5 Bar Reversal Strategy hinges on looking for 5 consecutive bullish or bearish bars and then waiting for a reversal candle. This is a very good counter trend trading strategy that can give good gains. 5 Bar Reversal Strategy has been explained beautifully in this article. You can also watch this youtube video that explains… Continue reading 5 Bar Reversal Trading Strategy Is A Must Have Tool
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ECB Cuts Rates To Head Off Deflation Risk!
ECB cut the interest rates to a new record low as a precaution to avoid deflation in the economy. Worried that very low inflation could snuff out Europe’s weak recovery and tip the economy into a downward spiral, the ECB cut its main interest rate to 0.15% from 0.25%. It also took a step into… Continue reading ECB Cuts Rates To Head Off Deflation Risk!