Receive the latest alerts via email

Day: July 10, 2019

28 posts
Beware of a Trading Strategy That Does Too Well

Beware of a Trading Strategy That Does Too Well

Can a trading strategy be doing too well? That sounds counter-intuitive, certainly. Like suggesting that someone can be too rich or too successful. You might be thinking there’s no such thing. But when it comes to managing your trading strategy, one that is performing too well is a warning sign. That’s because, quite often, an…
GBP/JPY Target Level: 136.6726

GBP/JPY Target Level: 136.6726

Triangle has broken through the resistance line at 10-Jul-2019 09:00 UTC. Possible bullish price movement forecast for the next 2 days towards 136.6726. Supported by RSI below 40 Chart 1 hourPattern TriangleLength 178 CandlesIdentified 10-Jul-2019 09:00 UTC