Forex Moving Averages

Forex Moving Averages

In previous Article I explained how crucial support and resistance is to any type of trader. I showed you horizontal and diagonal support, trend lines and channels. Another form of support & resi...
forex correlation 2

Forex Correlation

Correlation is a measure of the similarity of two currency pair charts. If every time one chart moves up or down the other chart moves by a similar amount in the same direction we say that one chart ...
fibonacci retracement

Fibonacci Retracement

Fibonacci retracement in forex and other forms of trading using technical analysis. This is a fascinating subject. Leonardo Fibonacci was a 13th Century mathematician, considered by many scholars to ...
Avoid Losers Find Winners

Avoid Losers Find Winners

So far I have shown you how we use support & resistance for entries, stops and targets. However the primary goal as a trader as Warren Buffet famously said ” The first rule is not to lose. The se...
How To Plan A Forex Trade

How To Plan A Forex Trade

Successful, calculated planning is one of the key ingredients of becoming a successful forex trader. The ability to be able to coolly, dispassionately calculate where price is likely to go next (base...
forex live trading examble

Forex Live Trade Examples

In this article I show you how successful this simple strategy has been whilst I was recording this forex training course back in spring 2012. Since I went back to this basic, simple chart set up I h...
support and resistance

Support and Resistance part 2

In the previous article I showed you the basic principles of horizontal support & resistance. In this I show you how to use this key fx trading skill to find entries for potential winning trades ...
Trend Lines & Channels

Trend Lines and Channels

Thus far we have covered the subjects of horizontal and diagonal support & resistance. In this article I will show you some live examples of trends and channels. A channel is formed when an upper...
trendlines-example

Forex Trend Lines

Trading “with the trend” is the safest, most conservative way to buy or sell commodities, stocks or currencies. If price is clearly going in an upwards direction then it is said to be in an upwards t...
Support and Resistance  2

Support and Resistance

Support and resistance is THE most important feature of ALL for trading methods. Support simply refers to areas where price failed to break below because it was being supported in a specific area. Re...