The British pound is struggling to recover after Friday's upbeat US retail sales figures. Consumption growth for May exceeded expectations and this data also came in after considerable upward revision for April. The pair has been on a downslide since the beginning of May.
While Brexit politics and the race for the new prime minister is still likely to have the...
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This is intended more as educational material on a strategy for using renko charts. To begin with, I'll be using USOil in the examples but will include other markets as I continue through the series. The material is not intended to prescribe or recommend actual trades as the decision to place trades is the responsibility of each individual who trades as they...
Yesterday’s technical analysis gave us a mixed and interesting picture. A break below May lows (price range of 1.2559) would signify a further movement down, and we saw this break yesterday.
MACD lines have intersected and parabolic SAR has reversed.
Further movement down and SHORT positions are now looking favorable with possible...
Took this short. Caught it just in time.
Strong correlation. V formation & pullback. Good read. Decent execution. Wondering if the test will spike up a little higher or if it will just drop like a rock. So far, so good.
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In this video I break down step by step on how I mark up my charts for each and every trade signal.
There is a lot of content in this video and I go over it every quickly. So if you need to watch this video a few...