside further dovish comments from U.S. Federal Reserve Chairman Jerome Powell over The U.S. Dollar Index that...

Two of the primary features of any price chart that are critical components for any price action trader to thoroughly understand, are support & resistance levels and price action event zones. You are probably more familiar with “support and resistance levels” since they are one of the more basic...

I have been learning about the markets and trading them for nearly two decades now. Trust me, when I see this written out in text, it makes me realize two things: I am getting old, lol. I have learned A LOT in those 18 years. In fact, I have...

Like most traders, I was obsessed with day trading at the start of my career, it’s what I studied, it’s how I traded, it was how I lived. However, I quickly discovered that something was wrong. I just couldn’t seem to make any money trading this way. It was...

Exiting trades too early is something many of you struggle with on a regular basis. I know for me, this was one of the most difficult trading mistakes to overcome. How many times have you exited a trade manually for a either a small win or a small loss...

We all need a little trading inspiration from time to time, what better way to get that than to ponder on quotes from some of the greatest traders of all time? I have read many trading books and biographies of famous traders that have helped me tremendously over the...

Have you ever not taken a trade and then looked back in hindsight and wanted to kick yourself? Ever entered a great trade and exited too early due to low confidence or over-thinking it, only to see the trade go on to be a huge winner? How often do...

One of the most frustratingly difficult concepts to get across to beginning traders is that you truly do not need to make the process of technical analysis messy or confusing, at all. Honestly, this piece of the trading “puzzle” should be the simplest and easiest, but for many traders,...