Oftentimes traders will greatly expand the scope of their charts to the point that they are viewing only a limited number of candles. While they have a very detailed view of a very few candles, they have lost the larger perspective on how the pair has been moving over time. This article will provide guidelines as to how much time to view relative to some of the more popular charting time frames.
Oftentimes traders will greatly expand the scope of their charts to the point that they are viewing only a limited number of candles. While they have a very detailed view of a very few candles, they have lost the larger perspective on how the pair has been moving over time. This article will provide guidelines as to how much time to view relative to some of the more popular charting time frames.
The EUR/JPY has advanced nearly 100 pips since Wednesday. As price reaches resistance under 110.00 , traders can look for a break of an ascending triangle.
The EUR/JPY has advanced nearly 100 pips since Wednesday. As price reaches resistance under 110.00 , traders can look for a break of an ascending triangle.
Before a trader decides to trade an ascending or descending trading channel, they must first determine that the channel is, in fact, valid. This article will illustrate how to validate the channel as well as provide a strategy by which the price action within the channel can be traded.
Before a trader decides to trade an ascending or descending trading channel, they must first determine that the channel is, in fact, valid. This article will illustrate how to validate the channel as well as provide a strategy by which the price action within the channel can be traded.
The EUR/JPY is quickly reaching resistance in a 2629 pip downtrend. The formation of a rising wedge has helped signal the potential for a fresh breakout to lower lows.
The EUR/JPY is quickly reaching resistance in a 2629 pip downtrend. The formation of a rising wedge has helped signal the potential for a fresh breakout to lower lows.
The currency market often sees many swings on the worlds' most often used currencies. This article will walk through the implications these movements can have on their economies.
The currency market often sees many swings on the worlds' most often used currencies. This article will walk through the implications these movements can have on their economies.