The Price Oscillator indicator (sometimes referred to as the Percentage Price Oscillator indicator) incorporates two moving averages (a short one and a long one) and is similar in many ways to all the other oscillating indicators, except that this one doesn't have overbought or oversold areas. (…)
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I've been looking closely at the EUR/USD pair this morning and I'm coming to the conclusion that at the current price of 1.2640, this is a good shorting opportunity for both long-term and short-term traders. (…)
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I just thought I'd post a quick trading update today because it's been a very exciting few days and I now have some spare time having closed virtually all of my positions earlier today. (…)
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The 200 day moving average is one of the most widely used technical indicators because when applied to the long-term charts it gives you a great indication of the long-term trend. (…)
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Just a quick blog post today to tell you about a new trading video that's just been created by Adam Hewison, the co-creator of the Marketclub trading service. (…)
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The trouble with technical indicators, and oscillating indicators in particular, is that although they can tell you when a currency pair is overbought or oversold, they can never be relied on with any great confidence. (…)
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This could potentially be my last trading update until September because for the next four or five weeks I shall be glued to the World Cup (with many matches starting as early as 12.30) and will probably concentrate on my stock trading rather than my forex trading. (…)
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Many forex traders use fibonacci analysis to re-enter a trade in the same direction as the overall trend after there has been some kind of retracement. (…)
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This will be my last post for a while as I'm heading off to Prague in a few days time for a week's break (providing the volcanic ash has cleared away by then). (…)
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Forex Mastery 2.0 is an updated version of the hugely popular Forex Mastery trading system, and it is due to be released this coming Tuesday (11 May). (…)
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I thought this week was going to be another volatile week and I wasn't disappointed. Indeed it was because of this that I traded smaller stakes then usual this week. (…)
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Following on from my last post about a new forex trading system that's due to be released shortly, there is now a video that you can watch that discusses two powerful new indicators that are a vital component of this system. (…)
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