Price Action Daily Setups – EURCAD, EURUSD, GBPUSD, USDJPY – May 5th

EURCAD Euro to Canadian dollar broke above resistance and that changes the short-term sentiment on the currency pair. Now we should observe H4 chart and...
How to trade news on the Forex market

Al Brooks Price Action: Gap down and what’s next?

The Emini had another reversal day, despite the big gap down and early selling. The Emini has been in a trading range for a...

Price Action Daily Setups – AUDUSD, EURAUD, EURUSD, USDJPY – May 4th

AUD/USD If you are interested in Price Action Strategy description, you can read it here. Yesterday we saw a stronger USD appreciation. Aussie fell and stopped...
How to trade news on the Forex market

Price Action Daily Setups – AUDJPY, AUDNZD, EURCAD, EURUSD, GBPUSD – May 2nd

If you are interested in Price Action Strategy description, you can read it here. AUDJPY Australian dollar to Japanese yen approached important support. 3 supply sessions...

The MACD Indicator and Price Divergence

Divergence provides clues not answers Charts are merely graphical representations of the price of an asset over a defined period. Some novice traders get things...
How to trade news on the Forex market

Al Brooks Price Action: Pre-FOMC Emini trading

Summary of yesterday’s S&P Emini futures price action and what to expect today The Emini spent most of the day in a tight trading range....

Ichimoku analysis: USDJPY, GBPUSD, GBPJPY

USD/JPY USD/JPY bounced off Kijun-sen 110.70 support line, and it has created a support zone with Senkou Span B 111.08 on daily interval. Nearest resistance...
How to trade news on the Forex market

Al Brooks Price Action: Weekly Emini update

Monthly S&P500 Emini futures candlestick chart: Small breakout to new all-time high The monthly S&P500 Emini futures candlestick chart broke above its 2 year trading...

Price Action Daily Setups – AUDJPY, AUDUSD, EURCAD, GBPAUD, GBPJPY, GBPUSD, USDJPY – April...

If you are interested in Price Action Strategy description, you can read it here. AUD/JPY Japanese Yen decreased strongly before the weekend which resulted in a...

Price Action Daily Setups – AUDUSD, EURCAD, GBPAUD, GBPJPY, GBPUSD, NZDUSD – April 22nd

Today a little more pairs because I see some potential signals and situation can be interesting. There will also be I reminder of Cable...

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