The longer this multi-decade support resistance zone the stronger! Recall this little lesson ‘Significant support resistance levels are stronger: USDJPY case study‘ Technical analysis works on probabilities but there are “rules” to follow. A particular rule says that the more significant a level is, the stronger
Declining purchasing power: make more money to stay same spot ‘Invest in stocks? Trade forex? Too risky lah!’ But but this is picture says die die also must trade. Because at the existing inflation rate in Singapore and the interest on savings banks are giving you, you
Asiasons, Blumont and Liongold are SGX-listed penny stocks that crashed big time in October 2013. Today their price remain in the doldrums.
I talked about GBPJPY first in tweets. Remember to follow me in tweet www.twitter.com/terraseeds Not only looking at $usdjpy but also $gbpjpy. H4 boxes stacking up. Ihs d1 showing continuation to head up if there is a d1 break above R — TerraSeeds FX Tflow®
In last week 4M class, I talked about this topic for students to consider “if you have only one bullet left, which trade would you choose?” Students were asked to select one trade that they would take and send in their analysis for that trade.
Want to make more money? Here are questions to ponder. ‘If success was a journey, have you set off yet?’ ‘Are you more talk or more action?’
One of the easiest trade setup (in my opinion) to catch a toppish or bottoming trade is WRMB. As mentioned in class, boxes has the advantage of telling time together with prices – a trader is able to recognise strength of movement by looking at