July 2, 2009 · Leave a Comment
There were no significant gaps at the open of the session this Sunday. Therefore, there are no gap trades for this week. The USD/JPY has a pending short pivot trade and a pending long trade. The EUR/USD has a pending long trade and a pending short trade. The GBP/USD has a pending short pivot trade. The pivot long trade was triggered today and was stopped out at a loss. There are no pending USD/CHF trades. There are no significant news announcements being release during tomorrow session. Therefore, there will be no mover’s... [Read the full story]
December 27, 2008 · Leave a Comment
For those of you that know me, you know that I like to trade inside bars. I believe that inside bars have an edge that can be traded to make money in the Forex market. Recently, I read an article about a setup that used inside bars. The setup looked for three higher highs, three higher closes, and then an inside bar to trigger a long trade. When trading to the down side the set was the opposite, looking for three lower lows, three lower closes, and an inside bar. We tested this idea on the day and four hour time frame. We... [Read the full story]
June 27, 2009 · Leave a Comment
This week was a little bit lighter as far as the overall number of major economic reports. Still, some nations had plenty of information to report, and there are definitely some developments worth noting. One of the biggest stories from Friday morning for the States was the stock market dropping, but it’s the reason that’s interesting. The reason was that recorded savings was at its highest level in 15 years. For the long term this is definitely a good sign of strength and of increased awareness about consumer... [Read the full story]
March 11, 2009 · 2 Comments
Our training webinars currently include a twelve part webinar series on Technical Analysis. This includes an intro to technical analysis, markets, market flow, charts and trends, confirmation, moving averages, bar chart patterns, point and figure, cycles, behavioral techniques, day trading, and system testing. Each training session is about an hour long. In the near future we will be adding a webinar series on Fundamental Analysis and System Development. To start your training just put in your name and email address below.... [Read the full story]
What do you think the EUR/USD will do next week? Close Up Close Down Close Even View Results Loading ... What do you think the USD/JPY will... [Read more]
Moving averages are one of the most basic and widely used series of indicators by technical analysts of the Forex market. Moving averages are used to confirm existing trends,... [Read more]