For free trading education, go to http://www.tradingwithrayner.com
Let me share with you one useful tip.
If price is in an uptrend and there’s a negative news release, watch how price reacts to it.
If price ignores the negative news and continues to trade higher, you know there’s strength in this market and the bullish sentiment is strong (and vice versa in a downtrend).
And…
In this week’s analysis, I’m going to reveal a currency pair that is doing just that, and walk you through how I intend to take advantage of this scenario.
Lastly, you’ll want to pay attention to this key level on the S&P. If it breaks, things aren’t going to look pretty for investors.
So, go watch this week’s market analysis now.
Thanks for watching!
FOLLOW ME AT:
Facebook: https://www.facebook.com/groups/forextradingwithrayner
Twitter: http://www.twitter.com/rayner_teo
My YouTube channel: https://www.youtube.com/tradingwithrayner

By Stock Chat

where the coffee is hot and so is the chat

9 thoughts on “This chart spells trouble for this major currency pair”
  1. Avataaar/Circle Created with python_avatars Msizi Shange says:

    i blew my $2000 account a year ago…but u bring back hope to me

  2. Avataaar/Circle Created with python_avatars Yaw Trader says:

    what is black moving average method on your chart

  3. Avataaar/Circle Created with python_avatars Superior Man 7777 says:

    I like your attitude 🙂 Subscribed

  4. Avataaar/Circle Created with python_avatars Antoine Desjardins says:

    Great call on this short! Your discretionary trend following trading style works well with FX, but do you believe it is as effective in equities? I ask because the increase in volatility has been shaking me out of some trades. I have been placing my stop loss at 2 ATR, but I'm wondering if a less mechanical approach should be adopted for equities.

  5. Avataaar/Circle Created with python_avatars Michael says:

    Great analysis Rayner, as usual.

  6. Avataaar/Circle Created with python_avatars Monoï says:

    Can't make your videos 1080 HD ?

  7. Avataaar/Circle Created with python_avatars tuan nguyen says:

    happy chinese new year rayner wish the best for you in 2016

  8. Avataaar/Circle Created with python_avatars Maria Tang says:

    Your Chinese is very good too 😃

  9. Avataaar/Circle Created with python_avatars Matt Paskell says:

    great vid rayner. do you consider further overhead resistance if gold were to break 200ma

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.