Started 1 year, 4 months ago (2008-09-08 22:37:00)
by Matt Russell
The inability to forget is far more devastating than the inability to remember.
Mark Twain
Started 1 year, 4 months ago (2008-08-26 12:24:00)
by Richard Krivo
Subject:
Setting Limits to Capture Profit
Students question:
In the first chart Daily for 6 months, I found that it is a downtrend and I drew a down trendline and in the other chart 15 minute I opened a selling position and I put the stop above the resistance line and the
limit order around double the stop. Is it good?
But I found in this case the trend still going ...
Started 1 year, 4 months ago (2008-08-26 13:18:00)
by Gregory McLeod
One way to increase the probability of making a successful trade is to look for the strongest trends and then trade in the direction of this dominant trend. In this way, we put the odds in our favor because as the old trading
adage goes, The trend is your friend until it bends. One such trend can be clearly seen by looking at a daily chart of the USD/JPY that has seen both a new 3 Week High, ...
Started 1 year, 8 months ago (2008-05-02 15:59:00)
by DailyFX Analyst
Written by Thomas Long, FX Power Course Instructor
With expectations of a USD trend change rising as we head into the summer of 2008, it might be a good time to look at what this event looks like on a chart.
The USD/CAD trend change of 2007 was a
classic example of what the daily chart looks like when the market moves from a strong uptrend to a strong downtrend. First of all, we ...