forex trading (2)
Forex Technical Analysis: Currency Range for AUDUSD Identified in this 5 Second time frame as rising.
Chart Patterns Labelled and also identified at fluctuating Support and Resistance levels:
The battle between Bulls and Bears.
Bulls Identified as keeping the Range in a slightly upward movement. Bears show their hand at the Head and Shoulders Reversal Pattern.
AUDUSD Gone in 1/10th of a Second
5 Second = Bear
1 Second = Bear
1/10th of a Second = Bull
Helpful Hints
Share a Forex Trade Journal with the online FX community. The Journal is a way of tracking progress while at the same time can help the FX community. Community members are encouraged to help each other and so for clarity try to explain what you are doing. Additional Trade Journals can also be useful for tracking other Foreign Exchange Currency pairs, other Strategies or alternative Time Frames being Traded. Accurate descriptions always make an interesting read, while pin pointing good and bad trade decisions. - FXmosphere