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Get More Power Over Your Trading With Less Hassle

FXTechstrategy delivers powerful buy/sell trade ideas with stop losses, price targets and super-easy analysis to help you improve your results

How Premature Exiting Can Ruin Your Trading Results

He felt really good about this trade. John’s plan recognized a demand zone on the 60 minute NQ E-mini chart and the price action had pulled back as it was about to enter the DZ. The 5 minute chart is where he had placed a bracketed order to go long in the zone with a stop just below the demand zone when it

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EURGBP: Risk Continues To Point Higher Medium Term

EURGBP- The cross closed higher on Monday opening the door for additional gains in the days ahead. Support lies at the 0.9100 level where a violation will turn focus to the 0.9050 level. A break will expose the 0.9000 level. Resistance resides at the 0.9200 level where a violation if seen will turn risk towards the 0.9250 level. Further up, resistance resides at

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How To Keep Your Reputation In Check When You Trade

Tracy was still angry with her husband even though the argument happened last night. She thought that since she “slept” on it that things would look a little differently today…they didn’t. She and Bob had a good relationship, but sometimes “he could be so stubborn,” she thought to herself. In fact, her anger had caused her to forgo a very important part of

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GOLD Faces Pullback Threats On Correction

GOLD: With the commodity retaining its upside pressure, more strength is envisaged but with caution of a pullback. On the downside, support comes in at the 1,280.00 level where a break will turn attention to the 1,270.00 level. Further down, a cut through here will open the door for a move lower towards the 1,260.00 level. Below here if seen could trigger further

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EURUSD Retains Bull Bias Despite Price Hesitation

EURUSD: The pair continues to hold on to its upside pressure though seeing price hesitation the past week. Resistance comes in at 1.1800 level with a cut through here opening the door for more upside towards the 1.1900 level. Further up, resistance lies at the 1.1950 level where a break will expose the 1.2000 level. Conversely, support lies at the 1.1700 level where

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How To Keep Your Trading On Track (And Stay On Profit Lane)

Jackie looked at her screen with a stunned expression as the fact began to seep into her consciousness…she had just experienced the largest loss in her trading history. She felt sick to her stomach, her head ached, and she was shaking. It all began like most mornings. Jackie started her trading day by checking the overnight markets, she checked the news, she checked

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EURUSD Backs Off Lower Prices, Targets More Upside

EURUSD: The pair took back its losses to close higher on Wednesday and opening the door for more strength. Resistance comes in at 1.1800 level with a cut through here opening the door for more upside towards the 1.1900 level. Further up, resistance lies at the 1.1950 level where a break will expose the 1.2000 level. Conversely, support lies at the 1.1700 level

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EURUSD Follows Through Lower, Vulnerable.

EURUSD: The pair followed through lower on Tuesday leaving risk of more weakness on the cards. Resistance comes in at 1.1800 level with a cut through here opening the door for more upside towards the 1.1850 level. Further up, resistance lies at the 1.1900 level where a break will expose the 1.1950 level. Conversely, support lies at the 1.1700 level where a violation

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How Elite Traders Develop Strong Positive Habits

One of the best ways to initiate a new habit is with a routine. Once you have established your goal(s) break down the item into tasks and objectives. For each objective make a list of what needs to be done to accomplish it. This would be your list of tasks. Prioritize those tasks with the first item on the list being the first

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GOLD Strengthens Further Higher On Bull Pressure

GOLD: With the commodity continuing to hold on to its upside pressure as it close higher the past week. On the downside, support comes in at the 1,280.00 level where a break will turn attention to the 1,270.00 level. Further down, a cut through here will open the door for a move lower towards the 1,260.00 level. Below here if seen could trigger

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