Getting to know your currency and currency pair
In the first session from this morning’s forex webinar, I begin by explaining the importance of understanding the currency you are trading and related currency […]
forex trade signals
How to use the Camarilla levels indicator on the CAD/JPY as oil moves negative
For the first time in history the May contract for oil fell below zero and carried on lower. In the third session of the forex […]
How to use the currency array indicator to determine strength and weakness in each currency
In the second section of the forex trading web class, David explains how to us the currency array indicator to determine which currency is driving […]
Plenty of trading opportunities this morning in the forex markets
And as the London forex session gets underway there are plenty of trading opportunities and a number of volume price analysis lessons. We start with […]
Reversal opportunities on the daily currency strength indicator on MT5
We don’t always have to focus on the faster time frames for forex trading, and here we take a look at the daily timeframe for […]
London forex session, YM emini, sentiment and the yen pairs
Here we move to the NinjaTrader platform and take a closer look at the price action from yesterday on the YM emini futures contract. This […]
Trading the European session and into the London open as the sharks await!
An earlier session than usual which began at 7am and through into the London forex session at 8am, and as always a time when the […]
The 4th dimension, risk sentiment and more in the London forex session
A terrific session which covered many aspects of forex trading from the fundamental to the technical, relational and finally the political. Forex trading used to […]
Trend or reversal trading – take your pick!
As always, plenty of trading opportunities to discuss and consider as the US forex session gets underway, and following on from the London session which […]
Faster timeframes and renko charts to find the opportunities in quiet markets
The US forex session was muted much as for the London forex session with the US on holiday and celebrating the 4th of July. IN […]
NZD/USD gives us some technical and fundamental lessons
The daily chart for the NZDUSD has thrown up some interesting lessons for forex traders in the past few days, and well worth some analysis. […]
Bullish momentum continues for the EUR/USD
Euro bears are once again licking their wounds, desperately covering their short positions as the EUR/USD bounces back and looking to re-test the 1.3250 price area, […]
The yen index is now poised at key resistance level
Unlike the USD index, the Yen index is delicately poised below a key area of price resistance in the 7780 region, which has now been […]
USD index reverses on weekly doji candle
As we come to the end of another trading week, I just want to return to the USD index, following my post earlier this week […]
Bullish momentum returns for the USD/JPY
The dollar yen staged yet another of its notorious and acute corrections against the background of the usual media reaction, suggesting that the pair was […]
Dollar index reflects indecision in market’s view of USD
Following two weeks of solid gains for the US dollar, last week’s price action was an anomaly, given the sharp sell off in risk assets […]
EURGBP looking set to move higher
When trading the euro the vast majority of forex trades simply focus on one pair, namely the eurodollar. This is a great shame as they […]
Yen Index Heavily Bearish
Most of us are familiar with the Dollar Index, but I thought it would be interesting to post the hourly chart for another index that […]