Forex price action analysis – May 19th 2015

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It has been a little while since I shared my analysis. The last few weeks have been busy, I was away on holiday in Belgium for a while, and I did not get a chance to post analysis. I am back now, and I won’t be on holiday again for a few months. Before I start with today’s analysis, I want to make an important announcement… … On Thursday the 28th of May, I will be holding a free one hour long webinar. The webinar will be different to any other webinar I have ever done. I am really excited…

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Forex price action analysis – April 21st 2015

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I took a bit of a break again last week, this time it was for my birthday. April tends to be a busy month for me so I do not get much trading done. However, I am back for two weeks before I set off to Belgium in early May. So, let’s dig in to this weeks analysis and see what has changed. Key Support & Resistance Areas This Week GBP/AUD: GBP/AUD just keeps on giving us great trades. Make a point of monitoring support and resistance areas on GBP/AUD, if you want to catch reversal trades. My key support…

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Forex price action analysis – April 8th 2015

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I hope you all enjoyed your Easter break. This year, I decided to extend my Easter holiday by a day; so, I’m only getting back to trading today. Honestly, I haven’t really looked at the charts much this week, so I’m not sure if there’s been any trades yet. A few people in the forum entered a GBP/USD trade on Monday, however, things have been pretty quiet since. This is normal though, my strategy doesn’t give us many trades until Wednesday and Thursday. Support and resistance areas To make the most of this analysis, you need to understand price action,…

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Forex price action analysis – April 1st 2015

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We have had a mixed week so far, some good trades, some bad trades, but nothing terribly exciting. However, the week is still young, things don’t often take off until Wednesday and Thursday with my strategy. So, should we be gearing up for an awesome Thursday? Probably not… … This Thursday might be boring as it is NFP (Non-Farm Employment Change) week, price action can be sluggish on NFP week. Support and Resistance Areas To make use of the analysis below, you need to understand how I use support and resistance in my trading. In their most basic form, support…

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Forex price action analysis – March 22nd 2015

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I have had a busy few weeks with the recent webinar on support and resistance. Now that things have quieted down I can get back to doing the weekly analysis. First, let me explain how this analysis works. Support and Resistance Areas I use my own support and resistance areas along with some very specific candle patterns to take awesome reversal trade… … I explain my strategy in detail in the Forex price action strategy section. I will also link to a few webinars below. Unless you understand my strategy, you should not use these support and resistance areas. If…

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