Originally posted on TheForexArticles

 

  Related Posts

I am still working on finishing yesterday’s article. Here are the updated charts for that entry. Dollar to Euro exchange rate Gold Prices in Euros (these charts will probably make more sense once I finish writing up explanations)  Read More →

Just a quick post today to let you know about some brand new training videos from veteran trader Bill Poulos. They are completely free to watch. (…)  Read More →

Bloomberg has introduced a number of Forex Trading (Training) Videos on their website. I contributed to a number of them: These are the videos that I contributed heavily to: FX Fundamental Analysis Cross Currency Pairs Carry Trade Selecting FX Provider FX Trader Profile Technical Analysis FX Trends These are the videos where my contribution is... 

I will explain these charts in more detail tomorrow. To see the full pattern, I still need to add stock “fail to deliver” and commodity IOUs to charts above. The quick explanation of charts above is that Wall Street is a complete, Madoff-style ponzi scheme.  Read More →

Guest post by Jason Madison of  beatwallstreetnow.com There are no sure things in the world of day trading but there is one technique that comes pretty close. This technique is known as a free trade. Basically a free trade is when you open a trade and then wait for it to get to a certain amount of profit, and then you close out half of the position... 

Just a quick reminder. I will be giving a seminar on forex trend trading and strength/weakness pairings at The Futures and Forex Expo in Las Vegas (September 23-25). Here are the details: http://www.moneyshow.com/lvfx/main.asp?scode=019708 . Hope to see everyone there! James Chen, CTA, CMT  Read More →

You may recall that I discussed the EUR/USD pair a few days ago on this blog, and talked about why I think this pair may have reached a bottom based on the long-term chart. (…)  Read More →

1. Supertrend The Supertrend indicator is one of the best indicators you can use to spot new forex trends in my opinion. (…)  Read More →

Price action on USD/JPY, a daily chart of which is shown, has been in a trading range consolidation for around two weeks now. This consolidation has taken the form of a symmetrical triangle or pennant type of formation, which is essentially a converging consolidation, and occurs within the context of an overall long-term downtrend. For more technical... 

Looking at the hourly charts, EUR/USD is trading in an uptrend channel since the end of February. The near past tells us that the drop is near. The charts can speak for themselves. EUR/USD bounced off the bottom line of 1.3423 three times at the end of February and the beginning of March. This line was significant for the Euro in the past, back... 

  Related Tweets from Twitter

  Related News from Digg