Posts Tagged by chart patterns ebook

Why trade with chart patterns?

Chart patterns are created when the price of a security or forex pair moves in a certain way creating a recognizable pattern.  The following takes a brief look at what chart patterns are, why they are useful and how to trade them. Several chart patterns are very useful in controlling risk while capitalizing on profitable…

Download Your Free Price Bars and Chart Patterns Trading eBook

Sometimes understanding the most basic elements of a chart can improve your trading success. That’s why Elliott Wave International (EWI) created a new eBook, Learn to Identify High Probability Trading Opportunities Using Price Bars and Chart Patterns, by EWI Senior Analyst Jeffrey Kennedy. Find out how price bars and chart patterns can improve your trading success.…

The Secret of Money

We know that the financial markets can be a source of great wealth.   Yet with much negative news out it can be hard to see how to make money.  Yet, here is a little secret:  There is no shortage of money!   We are all aware that money basically is nothing but our own…

Euro Continues to Unwind

There was further selling on Tuesday in the Euro as support and prior lows were taken out.  The trend remains down on all time frames.  I am still watching for moves above resistance for signals of a reversal, yet breaks below support should also also be traded as that is the current trend. With the…

EUR/USD-Testing Monday High

Daily EUR/USD outlook for April 15. The pair is currently very close to the Monday high.  Resistance is present at this level and so far the Euro has been unable to push above the 1.3690 level.  A rise above has an initial target of 1.3715 followed by 1.3800. Support comes in above 1.3590 and again…

EUR/USD Weekly Recap

What a week for the markets.  The currency, stock and commodity markets all saw volatile moves.  Although, the EUR/USD showed a more ranging tendency this week.  Friday saw a break below the former low, moving down through 1.3580 and getting as low as 1.3530, but the pair could not finish below the former support.   As…