CHF Intervention and Short Term USD
When we look at the range of opportunities as traders, one world typically comes to mind: volatility. Today provided us with perhaps some of the biggest string of events we have seen a several weeks,
Fading Double Zeros
Last week, we were discussing the best times to use double zeros. I argued: Not when price is making recent new highs and new lows, but rather, when price has been ‘sloshing around' the zeros
A Correction Arrives (Finally)
The S&P 500 has fallen approximately 46 pts from its highs, keeping risk traders at bay and pairs such as GBP/USD, EUR/USD and AUD/USD remain consolidated, with downside support levels under constant pressure. Throughout this
Quasimodo (Over and Under Pattern)
Update, 2023: Welcome! This is the original, 2009 article for what (somehow) blew up and what became the infamous Quasimodo price pattern. It's short / succinct, but like all price patterns, there is not much
"AAA" – The Missing Link
Remember that demo account you had, where you doubled the balance in a matter of weeks? After all, it’s the reason you took your paycheck money and put it in FX to begin with. What
Spike Base Pattern
Following a spike, price will consolidate towards the highs. These work best when visible on larger timeframes, allowing more exposure to the rest of the world. When price retreats back down (or up), the bottom
No Brainer Automated Trading
When I started this blog, I never thought anyone would ever ask me about automated trading, but I surprisingly get more than enough emails for me to even think of writing this article. We’ve all
Free Resources for FX Traders
[vc_row][vc_column][vc_column_text]List of free forex-specific resources, all a click away. If you have anything you feel should be added, please send it to me, and thank you to all who have contributed thus far. Click each
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