Christmas is cancelled and New Years celebrations are on hold as the new strain of COVID fears spread along with the virus accross the world.
Risk is back on and Brexit talks continue to drag into Christmas week.
Trade halting 1.3280 and the monthly bottom. Waiting for consolitation at this level if not before.
CFDs are financial contracts between a broker and trader that pays for the difference in the settlement price between when you open and close a trade.
If a trader expects the currency to move higher, they will enter a long position with a specific lot size. Conversely, if the trader expects the currency to move lower, they will enter a short position, expecting...
The simplest ways to use Japanese candlesticks & Fibonacci is with support and resistance levels.
... So lets code them together to get a smoother price action picture.
Heikin Ashi + Fibonacci = SIMPLE & CLEAR PRICE ACTION!
Japanese candlesticks can be used for any time frame, whether it be one day, one hour, 30-minutes – whatever you want!
They are used to...