Learn to Trade Price Action Consistently

EURUSD weak bear follow-through retesting low

June 19, 2022 By Andrew A

The EURUSD Forex re-tested the low and the bears got a weak follow-through bar on the weekly chart. The bears want a breakout below the May low followed by a measured move down based on the height of the 7-year trading range. The bulls want a reversal higher from a double bottom major trend reversal following the trend channel line overshoot and wedge bottom.

Emini weak follow-through buying so far

March 6, 2022 By Andrew A

Market Overview: Weekend Market Analysis The SP500 Emini futures triggered the high 2 buy signal this week on the weekly chart, but weak follow-through buying so far. Traders are looking to see if the bulls can create another leg higher. If the Emini stalls at the February 2 lower high, odds are sellers will return […]

Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

The trading room is for educational purposes only and opinions expressed are those of the presenter only. All trades presented should be considered hypothetical and should not be expected to be replicated in a live trading account.

Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program.

One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

EURUSD weak bear follow-through retesting low

Emini weak follow-through buying so far

Risk Disclosure

Hypothetical Performance Disclosure