By: Dima Chernovolov NZD/USD continues to rise inside the clear Falling Wedge chart pattern which was previously identified by Autochartist on the 4-hour charts. Autochartist rates the quality of this Falling Wedge at the 6-bar level – which is the result of the slow Initial Trend (4 bars), average Uniformity (5 bars) and higher Clarity […]

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By: Dima Chernovolov AUD/NZD continues to rise inside the clear Down Channel chart pattern which was previously identified by Autochartist on the 4-hour charts. Autochartist rates the quality of this Down Channel at the 6-bar level – which reflects the slow Initial Trend (3 bars) and strong Uniformity (3 bars). USD/JPY is expected to rise […]

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Daily Forex Update: GBP/JPY

By: Dima Chernovolov GBP/JPY continues to rise inside the uniform Up Channel chart pattern which was previously identified by Autochartist on the hourly charts. Autochartist rates the quality of this Up Channel at the 4-bar level – which is the result of the slow Initial Trend (one bar), strong Uniformity (8 bars) and average Clarity […]

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by Shaun Overton For traders who have a real talent for forex, yet very little capital of their own, prop trading may be the pathway to a good career or supplemental income. What is proprietary trading? To avoid confusion, it’s important to understand that the same term is also used in a different context to […]

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Daily Forex Update: EUR/JPY

By: Dima Chernovolov EUR/JPY continues to fall inside the clear Down Channel chart pattern which was previously identified by Autochartist on the hourly charts. Autochartist rates the quality of this Down Channel at the 4-bar level – which is the result of the slow Initial Trend and Uniformity (both rated at the one bar level) […]

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By: Dima Chernovolov GBP/CAD continues to rise inside the uniform Up Channel chart pattern which was previously identified by Autochartist on the 30-minute charts. Autochartist rates the quality of this Up Channel at the 4-bar level – which is the result of the slow Initial Trend (one bar), significant Uniformity (8 bars) and lower Clarity […]

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By: Dima Chernovolov CHF/JPY continues to fall inside the clear Falling Wedge chart pattern which was previously identified by Autochartist on the 4-hour charts. Autochartist rates the quality of this Falling Wedge at the 5-bar level – which is the result of the slow Initial Trend (one bar), below-average Uniformity (4 bars) and maximum Clarity […]

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By: Dima Chernovolov AUD/CAD continues to fall inside the well-formed Up Channel chart pattern which was previously identified by Autochartist on the 4-hour charts. Autochartist rates the quality of this Up Channel at the 9-bar level – which is the result of the sharp Initial Trend (10 bars) and maximum Uniformity and Clarity (both rated […]

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By: Dima Chernovolov EUR/NZD continues to fall inside the clear Falling Wedge chart pattern which was previously identified by Autochartist on the 4-hour charts. Autochartist rates the quality of this Falling Wedge at the 5-bar level – which is the result of the slow Initial Trend (one bar), average Uniformity (5 bars) and significant Clarity […]

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By: Dima Chernovolov USD/JPY continues to fall inside the clear Down Channel chart pattern which was previously identified by Autochartist on the 30-minute charts. Autochartist rates the quality of this Down Channel at the 4-bar level – which reflects the slow Initial Trend (2 bars), below-average Uniformity (3 bars) and significant Clarity (8 bars). USD/JPY […]

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