The Bullish Marubozu Candlestick Pattern is used by Manual Traders, but does it actually deliver profits? Bullish Marubozu is a popular Candlestick Pattern and it is taught by educators and featured on websites providing knowledge to those with the patience to learn. This is a part of a series of articles that cover popular Technical..
The Falling Three Methods Candlestick Pattern is used by Manual Traders, but does it actually deliver profits? Falling Three Methods is a popular Candlestick Pattern and it is taught by educators and featured on websites providing knowledge to those with the patience to learn. This is the first in a series of articles that cover..
What are the liquid currencies? Hint: If you’re trading one of them – it’s rather liquid. Defining liquid currency pairs and explaining which ones are the most liquid is the objective of this article. It’s a Quora Thursday Article and this answer will be posted under the responses for the question. This is a somewhat..
In this Weekly FX Market Preview of May 7, 2018, is it “Sell in May and Go Away”? The highest volume currency pair, EURUSD has hit a historical inflection point after the currency pair tumbled 4.8% from its peak. USDCHF is pushing toward parity and is hitting a major resistance price at 1. BTCUSD is..
The EUR USD Weekly Chart shows that the currency pair is in a critical zone based on recent history. The EUR USD Weekly Chart is in a very temporary place if recent history is a guide. Granted, all rates are temporary, but this particular price zone appears to be a bit different from others. The..
The Rise in EURUSD has accompanied a rise in the S&P 500. It’s not like it has not happened before. A weaker U.S. Dollar against the Euro (bullish EURUSD) has taken place during the bullish runs in the S&P 500 before and it has happened again. Leaders may change, but typical signs of growth in..
It’s rare, but the EURUSD/USDCHF Correlation turned positive on a Daily Chart. On September 1, the EURUSD/USDCHF Correlation turned positive. This relationship remained this way through September 6. The significance of this occurrence is that the relationship between the Euro-Dollar and Dollar-Swiss Pound almost always negatively correlated on a daily chart. The last time the..