What makes a good reversal trade signal? There are some elements In previous posting ‘Learn to trade forex: Elements of a trade signal“, we discussed the elements of a good signal. This week we see such a combination unfold before us in the EURJPY. Lets
A trend line break appears obvious during back testing but applying it during actual trading is not because there are also false breakouts.
Good trade signals combine a number of qualities Price follows the path of least resistance; therefore a roadmap that forms support or resistance is a good reference for a turning point. When the price chart prints a chart pattern, the pattern itself provides plenty