In this week’s vlog David focuses on the dollar index as political events in the U.S. have charged the currency and it dropped 2% over the last five trading days. President Trump’s impact has been higher than usual after he fired the director of the FBI.
The strategy session this time around looks at the triangle pattern, one of the most widely utilised formations in chart analysis. David uses real chart examples from the USD/JPY to demonstrate breakouts in either direction of the triangle and what usually follows them.
At Trading 212 we provide an execution only service. This video should not be construed as investment advice. Investments can fall and rise. Capital at risk. CFDs are higher risk because of leverage.
Jones, there’s a bullish Triangle Pattern happing right now with GPB/USD, 1 day chart – might breakout within the week… Check it out guys
Exellent vlog! Learned a lot from your lessons! Best regards
I learnt a lot about the support and resistance levels which is very helpful from your videos. Thank you
Please discuss Strangle and Straddle strategies. Thanks
Ok
Funny this looks exactly like the eur/usd chart today on dailychart 🙂
Decent
thank u
I think I may of spotted another triangle on the down trend, could of also explained how a triangle forms when the markets on a down trend. Your Videos ans explanation is awesome helping me so much