Archive for June 29th, 2010
Learn Forex – Pin Bars, Hammers, and Shooting Stars in Forex Trading
(Please click on the forex chart thumbnail to enlarge) Learn Forex (FXpath.com) – Pin bars in the bar chart world are essentially the equivalent of hammers and shooting stars in the candlestick chart world. These single-bar price action indicators can be exceptionally effective confirming or warning factors for potential market turns in the forex market. Used in [...]
Forex Technical Analysis (2010/06/29) EUR/USD Bearish Stance Tentatively Returns
(Please click on the forex chart thumbnail to enlarge) 6/29/2010 Forex Technical Analysis (FXpath.com) – EUR/USD, a daily chart of which is shown, has finally re-asserted its bearish stance (at least for the time being) as of Tuesday (6/29/2010) morning and descended once again to approach key support in the 1.2150 price region, establishing a new [...]
