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Channel Up identified at 18-Feb-09:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 128.4580 within the next 3 days. |
Forex and stock traders are looking for the consistently wrong investor, trader and take the opposite position. This will obviously lead to winning trades for them. All traders have read trading books that point out that increasing volume is good for the continuation of the trend. Many new stock traders will try and fight the trend.
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Channel Up identified at 18-Feb-09:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 128.4580 within the next 3 days. |
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Forex web site that helps you trade the forex currency market If you trade the Forex markets or want to learn how to trade you need a good web site that helps with forex news and information.A good forex web site will provide you with daily news in the currency markets since it is a 24 hour market. This will help you decide when to place short term forex trades. One of the things I find helpful is make a list of the news times that break each week. Most good forex web sites will update daily on the news and when important news is released.
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Channel Up identified at 16-Feb-14:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.3780 within the next 2 days. |
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Rising Wedge identified at 16-Feb-20:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 83.7500 within the next 2 days. Supported by Upward sloping Moving Average |