Author Archives: Glenn

Change is afoot!

Dear PracticalPips member, Change is afoot! It is with great pleasure that I can share this news with you. Over the last few months, we’ve been working hard behind the scenes to figure out new ways of bringing real value to you, the trader. It’s all coming together quite nicely, I must say. As with […]

Snapshot: GBPUSD, NZDCAD & EURJPY

GBPUSD Price moves in a never-ending cycle of these things, followed by those things, and then these things again, and so on. See below: These things are the impulse/trending moves. They dominate your screen; they close strongly, they often don’t have much wick (the candles) and price moves. Those things are your retraces or consolidations […]

Weekly Snapshot | May 28

EURUSD If the EURUSD started closing above 1.1730 on the daily timeframe, I might think that the downtrend was in trouble. For now, though, the bears still look firmly in control – no longs for me. Can price keep going down after it’s gone down so abruptly? Yes. My strategy is to wait for minor […]