Thursday, October 22, 2020

📈 Technical Indicator of the Day: Williams %R | AUD/CHF, GBP/CAD, and CAD/JPY Trade Ideas

Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
October 22, 2020
Trading today? Read this first.
Today, Pip Diddy's checking out AUD/CHF as the pair pulls back from its downtrend over the past couple of weeks. Is this another shorting opportunity at a good price?
Trading opportunities on GBP/CAD and CAD/JPY

Big Pippin's all about the Loonie today as he explores potential support and resistance levels on CAD/JPY and GBP/CAD. GBP/CAD's already moving so best be quick!

This week's crypto price analysis
Big Pippin's seeing more signs that altcoin bulls are getting ready to charge! Take a look at these potential reversal plays.
NZD/USD's current trend-following rating: Bullish

According to MarketMilk™'s short-term and long-term trend strength rating tool, NZD/USD is currently green, green, green! Settings used: 1D time interval, real-time price stream.

Technical indicator of the day: Williams %R

The Williams %R (%R) is a technical indicator used to identify overbought and oversold levels. Here's how you can use it for trading, plus some things you need to remember.

"Is trading psychology a cop out for not having an edge?"
Forum member TraderEvolved writes, "Is ‘Trading Psychology’ just a cop out for those that don’t have a defined edge in the market that they are confident in?"
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