Always use stop-loss orders to protect yourself from significant losses. A general rule of thumb is to never risk more than 1-2% of your trading account on any single trade. This way, you protect yourself from a string of bad trades that could wipe...
I believe the current growth pattern suggests that a downward correction is inevitable, as the momentum appears unsustainable. I think the market is approaching a critical juncture, and the recent price action indicates that a reversal might be on...
Currency pair GBPJPY - chart of the D1 period. The wave structure on this chart has a descending character. After the last wave of decline updated the minimum of the previous one at beginning February, the third wave went down. The MACD indicator is...
The (GBP/JPY) exchange rate experienced a notable downturn, reversing four consecutive days of gains and settling around the 191.60 mark in early Thursday trading. This shift was primarily driven by a strengthening Japanese yen (JPY), fueled by...
EUR/USD Technical Analysis Review This week the EURUSD movement is indeed very large. Because, if totaled, the EURUSD rose about 400 pips. The EURUSD movement started to rise from 1.0484 and now its position has risen to a price of 1.0881. After...
