Butterfly pattern here alerted on the website in our Harmonic Alerts module. You have to sometimes be careful of butterfly patterns as they can be quite destructive in the wrong direction so using price action and the other methods we use for entry is really important. This one had nice price action right out of […]
Nice 5-0 pattern here on NZDJPY 30 min chart last week , straight out of the box with some nice price action candles , it actually gave 3 bites of the cherry all out the price action support level.
A nice pattern here even though it was not a strictly correct crab pattern, it still provided a nice drop from 105.71 once price action got it moving in the correct direction. Crab patterns are one of the most accurate of the harmonic pattern group and show up with good regularity in our harmonic detection […]
Seen here is a pattern on the 4 hour that showed up as an alert in our Harmonic Alerts module: You can see that initialy the price triggered the alert and the pattern but took us into the next 4 hour candle before we got any kind of a bullish reaction. As always when you […]
These are the levels we will use for the daily charts in our price action strategy for the coming week.
These are the levels we will use for the daily charts in our price action strategy.
Here are our price action levels for May 12th to May 16th.
Here are our price action trading levels on selected pairs for this week in the forex market.
November was an excellent month . We grossed over 1200 pips using our 5 min and news strategies. Our results page is here : Forex Signal Services Results and our MyFXbook page is here: MyFXBook Analysis We are one of the only forex signal sites that actually post our results. Most just post some impossible […]
To be able to trade the forex market you have to deposit money with a broker. The broker executes your orders on your behalf and they generally get paid the spread between the buy and sell prices of whichever currency pair you trade. This can vary between 2 -10 pips depending upon the currency pair. […]