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Markets were shaken on September 11 as two key US data releases painted a conflicting picture: inflation came in hotter than expected, while unemployment claims signaled a weaker labor market. Key Data (15:30 GMT+3) Market Reaction (Minute by Minute, XAUUSD M1) Takeaway
Price action is the practice of reading the market’s language directly from price. Indicators summarize the past; price action shows the story as it unfolds. Candles do not lie—each one captures a brief negotiation between buyers and sellers. When you learn to read those negotiations, you stop chasing signals and start understanding context. Candles: the … Read more
The Power of Confluence in Forex Since 2000, I have been working as a webmaster and designer, and since 2018 I have also been pursuing my path as a professional trader. My 30-year background as an agricultural engineer gave me a mindset of discipline, observation, and systematic evaluation of data. This engineering perspective became my … Read more
The 3 Candle Reversal (3CR) is a price action concept that marks potential reversal zones in the market. The shared chart examples and discussions highlight how 3CR levels are determined, how they function as buyer/seller zones, and under what conditions they remain valid or become invalid.
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