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Forex Trading For Profit
5y ago
Last week I analyzed three currency pairs: USDJPY, USDCHF and AUDUSD. The first two pairs, according to the principles of Price Action and its basic formations, and the last one in a slightly different way, namely I used the envelopes indicator, which was supposed to show me the nearest future of quotations on this pair. What worked and what didn’t, is described in the next, already 43rd weekly article from the cycle “When Theory Meets Practice”.
The analysis that appeared on Monday, as the title indicates: “USDJPY and USDCHF – possible further strengthening of Yen and Frank” concerned two pai ..read more