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.
H1 – trend line breakout
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
When you open a Forex trade, you may be focused on one thing: Will price…
The Forex market is open around the clock during the trading week, but that does…
Losing a Forex trade is part of trading. Even a well-planned setup can fail. The…
Many Forex traders spend years searching for the perfect strategy. They study indicators, learn technical…
The latest Federal Reserve developments have shaken the currency and precious metals markets, bringing the…
Forex trading is not simply about finding the right entry. You can have a well-designed…