Risk Sentiment Correlation Strategy in Forex Trading Risk sentiment is the invisible current that moves nearly every currency pair, and the Risk Sentiment Correlation Strategy is about trading that current instead of fighting it. In forex,...
GBPUSD Technical Overview The GBP/USD currency pair is currently showing signs of an upward price trend again after previously experiencing a bearish correction within a minor trend structure. This correction occurred as a natural retracement after...
Using Indicators in Trading. Indicators play an important role in trading because they help traders analyze market conditions and make informed decisions. These tools are based on mathematical calculations that use price, volume, and time data to...
Crude Oil (WTI) Market Overview Crude Oil is currently trading in a bullish macro recovery structure with short-term consolidation, as price stabilizes after a strong impulsive move. The market is now entering a compression phase near resistance,...
This is XAUUSD on H1, last price 4708.09. Market closed. You’re in a major downtrend with a counter-trend rally that just failed. Here’s the breakdown: *1. Trend Moving Averages* - *Yellow MA*: Fast MA, ∼4714 and rolling over. It caught every...