Learn How to Trade Forex Price Action

justin bennett-greyscale

Do You Ever Wonder How Professional Forex Traders Pull Consistent Profits from the Forex Market? Well, this is your chance to find out. How would you like to learn how to trade Forex price action directly from me? Get access to my entire price action course, see all of the daily setups and get feedback directly from me. … [Read more...]

Weekly Trading Forecast: EURGBP, USDZAR and EURAUD

EURGBP daily forex chart

Want more price action setups? Join our Exclusive Member's Community We have a few setups and potential setups to watch going into next week, however keep in mind that the holiday should keep things fairly quiet across the market. Given the potential slow-down, it's a good idea to lower expectations of follow-through and instead focus on the … [Read more...]

Mean Reversion: A Guide to Market Timing

using the 10 and 20 moving averages as a mean reversion tool

Mean reversion is a mathematical theory that is often used in the financial markets. It represents a market's tendency to move back to the average price after an extended move. This can be an average price on a trading chart or even the growth rate of a particular economy. Speaking of timing, you may have heard the saying, "timing is … [Read more...]

GBPJPY Longs Favored Above 186.09

GBPJPY 4 hour forex chart

Want more price action setups? Join our Exclusive Member's Community The markets seem to be calming some in preparation for the holidays. As such, it's a good idea to use an extra dose of patience when looking for setups. You may also want to lower any expectation for follow-through as liquidity begins to dry up going into the last few weeks … [Read more...]

USDJPY Rally Intact – Where to Next?

USDJPY 4 hour forex chart

Want more price action setups? Join our Exclusive Member's Community The aftermath of FOMC leaves the USD rally in tact for now. One pair that we can keep an eye on for continued strength is USDJPY. I haven't traded this pair in quite a while as I've been waiting for a healthy pullback within the recent 1,600 pip rally that lasted for … [Read more...]

EURUSD Turns Bullish – Will it Last?

EURUSD daily forex chart

Want more price action setups? Join our Exclusive Member's Community Today we're going to start with EURUSD, a pair that has seen a consistent decline for almost seven months now. However that may be about to change. We've been tracking trend line resistance from August ever since the market touched it for the fourth time in late October. … [Read more...]

How to “Fine Tune” Your Key Levels

AUDUSD bullish pin bar on the one hour chart

You probably know by now that the use of key levels in the market is a large part of what makes a Forex trader successful. But how can you be sure that the placement of a level is as accurate as it can be? Should the level be placed at the highs or lows of each candlestick or at the body? The answer to these questions is of course dependent on … [Read more...]

EURCAD Longs Favored Above 1.4440

EURCAD daily forex chart

Want more price action setups? Join our Exclusive Member's Community Yesterday marked a big day for EURCAD, which saw a close above the 1.4440 key level. This level previously acted as support in July and more recently acted as resistance in October as the market failed to break through the level on four separate days. This falling wedge … [Read more...]

No Signs of Stopping for USDCAD

USDCAD 4 hour forex chart

Want more price action setups? Join our Exclusive Member's Community I mentioned USDCAD a few days ago, noting that we were looking for a retest of the 1.1457 level to act as new support. The pair needed a bit more room than expected, but it eventually found support and has since made new highs for the year. This puts us in a similar … [Read more...]

EURCAD Falling Wedge in Focus

EURCAD daily forex chart

Want more price action setups? Join our Exclusive Member's Community Today we start with a pattern that at first glance looks bearish, but actually as bullish implications. EURCAD has been in a downtrend since the head and shoulders pattern formed back in March of this year. Since that time the pair has lost 1,300 pips. The pattern in … [Read more...]