Archive for July 1st, 2010
Learn Forex – Throwbacks and Pullbacks in Forex Breakout Trading
Learn Forex (FXpath.com) – In all financial markets, including the forex market, trading breakouts can often be a tricky ordeal. False or premature breaks are a common occurrence that can frustrate even the most dedicated forex traders. One higher-probability approach to entering into a forex breakout is to wait for a pullback/throwback to occur. Often, momentum on [...]
Forex Technical Analysis (2010/07/01) USD/CHF Plummets
(Please click on the forex chart thumbnail to enlarge) 7/01/2010 Forex Technical Analysis (FXpath.com) – USD/CHF, a daily chart of which is shown, continues to show the dramatic bearishness that was noted early in the week when price action reached all the way down to a key uptrend support line extending from the November 2009 [...]
