Using Moving Averages as trend filters – First, I am going to assume that most readers have a basic understanding of moving averages. Even so, understanding the differences between an exponential moving average (EMA) and a simple moving average (SMA) is an area I find many people are unclear about. So with that in mind,[…]
High accuracy Forex StepMA Stoch Technical Trading System and Strategy – Most forex traders use charts to decide when to enter and exit trades, and technical traders in particular pay attention to price patterns. By looking at charts and weighing price, volume, volatility, and timing, it is possible to find patterns that indicate opportunities. For[…]
The purpose of this article is to explain the first steps in conducting technical analysis of forex prices. These steps involve finding support and resistance, trend lines, and assessing where the price is in relationship to these geometric points. Projecting Horizontal Support and Resistance Points Where is the currency pair price and what is[…]
Measuring Forex Reversal Breakouts – Forex trading a reversal breakout undoubtedly sounds very appetizing to many traders who are lured to it by the prospect of attaining easy big profits in little time. Who doesn’t like to get a reserved seat at the turnaround of a trend as the ride gets propelled by a frenzied[…]
