Introduction to the Reversal Bar Indicator Many traders are often faked-out by candlestick patterns whenever they try to anticipate short-term momentum reversals using candlestick patterns alone. This is because patterns... Read more

The Australian Dollar is often used as a proxy for China’s economic growth. The AUD briefly rose 0.7% against the USD in Wednesday’s Asian trading to 0.6903 as the relief... Read more

The indicator consists of an RSI and Bollinger bands calculated on it, it also plots arrows when RSI value was out of Bands and came again in Bands.    ... Read more

Trading the forex markets is partly getting the right trade direction. The remaining part is all about timing. Getting the trade direction right is easy. Timing the trade right is... Read more

Introduction to the Mod ATR Trailing Stop Loss Indicator One method traders use to identify trend direction and trend reversals is with the use of a multiple of the Average... Read more

USDIndex – remains capped at 109.00 with support at 108.20 today. Tight JOLTS report adds to pressure for a 75 bp next month; Fed Fund Futures now sit at 68.5%. ... Read more

EURCHF has extended its 0.9551 rebound this week to 0.9775. The gains follow the release of German Consumer Price Index data showing that annual consumer price inflation hit 7.9% for... Read more

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Dollar pulls back off fresh 20-year highs as market prices in a more hawkish ECB. Dollar Index Monday’s London session proved to be a battleground won by the Dollar as... Read more

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