Attention all traders! Based on my experience and studies of price action, I am predicting a selloff movement of the Forex instrument GBPJPY. Price action is a method of technical analysis that looks at the movement of a security's price over a specific period of time. It is used to identify patterns and trends that can be used to make trading...
The Market Price Action Algorithm has presented us with a potential long opportunity at London Session Rollover. Depending on how price reacts at this level, I may place a buy trade. I'm expecting this area to be approached close to London session. If I start to see exhaustion of selling energy and nice wicks to the downside in this area, I will be entering the...
I see price action has presented us with a potential short opportunity. I see an area of supply that gold is reaching. I am anticipating a sell off once it reaches the point of interest that I have placed on this chart based on my experience with the market algorithm up to this point. Do not risk anything that you can't afford to lose in these markets. Happy Trading.