EUR/USD: This market has been moving steadily in the...
Now that the down Daily D Extension has been hit at 1.1417 I am expecting a bullish reaction to roundabout 1.2090 which is the right tip of the Bearish Crown. There is a smaller bullish crown on the daily chart and I plan to look for a 123 buy signal at the right tip ...Continue Reading
Mark to Market
The process of valuing a trader’s book at the end of each market day, using the closing market rates or revaluation rates. Any profit or loss is booked and the trader will start the next day with a net position.