My last two forex trading posts were a technical analysis on the Usd/Chfand Aud/Usd.I mentioned on both pairs that the daily charts were showing apossibility to change directions based on the candlestick patterns atthe time. The daily charts are useful in determining the trends and thentrading within the direction of the trend. One strategy in forextrading is to…See More

here is your forex strategy for the upcoming week. I hope that youare all having a great weekend. This is the weekly summary to help youget an idea of what is going on so that you will be ready to go nextweekend. The end of this week saw the Euro pain start to ease a bit. Thequestion is will it continue or is this just a small bounce that willlead to more Euro selling.If you look at the 4 hour chart you can see that we have bounced off of the bottom and are heading up now. One possible Forex…See More

Tradingreversals in Forex can be quite profitable. It can, however, seem a bitdaunting at first. If used properly, it can be a great addition to yourtrading arsenal. Once you become aware of what to look for, you will beable to recognize them quite easily and take advantage of them. Thereare different types of reversal, but for the purpose of this articleI’ll go through the simplest one. As you will imagine, they occur on alltimeframes. If you see a crow...…See More