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Originally Posted by ForeCastle Talking Points: The Uk100 has failed to break over 6,900Price is still trading above supportA lower low must be made for the trend to turn Stock markets around the world have been making record runs over the past few years. However, with prices taking a pause, many traders are left to wonder if or when their favorite equities indices will turn. While fundamentally this can become a challenge, technical traders can use a series of price action clues to help them identify ...
Please check out the updated BBands_Stop and BBands_Stop Histo indicators for the new MT4.
Originally Posted by ForeCastle Talking Points: News releases can be stressful on tradersDevelop a plan before the event arrives Major news releases can be stressful on traders. That stress can show up for a variety of trading styles. Perhaps you are already in a good position with a good entry and you are afraid the news release may take a bite out of your good entry. Perhaps you want to enter into a new position as prices are near a technically sound entry point, but ...
Talking Points: The USDCHF break has run into the 200 Day Moving Average.Potential buyers could enter upon a confirmed break above the 200 Day MA.Sentiment has been indecisive all week, not giving us a clear reading. The 200-Day Simple Moving Average The 200-Day Simple Moving Average is one of the most popular indicators in the world. When price breaks through a 200 MA on a daily chart, it can often be seen as a topic of conversation on financial news ...