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Lewis Barber is a professional forex trader with experience across a large variety of markets. Although he focusses primarily on forex trading Lewis also has experience of trading stocks, commodities and indices as well. He believes in adopting simple, straightforward and easy to follow... More
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  • Daily Forex Trading Commentary - Wednesday 21st May 2014 0 comments
    May 21, 2014 6:32 PM
    USD/JPY - Unfortunate Shake Out Here Too!

    There was a nasty shake-out on this market too today, but the resulting pin bar is really quite nice. Sometimes this happens in trading, and you just have to take it on the chin. There is now another, much better signal, and therfore, it makes sense to consider trading an upside bounce from this setup. Unlike EUR/USD, this pin bar has closed much more bullish.

    (click to enlarge)

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