What is Best Practice? Best Practice is a support class held in the evenings which consists of a cycle of 4 classes each focusing on a single strategy, Big Move, WRMB, H4R & H4T. The aim of Best Practice is to allow students a systematic
During the last Best Practice class, students presented their analysis to the class. Below are two of the 8 pairs discussed during class. Pairs Discussed During Best Practice USDCAD Starting from the H4 timeframe. Previous Trend was Down Price became Flat for 5 weeks
The key consideration is that green zone I drew over there as well as the two question marks ?? right below. This green zone is a support.
There is no right answer in the market. Making money requires a trading plan, knowing the level to operate and executing plan consistently.
AUDUSD trend (up) is now into eighth week. Price is now at confluence of significant support resistance and 38.2% fib-retracement level.
Renminbi as reserve currency; highest against US Dollar in 20 years I wrote this article “Debutante Chinese Renminbi has a special date with year 2015“. In my opinion, the Chinese currency is moving towards reserve currency status. So while our attention was captured by politicking in
The use of boxes improve clarity on what you see. In a messy price chart, it is very difficult to see clearly. However, I do discover many new graduates add many different indicators into Tflow® designed price chart of only boxes. This is not encouraged.