Month: August 2014

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How to Read Candlestick Charts

How to Read Candlestick Charts

Candle stick has been a part of technical analysis for a long period of time. The usage of candle stick trading has been traced way back to 1750’s. The pioneer of candle stick trading is none other than Munehisa Homna. Homna is often referred as “The father of The Japanese Candlestick Charting” dominated the Osaka…

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EURUSD short term reversal

EURUSD short term reversal

I scanned the market and I did not see anything which is caught my eye. The only pair which presented a trading opportunity is the EURUSD buy. Since we are going against a major trend,  do not target huge profits. Trade Idea: Entry: Entry at market or at 1.3425. The best entry however is 1.3410…

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