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TRADING CHART ON GBP USD H4. Looking at the GBP/USD chart, the price seems to be moving in a clear, strong way. It looks like the first part of an upward move, called wave (i), is done, with five smaller increases. Now, the price is dropping back a...
On the H4 time frame chart, the NZDUSD trading activity seems to be in the range zone; however, I saw erratic movement in the final candle, which is a significant bearish pin bar. We cannot take the chance of selling it based on this candle because...
Coffee market crisis: Arabica rose in price by 70% The global coffee trade is experiencing a severe crisis caused by a sharp jump in the price of coffee beans. This provoked a decrease in the volume of purchases from retailers. At the annual...
I trade intraday and I concentrate mainly on price movements during the trading session instead of looking at longerterm trends. My main attention is on immediate signals that come from daily trading activities, so I can make clear decisions without...