The risk grows as the leverage is higher. Forex Crunch has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: Omissions and errors may occur. I was laid off and decided to fast-track my dream of trading for a living. Let's find profitable trades together. Futures, options, and spot currency trading have large potential rewards, but also large potential risk. The high degree of leverage can work against you as well as for you. Summary: Watch for bearish price action on a retest of… See More Oct 23,




Posted on April 20, at pm. AUDUSD has been in a broader downtrend for exactly two years now, losing 3, pips from the highs. With the upcoming AUD event risk over the coming days we turn our attention to key levels that hustin been carved out by the daily time frame. Posted on April 13, at pm. This confirms the double top between March and April. From here we imagee watch for a retest of the level as new resistance.

Potential support areas to the juston include. Of course traders who are more risk-averse can wait for a daily juustin below. This would provide further confirmation of forex account demo nightforce double top…. Posted bennetf April 12, at pm. After losing more than pips to start the year, EURGBP found relief on March 11 th as the pair rallied pips before finding resistance at. A second attempt at the level produced the same outcome in benett April as the pair fell pips and eventually found refuge at.

Unlike the first rejection from resistance, the second move lower broke trend line support from March 11 th. This break signaled weakness for the bears as they…. Posted on April 9, at pm. AUDCAD is one of those pairs where it's often best to trade in and out in fore quick succession. It has a habit of retracing its footsteps faster jhstin most currency pairs. After a rally that has consumed three straight days and pips, the pair has formed a bearish pin bar on the 4 hour time frame. In addition, the pair carved out this bearish price action at the.

Home My Page Blogs Chat Media Images Videos Getting Started User Guidelines. Male Alexandria, VA United States. Blog Posts 54 Photos 7 Photo Albums. Daily Imgaes Action RSS. Justin Bennett posted a blog post AUDUSD Key Levels in Focus Ahead of This Week's Event Risk AUDUSD has been in a broader downtrend for exactly two years now, losing 3, pips from the highs. The monthly chart paints the picture nicely. This would provide further confirmation of the double top pattern and hustin See More Apr 13, Actually I am behnett of being greedy and buying if price gets to my lower horizontal line on a H1 or H4 signal.

That way if the upper level holds, I can still exit with a few pips. Of course it may never get there. Will watch and…" Dec 30, Justin Bennett commented on Justin Imafes blog post USDCAD Looks to Channel Support "Yes sir. Although I do think that lower level is better represented as justin bennett forex images diagonal in the form of wedge support. Just my two cents. So many ways to look, I guess. The area highlighted in green could produce bullish price action as a signal to get long.

The absence of a bullish signal there and a break of channel support would send the market to the justin bennett forex images area of support around 1. Key resistance comes in at 1. Justin Bennett posted a blog post New Price Action Setups: NZDUSD, EURUSD and EURGBP NZDUSD is my jusitn priority at the moment. Imagse having dropped more than 1, pips in 4 months, the pair metatrader 4 customer support united forming a bear flag pattern on October 6th.

It does appear that the pair has now completed the pattern with a close below channel support on the 4 hour chart. From here we can look for fforex resumption of the downtrend. If the market can get passed the recent low around. Summary: Watch for bearish price action on a retest of… See More Oct 23, The market broke through the 1. Not much to report today, although the market was able to make up for a lot of lost ground before the close. I wouldn't be surprised to see a retrace to the 1.

Forex Farmer commented on Justin Bennett's blog post Price Action Setups: NZDUSD Critical Support Broken "I Hope so. Thanks" May 29, Justin Bennett posted a juston post USDCHF About to Turn South? Just now on the 4 hour chart, a bearish pin bar formed at the same resistance level. It will be interesting to see how the day closes.

More Price Action Setups See More May 16, Justin Bennett posted blog posts GBPUSD Bearish Day a Sign of Things to Come? GBPUSD Price Action Finding Support at the 1. May 14, Justin Bennett commented on Justin Bennett's photo "As always, Oasis, these are just my observations. It was a post about what had happened on the 4 hour chart, not what might happen on the daily. See the daily chart - obviously current bar is far from closing but see possible contradictory signal in the making.

I guess waiting to see what happens is best. The pair has been trending up since May 5th and based on this bullish pin bar, looks to be ready to retest recent highs at the Justin Bennett is a full-time Forex trader justin bennett forex images Owner of Daily Price Action. His Forex trading career began 6 foex ago and has followed a path similar to many traders. For the first 3 years he tried nearly every indicator and strategy known to man, but each time behnett journey ended where fordx started, frustrated and in search of the next "holy grail" that would bring consistent profits.

It wasn't until he cleared every indicator from his chart that he had his "ah ha" moment. For the past 3 years, Justin has worked to perfect that moment into something that can be easily duplicated by other traders in search of consistent profits. Technical - Price Action. AUDUSD Key Levels in Focus Ahead of This Week's Event Risk. Double Top Confirmed as EURGBP Slides Lower. This would provide further confirmation of the double top… Continue.

EURGBP Finds Support as Double Top Looms. This break signaled weakness for the bears as they… Imagws. AUDCAD Bearish Pin Bar Hints at a Turn Lower. For now I'm going to stand aside to see how the justin bennett forex images 4 hour candle closes at 5pm EST. Add a Blog Post. You need to be a member of Forex Bbennett Network to add comments! Welcome to Forex Social Network.

Hello, you need to enable JavaScript to use Forex Social Network. Please check your browser settings or contact your system administrator. Sign in to chat!




Forex Pin Bar Trading Strategy


Justin Bennett has been a student of the financial markets since and a Forex trader since After several years of struggling, he was able to persevere to. We would like to show you a description here but the site won’t allow us. Justin Bennett is a full-time Forex trader and Owner of Daily Price Action. His Forex trading career began in and has followed a path similar to many tr.