Here’s a case study for trading the EURUSD End Of Day.
The EURUSD has hit into monthly resistance levels that were outlined much earlier in previous posts.
Would it continue to run, or turn round and head back down?

Trying to pick tops and bottoms is tricky business. Especially in currencies where markets tend to trend far longer [...]

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In the midst of all this testing of forex day-trading, here’s a follow-up on the USDCAD Head and Shoulders chart pattern trade. It’s only one trade, but when you get one like this and manage it accordingly, it’s a big whopper for so little work.

This is the 5th follow-up post on the USDCAD head and [...]

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What are Swing Highs and Swing Lows? How do you define what a Swing High or Swing Low is?

When you are trading with charts, knowing this basic price pattern comes in very useful in identifying when prices have put in a swing high or swing low.

Together with Support and Resistance levels, candlestick patterns and other [...]

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This is the 4th follow up on the USDCAD Head and Shoulders Pattern lesson. The first 3 posts can be found here:

USDCAD Head and Shoulders 1
USDCAD Head and Shoulders 2
USDCAD Head and Shoulders 3

The USDCAD hit the first 2 targets and paused, before continuing lower. It has now hit the FE 161.8 target.

Will it go [...]

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This is a follow up post on the USDCHF 1-2-3 chart pattern breakout with ADX determining trend strength. The first two posts can be found below:

USDCHF Trend Strength Part 1
USDCHF Trend Strength Part 2

USDCHF Trend Strength (ADX) and 1-2-3 Pattern Follow Up
When the USDCHF broke through point #2, it simply blew past the FE 100.0 [...]

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This is a follow up post on the EURUSD Bullish Break Out. Let’s take a look at what happened over the past few days since the lesson was first posted.
The first post can be found here:

EURUSD Bullish Break Out (Part 1)

EURUSD Bullish Breakout Part 2

A potential trend on the EURUSD was highlighted in the earlier [...]

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Earlier on, I highlighted a head and shoulders chart pattern forming on the USDCAD that signaled a potential trade happening. This is the part 3 of the USDCAD Head and Shoulders pattern lesson on the USDCAD.

USDCAD Head and Shoulders Part 1
USDCAD Head and Shoulders Part 2

USDCAD Daily Head and Shoulders Chart Pattern Price Target
The USDCAD [...]

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In a previous post to illustrate the possible use of the ADX, the USDCHF was used as an example. You can view the previous post here.
Here’s what happened after the post was published.

1-2-3 Chart Pattern

I’ve marked out the 1-2-3 chart pattern on the above chart. The trade entry would have been placed on the break [...]

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Earlier in one of my posts, I outlined a possible chart pattern trade setting up in the USDCAD. You can read the initial post here.

Today, I’ll follow up the trading lesson with the USDCAD Head and Shoulders Chart Pattern.

Following Up With The USDCAD Chart Pattern Trend Trade

You can see in the chart attached that the [...]

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On the USDCAD Daily Chart, we can see a head and shoulder’s pattern forming. Generally, I prefer head and shoulder chart patterns at the end of an uptrend, and not in the middle of a down-trend.

That doesn’t mean that the pattern won’t fulfill itself, it’s just a personal preference. A trade on this chart pattern [...]

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