Forex pivot points are great trading tools. Retail traders use the pivot point calculation to find important support and resistance levels. Moreover, they chose the right pivot point trading strategy to forecast the next market move. This article aims to show how to use pivot points when trading the Forex market. As such, we’ll cover: […]
Technical analysis “a-b-c” starts with support and resistance Forex traders use. From basic concepts to advanced techniques, support and resistance levels give an idea about when to jump into or out of a trade. There’s more to money than many people think. Most of us must have it for various reasons. Mainly, to fill what […]
This is a live Forex trading example that shows how to forecast bearish impulses with the Descending Tops and Bottoms chart patterns. The video shows the Descending pattern in a combination with a Forex Resistance to foretell turning points and shifts in the forces on the chart. Bearish Signals Used for the Short Trade The […]
This live Forex trading example combines two important events on the 5-minute chart of the GBP/USD Forex pair. This is the interaction with a Forex resistance and the followed channel breakout. This created a nice short trading opportunity on the chart, which I took advantage of. Signals of the Short Forex Resistance Trade The GBP/USD […]
