Blog Archive

Recurring levels in AUD and NZD pairs at weekly time frame

AUD and NZD pairs show recurring, high probability levels on weekly charts, and have a lot of significance because of duration and number of hits.

Was Dollar Index at 91 just a dream or a signal for 2018?

DXY bulls are happy as long as the index stays above this prominent 2-year support. Bears however have their signal. It is now a matter of time while the index does it's usual zig zag before the inevitable happens. The signal for DXY to go lower in 2018 is already in place.

3 myths about automated trading

Busting 3 myths about automated trading: 1) that automated trading is not emotional 2) that it is set and forget 3) that automated trading is too technical.

What this moving average roadmap says about DXY trend

4 moving average overlay on weekly chart shows DXY on downtrend over 3-6 months. Going long is a contrarian move that has to fight many resistance levels.

FTSE, SATS, XLP and USDJPY charts

Follow up on stories published in the last two weeks: FTSE, SATS S58 and XLP. New chart 'Is USDJPY going down from here?'

Professional Breakout Trading System explained

Professional Breakout Trading System is a Forex intraday mechanical strategy which aims at capturing big volatile and explosive moves on EURUSD. Designed for MT4.

11 hours to go, rate hike probability swings to ‘Yes’

With 11 hours to go, CME FedWatch Tool indicates a rise in the probability of a rate hike compared to over 40 hours to go. Is this kind of data meaningful to traders?