Pivot (invalidation): 12710.00 Our preference Short positions below 12710.00 with targets at 12589.00 & 12516.00 in extension. Alternative scenario...
EURUSD with the pair retaining its recovery threats after closing higher the past week, more gain is expected. Support comes in at the 1.1100 where a break will turn risk to the 1.1050 level. A breach below here will target the 1.1000 level. Further down, support stands at the 1.0950...
Author, now best, self-made pound circle dedicated automated trading programs to recommend (EA) "YumokinVOLCompound" is an introduction. As the feature, It MACD entry aiming at the timing at which the volume has increased rapidly in the currency...
AUDUSD is threatening further upside pressure following its strong rally on Thursday. On the downside, support lies at the 1.6800 level. A cut through here will turn focus to the 0.6750 level and then the 0.6700 level where a violation will set the stage for a retarget of the 0.6650 level...
2017, 272 pages, by Ed Ponsi. This book is, as I consider, the continuation and complement to the 2010’s “Playbook: Strategies and Trade Set-ups” from the same author. Although it is a bit pricey (as of today...
2010, 240 pages, by Ed Ponsi. This book is a delight to read. If you are new to the Forex world you will find almost everything you need in this book...
British Prime Minister Boris Johnson said: "We have a great new deal that takes back control." The announcement pushed the pound as high as 1.2990 against the US dollar, and EURGBP fell as low as 0.8575. But at the time of writing the pound had given back part of these gains to trade 0...