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29/10/2015 · Please note that for past 7 months the price action was contained in this pattern. We now expect a test of 1.0809 first and if that support fails then further decline towards the low of 1.0470 will be expected. And upside will be expected to be limited to 1.1105 to 1.1135 resistance zone. ← Comparison between Forex, Binary Options and Penny

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Forex trading discipline will reduce your risk, but only if you have the discipline to stick with them. Traders who are undisciplined can turn the most sophisticated trading plans into confusion. The best Forex traders take the time to observe market patterns and put together strategies which raise their chances of making money.

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Forex Blog at ForexAbode.com by Himanshu EUR/USD breaks out of 7 months pattern October 29, 2015 in Chart Alert In the “Alerts – Observations – Watch Outs” sub-forum of our Forex forum section we had been talking about the ascending triangle pattern of EUR/USD. In the last alert we had indicated the following:

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