Sentiment for AUDUSD, EURUSD, USDJPY, and GBPJPY AUDUSD Daily chart uptrend based on the 200-day moving average A falling wedge has appeared over the last months and at once also validated by the bullish breakout in the last 3 trading days of Week 26 4 hour chart
Read more →At around 10.20am today 15/03/2011, our director Mr Soh Tiong Hum shorted EURJPY. 20 mins later, he was STOPPED out……… with a profit. Take a look at how he executed this trade and protected his position using trailing stops. 52 pips in 19 mins to be exact.
Read more →To handle the volatility and ranging behaviour of many pairs in the forex market, the trader should be prepared to enter at a point of strength or have a very wide stop. Most day traders would probably not be prepared to have stops of 50 pips or
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