Breakout trades explained. We discuss breakouts as a trade signal/trigger, why there are two strategies: to jump a breakout or to fade or trade against one.
Free online technical screener for Singapore and Malaysia listed stocks by tradeSignum.com. Predefined scan picks up wk-wk/ mth-mth/ yr-yr price expansion.
Either it is human nature or a grand plan put in place by Aliens/Masters of the Universe, markets end up repeating the same price action. If you can see it repeating, master it, then wealth and success that comes with it will open it’s doors to you. HSI prints a price pattern that has all elements of a trade signal. I talk about the pattern & trading psychology essential to take advantage of such setup.
We show you what happens when forex traders blindly follow trade signals from indicators when price is in a deep trend mode. Example with EURUSD.
These 7 tips lead you to high probability trade setups. We look at Hang Seng Index example and why it is high probability with defined risk.
There are three strong reasons to expect USDSGD to continue trending downwards: 1) 4-year consolidation 2) downward channel 3) multiple month trend. In addition we spot another bull-trap (#3) as well as point out levels to expect a signal.
This support zone for USDCAD is significant. It divides USDCAD between a true reversal and a potential bull trap in a 4-month downtrend.