Tag: retracements
Forex Trading: Analysing the Market Environment Part 7
The market is inherently unpredictable, and retracements can turn into reversals without any warning. That's why it's important to use trailing stops when trading...
Forex Trading: Analysing the Market Environment Part 6
In the previous lesson, we looked at the differences between reversals and retracements, and some strategies to use when you are unsure. Today, we...
Forex Trading: Analysing the Market Environment Part 5
Retracement or Reversal?
One of the trickiest things to predict when trading currencies is whether what you are witnessing is a retracement (a temporary blip...