Featured Post from forexheatmapby, 05-21-2015 at 03:22 PM
Today in forex tradint the GBP strength pushed the GBP/NZD and GBP/AUD much higher. The trading signals and price chart movement in the images below. Click o nthe link for a full assessment of these two pairs and the rest of the GBP Pairs.
Featured Post from Macplauzby, 05-07-2015 at 09:56 AM
Price manipulation in the Forex market - Observation in the EUR/USD
A very important aspect in Trading Forex in my opinion is that price is most often pushed/ (particular at news release) to slightly penetrate or break Support/Resistance zones (for example recent Highs/Lows/Pivot Points or in general where stops are anticipated) to trigger the stops and often reversing after completing the stop run and targeting the opposite zone where stops are anticipated (for example the stops of the fooled breakout traders). The manipulation aims to catch the stops and to fool breakout traders at Support and Resistance or striking levels for example highs/lows and psychological numbers. This allows market manipulators to position themselves ...
Featured Post from forexheatmapby, 04-13-2015 at 01:00 PM
Today in forex trading the AUD was weak on all pairs. The movements started in the Asian session. THe AUD/CHF dropped and could continue down to the 0.7275 support and the GBP/AUD could continue up to the 1.9600 resistance. Both pairs are ranging on the H4 time frame. See the live trading signal below from The Forex Heatmap®.
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