Forex Trade Updates

S&P 500 broke the intraday line get ready to sell

S&P 500 broke the intraday trend line on the H1 chart and we can now look for corrections to sell as long as the down trend line from the highs is holding.

S&P 500 Technical Analysis:

H1 – trend line breakout

Sell Entry:

Wait for the price to re-test the broken trend line and if it holds, go short once you see a bearish candle stick pattern on the H1 chart. Stop loss should be placed above 2077

Vladimir Ribakov

Following 11+ years of trading experience, trading my own accounts as well as for hedge funds and brokerages, I have decided to fulfill my destiny and to personally mentor Forex and Commodities traders. When I released the “Broker Nightmare” (software that hides trades from brokers) 8 years ago, I found an overwhelming number of frustrated people who genuinely wanted to learn how to trade the Forex market, but instead found themselves scammed and misled. Over the years I have also release other trading systems based on my trading strategies, and met a lot of people on my worldwide Forex seminars. We’ve formed a close Forex community and we meet once or twice a year in various locations in Europe.

Recent Posts

What Is Spread in Forex? How Trading Costs Affect Your Profits

When you open a Forex trade, you may be focused on one thing: Will price…

3 days ago

Forex Trading Sessions Explained: The Best Times to Trade London, New York, and Asia

The Forex market is open around the clock during the trading week, but that does…

5 days ago

Revenge Trading in Forex: Why Traders Chase Losses and How to Stop

Losing a Forex trade is part of trading. Even a well-planned setup can fail. The…

1 week ago

Why Forex Traders Keep Losing Money: The Psychology Behind Repeated Trading Mistakes

Many Forex traders spend years searching for the perfect strategy. They study indicators, learn technical…

2 weeks ago

Forex Weekly Forecast – EURUSD, GBPUSD, USDCAD, GOLD (XAUUSD) – 31 August 2026

The latest Federal Reserve developments have shaken the currency and precious metals markets, bringing the…

2 weeks ago

Forex Risk Management: The Essential Rules Every Trader Should Follow

Forex trading is not simply about finding the right entry. You can have a well-designed…

2 weeks ago