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Daily Archives: March 31, 2014

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EURUSD: Trapped between Support and Resistance

This post will answer two previous questions asked by students on EURUSD. Question by Student (25 March 2014) Can we short EUR USD when H1 or H4 WR? Monthly shows price near resistance. H4 point 4 resisted at the neckline of the previous H&S. On

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Best Practice: Failed BM can lead to a possible WRMB on GBPUSD

A good trade plan allows a trader to potentially capitalize on various opportunities even when an analysis changes. Current picture on the H4 charts Previous bearish expansion below 4 x H4 boxes would have fit a BM criteria. However price turned up the next week.

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Big Picture analysis on GBPJPY: Immediate Support and Resistance levels

The start of every analysis begins with asking the following questions. Is it Up/Down or Flat? Is there any strategy to apply? BM WRMB H4R H4T Is price at any support or resistance now? Is there a 1234 pattern forming? Overview Looking at the H4

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GBPCAD: A ranging situation and two possibilities

Question from Student A student asked the below question with the below chart. Was it possible to have entered a buy at this green area based on a 13TL? After price came down, how should we have done our trade management? A look at the

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Best Practice: Spotting the H4R in EURGBP

Tweet on 27 Mar 2014 $eurgbp HS + Bearish expansion pic.twitter.com/YMX7Rj4Ejf — TerraSeeds FX Tflow® (@terraseeds) March 27, 2014   $eurcad $eurgbp bearish expansion pending friday movement (H4R). $cadchf BM 2 boxes. $usdcad WRMB — TerraSeeds FX Tflow® (@terraseeds) March 27, 2014 Conditions of a

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