Price is back in the wedge pattern and it is on the support level. H4 chart closing price tells us that the price is gone down enough to make a test move back in the previous range area. This could happen if price reverse back to the previous ...

EURUSD Chart Analysis

EURUSD bulls have managed to breakout from the wedge pattern. Price have pulled back to the first support level. From there we should wait and see will it make a bullish price action signal to confirm breakout. url image

EURUSD Chart Analysis

While the bearish Pinbar have pushed the price back from the resistance level first support where it could find bull pressure is around 1.09550 level and 1.09220 level. There are smaller support level that could make small impact. Larger support ...

EURUSD Chart Analysis

Think where you can go if you hit bottom. Only was i going UP, so do not give up easily and invest time to learn and improve trading skills. Invest only what you can afford to lose. This way you will not impact on your daily life and costs. It is ...

I plan to quit forex!

Looking into demo progress I would say you are doing ok. There is different between demo and live account and you will not see what I am walking about until you try for yourself. Going to live account If you have money you can invest and not regret ...

Is demo a step before real trading?

Yes, largest number of traders is active during these hours and also important news are released which have high impact on the prices of the currencies.

Forex trading - best time

I use two selections in trading when I need to chose which pair to trade: 1. Which pair have highest volatility during a week 2. Which pair have patterns that fulfill my trading strategy For the first selection I check trading pair volatility by ...

best pair to trade on forex market