The spot price has recently experienced a pullback against the US Dollar (USD), with trading activity remaining subdued due to the Japanese market's closure for Mountain Day. This brief hiatus in market activity comes as the USD/JPY currency pair...
Commodity Channel Index Trading Strategy #2 _CCI Trend Following Strategy with Confirmation_ This strategy uses the Commodity Channel Index (CCI) to identify trends and enter trades in the direction of the trend, with additional confirmation from...
The forex cycle line is a concept used in forex trading and technical analysis to help traders identify and predict potential price movements based on historical data and cyclical patterns. It integrates elements of cycle theory with technical...
CHEATER TRADING JOURNAL GOLD The precious metal was expected to grow from September 5, when a trend signal appeared on the moving averages to buy on the H4 timeframe. Its potential is indicated on my first chart by an orange column to the targets...
In my morning forecast, I highlighted the 1.1004 level and planned to make trading decisions based on it. Let's review the 5-minute chart to analyze the developments. A decline followed by a false breakout at this level led to a buying opportunity,...