CHEATER TRADING JOURNAL GOLD I am looking at gold on the hourly chart. The pair was trading in the green range. There was an exit from this range upwards, a range was formed. I assumed that the pair would go lower, because the seller was gaining...
The GBP/USD pair formed a Hanging Man candlestick reversal pattern (blue rectangle on the chart below) on Wednesday, suggesting that the pair may have further downside in the near term. This pattern was confirmed after a long red bearish day that...
CHEATER TRADING JOURNAL EUR/USD Greetings to all who read me! In this situation, I would consider buying from the price of 1.1161. If suddenly the chart goes down to 1.1100, I will consider it necessary to close the deal. I expect to receive income...
The euro against the US dollar faced selling pressure above 1.1150 during the North American trading session on Friday. As the US dollar (USD) rebounded, the major currency fell. The US dollar index (DXY), which measures the value of the US dollar...
EUR/USD As for the EURUSD trading instrument, as we see, the trading week ended with the strengthening of the European currency against the US dollar. Adhering to the technical aspects of the movement, we see that the EURUSD value was fixed above...