Colonel Kink Forex Reporter makes his EURUSD report which is now range bound between 2 shadows going into 10th week. Day trade inside range.
Good signals confluence and agree with each other such as shown in these GBPUSD, EURUSD charts based on zigzag, chart patterns, price action.
A test-attempt to look at EURUSD overlaid with Bollinger Bands to see what we arrive at. Then crucial forward test to see what happens.
EURUSD is range bound for now but swing traders should look for short continuation trade. Day traders trade the range follow short term indicators. Colonel Kink Forex Reporter.
Looks at basics of Simple Moving Average and Stochastic Indicator and how to combine them into a forex swing trading strategy.
Colonel Kink Forex Reporter uses simple support resistance technique to analyse EURUSD, GBPUSD, USDJPY, AUDUSD for swing and day traders. Technique: attach horizontal line to each turning point or kink in weekly timeframe last 12 months. Tight clusters form a dark shadow that may be next turning point.
2 overlays, 8 charts of EURUSD, AUDUSD, NZDUSD, USDJPY, USDCNH, GBPUSD. Discussion of relative strength between major currencies, rotational play as well as their trend, major support and resistance zones.