Simple Pin Bar Bounce Forex Trading Strategy
Japanese candlesticks have been one of the most revolutionary innovations in trading. In spite of its simplicity, Japanese candlesticks had so much impact in technical trading. In fact, most traders today use Japanese candlesticks as their charting style. Japanese candlesticks are so effective as a charting method because it simplifies how traders view their price […]
Fed to hike 25bps; the bar is high to flip the status quo for USD – TD
TD Research discusses its expectations for next week’s FOMC policy meeting. “We expect a 25bp rate hike at next week’s FOMC meeting taking the Fed funds target range to 4.50%-4.75%, and raising the IOER and RRP rates to 4.65% and 4.55%, respectively. The move would be the second consecutive downshift in hiking pace by the […]
Market Spotlight: Low Bar Set for Today's US PPI & Retail Sales
Key US Data Up NextToday sees a double whammy for US data with both December PPI and Retail Sales due. On the back of weaker-than-forecast US inflation, today’s data is drawing more attention-than-usual. USD has been in decline since those Dec CPI figures were released with traders now anticipating a further pivot from the Fed […]
Pin Bar Indicator for MT5
Introduction to the Pin Bar Indicator The Pin Bar Pattern is one of the most effective reversal signals which is based on candlestick patterns. This is because it indicates price rejection which can be observed by its wicks pushing against a price level. The Pin Bar Indicator is a tool which was developed to help […]
Introduction To Inside Bar Trading Strategy » Learn To Trade The Market
Today’s lesson is an introduction to the inside bar signal and how to trade it. It’s really one of my favorite patterns to trade, especially on the daily chart time frame. Why, you ask? It’s simple. The inside bar pattern shows a pause or indecision in the market, and depending on the surrounding price context […]
$$$$ Inside Bar Forex Trading Strategy $$$$ – Analytics & Forecasts – 7 January 2023
Inside Bar is a candlestick pattern signaling low volatility period in a market. It means that there are not many orders coming to the market and that bulls as well as bears stay calm, and waiting for further market development. It is very easy to spot the Inside Bar pattern in your charts. It is simply a candle […]
Market Spotlight: Bar Set Low For Today's NDP Release
USD On The RiseIt’s been a good start to the year for the US Dollar which rallied through the week, driven by the hawkish December FOMC minutes and a bumper ADP employment print. Focus now shifts to the headline event and the first US labour reports of the year. A buoyant Dollar on the back […]