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The Trend By Angle MT4 Indicator is designed to measure the slope or angle of price movement, which is often a more reliable way of identifying trend strength. Instead of just showing whether the market is going up or down, it highlights the speed and intensity of that movement. This gives traders insight into whether…

by Chad Shoop Chad is a Chartered Market Technician (CMT) who specializes in stock and options trading. For over 12 years, he’s led some of the largest trading research firms on the planet. Major trends and patterns in the market don’t usually develop overnight. But, much like the red car theory, once you know what…

USD/JPY’s rise from 145.47 extended through 149.12 resistance last week. The development confirmed that correction from 150.90 has completed at 145.47 and rise from 139.87 should be resuming. Initial bias stays on the upside for retesting 150.90 first, and break there will 151.22 fibonacci level. On the downside, below 148.89 will turn intraday bias neutral…