“When Theory meets Practice”- week 5 – 02/02/2019
The next week marked by political events affecting the financial markets. In the USA, government institutions were temporarily opened for 3 weeks, so there...
GBPJPY – Inside Bar and Head and Shoulders pattern – 31/01/2019
GBPJPY 31.01.2019
After today's FED meeting and the subsequent Powell conference, which was quite profound in tone, the majority of currencies gained to the US...
Euro (EUR) in relation to the swiss franc (CHF) overcomes important resistance -30/01/19
Euro to franc (EUR/CHF) quotations last Thursday rebounded from resistance at 1,1340 after a poor reading of PMI. The falls were deepened following reports...
Price Action – Strategy Description
Basics of Price Action trading strategy
„What is Price Action?” is a question asked by many beginner traders. If we answer this question, that this...
GBP/USD – Key vote today – 29/01/2019
The GBP/USD quotations marked a very strong beginning of the new year. The scale of growth even surpassed the August-September period. There was also...
USD/JPY – Inside Bar on resistance promises reversal? – 28/01/19
Last week's USD/JPY quotes reached the key resistance area, where a horizontal level of 110.00 coincides with the EMA 10/20 average channel. Let's take...
EURUSD – spectacular return to consolidation – 28/01/2019
EURUSD - failed to break out from consolidation
EURUSD has been moving since mid-November in a broad consolidation between 1.1220 and 1.1570. Last week's ECB...
NZDCAD – Head and Shoulders completed – time for falls ? 21/01/2019
NZDCAD - last week I described this pair and the emerging Head and Shoulders formation, which just this night was formed and the price...
“When Theory Meets Practice” – 18/01/2019
Definitely, the past week has been marked by a political battle around Brexit and shutdown of the US Government. I like the risk, but...
EUR/USD – in 2 month correction ? – 17/01/2019
At the turn of the year, it seemed that the EUR/USD pair could at least make a stronger correction of long-term decreases. The main...