by James Edward | Oct 29, 2015 | Forex
Today is a good example of how we analyze the market when there is 1 clearly strong or weak currency along with several currency choices to possibly pair it with on the other side. First off, we don’t have much happening during the London session until over 20 minutes...
by James Edward | Oct 27, 2015 | Forex
During the London session, the JPY (yellow line) is the strongest currency and has momentum up. The CAD (green line) is weak and momentum is coming into the market pushing it further down. CAD/JPY SELL So if you placed your entry 10 pips below the opening price (per...
by James Edward | Oct 26, 2015 | Forex
2 minutes into the NY session, we see a great pattern emerge. The AUD (orange line) is strong with a steep line to the far right showing huge momentum in the market. The EUR (pink line) is weak also with a steep line indicating huge momentum downward. EUR/AUD SELL...
by James Edward | Oct 8, 2015 | Forex
Just 20 seconds into the London session, a perfect text book pattern emerges as the CHF (turquoise line) is strong with a very steep line to the far right indicating huge upside momentum going on right now. On the weak side, we have the AUD (orange line) with a steep...
