ChartPros Market Insights
May 20 Chart of the Day - USD/CAD
Yes, the NHL playoffs are in full swing and it was about this same time last year when we last featured the Forex pair USD/CAD from a price action technical analysis perspective.
Plus, this is one of 16 charts we post daily in our highly rated members only trade room.
June 9 Chart of the Day - AUD/USD
Today we look at another forex chart, the Aussie Dollar AUD/USD.
It would seem like the bulls are large and in charge the past couple of weeks and gunning for 0.68 - 0.69 area. But not so fast my friends...
Because on the daily chart price is now tip toeing as we like to call it through a change control zone. So what exactly does that mean?
Forex Grid Trade Plan | February 13, 2023
Market Calm Before the Election Storm... What to Anticipate
Advanced Futures Course with Michael Perrigo
ChartPros launched its latest market education leading course "Advanced Futures".
This course takes traders through advanced strategies and preparations for trading indice futures.
The course is broken into three sections and will walk traders through step by step some of the most advanced strategies and techniques for day and swing trading.
Traders are going to learn how to identify Fibonacci sequences used by institutional algorithms and how to leverage that knowledge in your trading.
We're also going to provide insights into risk management and how to create "risk free" trade scenarios.
Lastly, we take traders through some trade planning and trade recaps that apply the techniques taught in the course.
Anatomy of a Potential Entry
A frequently asked question we get so often is how do we determine a potential entry level where there are multiple levels of interest within a particular zone or area.
So here is a brief 4 minute video on the Anatomy of a Potential Entry on USD/CAD for June 8, 2020.
USD/CHF Free Chart of the Week
Will 2020 be a Breakout Year for USD/CAD?
With USMCA replacing NAFTA it leaves us to wonder what, if any, impact it could have on USD/CAD price action...
Could 2020 be the beginning of a break out or will price action be more of the same? Same being somewhat range bound 14-18 months with neither the bulls nor bears really in charge.