The Art of Keeping it Simple
Indicators can bring significant value to traders in their strategies and approaches. In this article, we discuss the concept of the simple yet effective moving average.
Indicators can bring significant value to traders in their strategies and approaches. In this article, we discuss the concept of the simple yet effective moving average.
Talking PointsEURUSD Starts Week In Trading RangeRange Resistance Sits at 1.3445Breakouts Signaled Under S4EURUSD 30min Chart(Created using FXCM’s Marketscope 2.0 charts) Despite Friday’s active trading session, the EURUSD has opened Monday into a new trading week relatively quiet.
Talking PointsEURUSD Starts Week In Trading RangeRange Resistance Sits at 1.3445Breakouts Signaled Under S4EURUSD 30min Chart(Created using FXCM’s Marketscope 2.0 charts) Despite Friday’s active trading session, the EURUSD has opened Monday into a new trading week relatively quiet.
Traders constantly use technical analysis and a variety of other tools to time reversals in forex. The equal wave pattern is one method of timing reversals which can be incorporated into other strategies of analysis, too.
Traders constantly use technical analysis and a variety of other tools to time reversals in forex. The equal wave pattern is one method of timing reversals which can be incorporated into other strategies of analysis, too.
The GBPUSD has dropped to multi week lows. Even with disappointing NFP numbers, the pair remains in breakout territory.
The GBPUSD has dropped to multi week lows. Even with disappointing NFP numbers, the pair remains in breakout territory.
Talking PointsUSDJPY Breaks to Monthly HighRange Resistance Sits at 103.07Price Above R4 Signals a Fresh Price BreakUSDJPY 30min Chart(Created using FXCM’s Marketscope 2.0 charts) After yesterday’s FOMC, the USDJPY was trading at monthly highs on USDollar strength.
Talking PointsUSDJPY Breaks to Monthly HighRange Resistance Sits at 103.07Price Above R4 Signals a Fresh Price BreakUSDJPY 30min Chart(Created using FXCM’s Marketscope 2.0 charts) After yesterday’s FOMC, the USDJPY was trading at monthly highs on USDollar strength.
Day traders need to have a concrete plan for managing risk in their trading plan. Today learn how to use pivot points for stop placement in your trading!