Category: Breakout Trap and Reverse
I noticed a potential setup building on gold today. Price has slammed into a weekly support level, and when you look at the weekly chart you see a ranging …
EURGBP has been on a nice bull run the last few months, creating a 10,000 pip rally from it’s lows on the weekly chart. Recently the bulls have been …
Last week the fed ‘played their hand’, and decided not to raise interest rates in the US. It was this year’s highly anticipated news that forced the market to remain in consolidation holding …
We’ve got a serious line up of new announcements from a few central banks this session which is probably going to cause this session to be very volatile. Leading …
The start of 2015 has been a really great start to the hear, price a price action – swing trader perspective. Especially in contrast to the shocking markets of …
AUDCHF Buy Signals During Uptrend After the recent event on the CHF pairs – where we see a colossus bearish power candle, the Franc has slowly be losing its epic gains, …
Looking ah the AUDUSD daily chart – which has been pretty uneventful recently… Double Inside Days on the AUDUSD daily chart, right on the ‘fence line’ here where a …
Welcome back traders, I trust you all had a great holiday period 🙂 We’ve seen the market come back alive after the break – and we’re starting off 2015 …
Last session we seen most of the major currencies weaken while the yen gained some strength. No outstanding price action that stands out on any of the currency pairs. The …
The pound has just been through a nice steady up trend which pushed the pound above and beyond the $1.7000 level that it hasn’t seen in years. Now it …
The EURAUD cross pair has been churning sideways for some time now, and has been printing meaningless, confusing price action. The last few daily candles have printed some price …
The gold rally has been on a screamer of a bull run, but we all know what goes up must come down at some stage. Now I am not …
We’ve been paying close attention to the USDCHF market, discussing a few things that stood out for us on the daily chart. We were looking at the large two …
The USDJPY market has reached a key support level on the daily chart after the market has continuously to creep down lower, falling from fresh highs. The Inside day …
Recently we discussed a breakout trap and reverse price action trade setup that triggered on the AUDUSD last week. This setup triggered as a key level on the daily …
We spoke about an obvious Asian Session false break on the Daily chart about 2 weeks ago. For those who know how, these types of breakout traps can be …
