Shooting star pattern It can be a valuable tool in our trade arsenal. A shooting star pattern forms at the end of an uptrend and indicates a potential trend reversal, an indicator. Feature: It happened at the end of an uptrend. Short original body...
USD / JPYaily Time Frame Recommendation I think the bulls of USDJPY will try to keep their pressure on bears or sellers today. The price might hit 157.00 this week. Thus, recent market activity has shown the bulls demonstrating strong momentum,...
Gold ends the week with the worst performance in three years Gold ends the week with a drop, reaching the lowest level in the last three years. The market value of the precious metal has been declining throughout the week and has lost more than 4%...
Controlling our emotions in the forex trading market is extremely important for successful trading. Selfish trading refers to making forex trading decisions based on emotions and interests rather than objective forex market analysis. Here are some...
The price of gold posted its steepest weekly decline in more than five months on the back of a broad strengthening of the US dollar and a rise in US Treasury yields following Donald Trump's US presidential election victory. Trump's so-called trade...
