Forex Market News FX charts.

Wednesday, January 6, 2021

USD/JPY

USD/JPY
24-Dec-18:00 -> 06-Jan-12:00

Target Level: 103.1925

SL:	(A)	102.6055	Last TP of Falling Wedge
RL:	(B)	103.1925	Last TP of Falling Wedge

Target Period: day

Interval

1 hour

Pattern

Falling Wedge

Length

110 Candles

Identified

06-Jan-04:00

Falling Wedge identified at 06-Jan-04:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 103.1925 within the next day.
Supported by RSI below 40

GBP/USD

GBP/USD
14-Dec-10:00 -> 06-Jan-14:00

Target Level: 1.3703

SL:	(A)	1.3559	Last TP of Rising Wedge
RL:	(B)	1.3703	Last TP of Rising Wedge

Target Period: 2 days

Interval

4 hour

Pattern

Rising Wedge

Length

48 Candles

Identified

05-Jan-18:00

Rising Wedge identified at 05-Jan-18:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.3703 within the next 2 days.
Supported by Upward sloping Moving Average

Tuesday, January 5, 2021

GBP/USD

GBP/USD
18-Dec-13:00 -> 05-Jan-11:00

Target Level: 1.3703

SL:	(A)	1.3554	Last TP of Rising Wedge
RL:	(B)	1.3703	Last TP of Rising Wedge

Target Period: 3 days

Interval

1 hour

Pattern

Rising Wedge

Length

185 Candles

Identified

05-Jan-10:00

Rising Wedge identified at 05-Jan-10:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.3703 within the next 3 days.

The most powerful patterns for Forex traders

EUR/USD

EUR/USD
09-Dec-10:00 -> 05-Jan-14:00

Target Level: 1.2310

SL:	(A)	1.2209	Last TP of Rising Wedge
RL:	(B)	1.2310	Last TP of Rising Wedge

Target Period: 2 days

Interval

4 hour

Pattern

Rising Wedge

Length

58 Candles

Identified

04-Jan-14:00

Rising Wedge identified at 04-Jan-14:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.2310 within the next 2 days.
Supported by Upward sloping Moving Average

EUR/JPY

EUR/JPY
15-Dec-06:00 -> 05-Jan-14:00

Target Level: 126.0840

SL:	(A)	126.0840	Last TP of Triangle
RL:	(B)	126.7925	Last TP of Triangle

Target Period: 2 days

Interval

4 hour

Pattern

Triangle

Length

41 Candles

Identified

05-Jan-10:00

Triangle identified at 05-Jan-10:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 126.0840 within the next 2 days.
Supported by Downward sloping Moving Average

Learning to Trade

We will be posting trading opportunities , trade at your own risk. Most of the charts have a 70 percent of being right but some can go the other way,that is the nature of trading.Forex market trading the fear of losing If you are a trader in the stock market losing trades are part of trading. One of the biggest emotional aspects in trading is to overcome the fear of losing. Having a losing trade causing you to have feeling of fear and pain from the loss. All good stock traders will except small loses and learn from the experience.Forex traders need to realize that they will have small loses its part of the trading game as they learn to play to win.Looking For a Set-and-Forget Strategy? They will adjust their trading strategy to keep losses small and their winning stock trades big. As a forex trader you need to learn what the successful traders are doing and study their trading style. This way you will limit your losses and keep them manageable. You need to work on your mind set that you will have losses in stock trading. Learning to trade with a mind set of not to lose is good to a certain point. Small losses are the price to be paid to be a consistence winner in the stock markets.

With this course you will master the success factors that will make you a winner in the markets. Then you can limit your time trading to just 90 minute per day, using methodology that’s been continually profitable since it was first developed it in the mid-1990s.