Market Analysis - Forexmospherians.com

Possible double pattern emerging on the weekly, which considering where we are at in the Brexit negotiations it makes sense.

Like everything in life, patience delivers some of the most important things and in the trading world it really helps with timing. Timing makes the greatest difference for entry and exit points, even if you know the right direction of the market, when you enter too early, waiting for right direction and growing a negative trade, the equity can influence your mind and force you to exit just before market turns in your favor.

Anyway, my market analysis is the current EURUSD direction for the time

A quick look at my dynamic support and resistance railroad lines as well as my moving averages.

As you can see price action is ranging upwards in this dynamic rising channel so we will need a small timeframe to analyse for entries here.

It has been a while since my last blog, not sure if I can still write some thoughts down on a paper, so let's try=))

During our trading journey, we often wonder how the market behaves on the price charts. Every one of us employ different methods and views so he can trade his edge comfortably. Some of which can be the market harmonics or market geometry trading... One law stated by very well-known Alan Hall Andrews says that the market reaches the median line in 80% of time (hopefully I remembe

Happy New Year to all FxMosPherians! Let the pips come with you... :)))