XAUUSD Price Chart How to Use Trading Charts A trader will use charts like the one shown above so as to try and determine the next likely direction of the Prices. From the chart above a trader can determine the direction of the gold prices from the price movements. A trader will use th...
Gold trading is becoming very popular. Investors are looking to invest in precious metals as they are rewarding. However, you need a good trading strategy before investing in this kind of trade. There are diverse strategies when it comes to gold trading, thou they demand a technical analysis. ...
Today’s Forex trading lesson contains trading strategies that you can put to use immediately in the markets.We are going to discuss how to trade price action from key levels in the Forex market. Key levels occur in a variety of market scenarios, and we can combine these key market le...
So, here’s a very simple strategy for you; wait for a key level to break, then wait for price to retrace back to it and look for a price action setup entry trigger to form near the breakout level in the direction of the initial breakout. Example 7: EURJPY DAILY CHART We can...