In trading there are 3 main trading sessions, those are
- Asian Session
- European Session
- American Session
As you can see from the chart above, the most active sessions are the European and American sessions.
What else can you see by analyzing the chart?
- Asian sessions are usually very...
Yesterday GBP/USD had a very interesting trading session. First there was a rumor that Theresa May was going to step down due to illness, which caused the price to go down. Then, during her speech, we found out that she will seek an early election on June 8,...
For the past weeks we have been looking at trade ideas, but we cannot forget the importance of risk management. If you manage risk correctly, even if your winning % is only 30, you can still be profitable.
It is impossible to avoid a loss in trading unless...
Today we will look at Oil (WTI). It gives us a good opportunity going back to the basics of bullish and bearish flow, support and resistance as well as when to look for buys or sells.
Bullish flow means that the price is in an uptrend environment and...
Today we will focus on EUR/USD as we are expecting a lot more volatility in this pair due Theresa May signing the Article 50 – confirming the departure from EU.
As we can see from the image, this pair has been in an uptrend environment and following a...