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Support and Resistance

/Support and Resistance
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The 3 ways in which the Forex Market moves

The Forex Market can often seem confusing, especially to a newbie trader. I remember when I first started trading, I looked at the charts and just couldn't see any definitive structure, the candlesticks were [...]

By |May 23rd, 2016|Categories: Analysis, Education, Price Action, Support and Resistance, Trading|0 Comments

The 3 Golden Rules of Support and Resistance

In my opinion Support and Resistance is one the main components to successful trading. Support and Resistance areas, are those areas on the chart where there are potentially a large number of Buyers (Support) [...]

By |May 12th, 2016|Categories: Education, Price Action, Support and Resistance|0 Comments

Forex Weekly Analysis – 9th May 2016

EUR/USD The EUR/USD has broken through our Resistance Area (1.1450) and retraced to use the same area as Support. There does seem to be strong bearish sentiment at the moment, especially with the emergence [...]

By |May 9th, 2016|Categories: Analysis, Price Action, Support and Resistance, Weekly Analysis|0 Comments

Forex Weekly Analysis – 2nd May 2016

EUR/USD The EUR/USD broke through our Resistance area (1.1450) and we now expect it to be used as support, the market seems to favour breaks and continuations at the moment. We will keep an [...]

By |May 2nd, 2016|Categories: Analysis, Education, Price Action, Psychology, Support and Resistance, Weekly Analysis|0 Comments

Forex Weekly Analysis – 25th April 2016

EUR/USD The EUR/USD is currently in between our support (1.1180) and resistance (1.1315) areas, we expect price to continue its move down to support at which point we will look for indecision and a possible [...]

By |April 25th, 2016|Categories: Analysis, Education, Money, Price Action, Support and Resistance, Trading, Weekly Analysis|0 Comments

Forex Weekly Analysis – 28th March 2016

EUR/USD The EUR/USD is currently in our support area (1.1170), and seems to be struggling to break either way at the moment. We do expect it to potentially move up from here to the [...]

By |March 28th, 2016|Categories: Analysis, Education, Price Action, Support and Resistance, Trading, Weekly Analysis|0 Comments