I am spending only tree hrs for doing this. At first I was a very sceptic. More Data Entry Jobs Covance Job Type: Nurses This biopharmaceutical contract research organization with research operations in more thanRead more
The usdjpy typically has the most volatility when Tokyo first opens, and when New York opens many hours later. Anything over -/80 is a strong correlation. Open a trading account, dEMO account. Both financialRead more
you! Some traders think that a support or resistance level is a specific price. Its almost like in a soccer match when the two teams play an entire game only to end up in a tie or draw. Why did the reversal suddenly hit a price and then continue back to the upside? We love hearing from you guys. But that does not mean that this will not work on a five-minute time frame. Take a look at the following stock chart: This stock was moving lower in October (highlighted) and then suddenly it dropped more significantly than on previous days.
Be sure to leave us a comment below and tell us what you think of this strategy, and how you trade using price action analysis. You are essentially like a detective when you trade price action. Narrow range candles lead to explosive moves. The areas that I have highlighted are the correct support and resistance levels. You bears have taken this too far.
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