On the H1 chart, USDCAD is still showing a clear bearish trend. The price is trading below the moving average, which suggests that sellers remain in control. At the same time, the ZigZag indicator confirms this outlook because it continues to form...
Mastering Your Daily Bias for Smarter Trading Decisions One of the biggest reasons traders lose money is entering trades without a clear understanding of the market's daily direction. A daily bias is simply your expectation of whether the market is...
The Core Concept of Multi-Time Frame (MTF) Trading Imagine trying to navigate a bustling city using only a microscope. You’d see every microscopic detail of the pavement beneath your feet, but you would have absolutely no idea if you were walking...
NFP (Non-Farm Payroll) Trading Strategy: Tips for Success Introduction The Non-Farm Payroll (NFP) report is one of the most influential economic events in the Forex market. Released on the first Friday of every month by the United States Bureau of...
AUD/USD Outlook Staying Focused on the Bearish Trend After reviewing the latest AUD/USD price action, I still see the market favoring the sellers. The current bearish signal supports holding short positions while the price moves toward the 0.69647...