Price Bar Reversal Patterns – The Closing Price Reversal
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The First Loss – How Will You Let It Affect Your Mindset?
Last week's article led to an interesting comment about the sequence preceding the one discussed in that article. Check it out here if you missed it – How to Enter When the Pullback Shows Strength! The email feedback expressed an interest in the fact that the session started with a loss and yet I…
Support and Resistance 4 – Round Numbers
Welcome back to another installment of support and resistance. The main chart features that I’m looking for in identifying support and resistance areas are the swing highs and lows, and areas of congestion. These have been covered in previous articles. If you haven’t seen them, please review them first: 1 – Support and Resistance –…
Candlestick Charting – Video 9 – Doji
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Losses Are Information
Losses are not something to fear. They provide valuable information – either your bias was wrong or your timing was out. The chart below shows the 30 min 6B chart (GBP/USD equivalent) prior to the UK session yesterday 8th July 2010.
What is Scalping?
The charts should be pretty self-explanatory, so have a read through them and then I’ll wrap it up with some text following the last chart.