Forex Price Action Lession 7 Moving Averages
By David Pegler | Mar 13 | FX Bootcamp
Few markets can be as rewarding and punishing to the individual investor than the Global Forex trading marketplace.
Sep 29, 2011 | IBTimes
The Japanese are very poetic and allegorical when it comes to describing market action. Just take Japanese candlesticks for example. You have names like the Harami (pregnant lady) describing basically an inside bar. An abandoned baby for example describes a strong bearish candle, a gap, a spinning top, then a gap back up. The candlestick on its own island is like an abandoned baby.
By Fan Yang | May 31, 2011 | FX Times
NOT WHAT YOU THINK “If your trading isn’t going the way you want it to, change what you are doing… Maybe you need to change something about your trading system (your exits or your position sizing strategy). Or maybe you need to change how you approach your life in general.” “Life is a process. Ther...
By amustapha | May 22, 2011 | Fx Instructor
The moving average represents the "mean" of the price action within a specified period. It is one of the simplest technical indicator and is the basis for many varieties of Moving Average type indicators, as well as trading systems.
By Fan Yang | Apr 27, 2011 | FX Times
This recent rally has many market pundits believing the market will continue higher, fueled by slightly improved economic data points. The bulls realize that the all important S&P 1130 level is not that far overhead; if they can push the SPX through that level with strong volume, a rally could play out. The charts below are using the S&P E-Mini contract for analysis purposes.
By Chris Vermeulen | Sep 18, 2010 | TheGoldandOilGuy
How to read MACD? MACD stands for Moving Average Convergence Divergence. This technique is one of the most often used by the different simulator software as performing the technical analysis of stock trend using this method is easy and very straightforward. As I mentioned, the MACD works well both for a "long term", middle term and intraday trading systems.
Sep 18, 2010 | AutoTradingFx
Look at the price waves. Find the last major move (rally or sell of). It must be the most recent and the most significant move.
By Roger Baettig | Aug 31, 2010 | IBTimes