Category Archives: Technical Analysis

Forex technical analysis

What is the fuss about the forex killer software? Forex killer review…

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!There has been a lot of fuss on the internet about Andreas Kirchbergers’ forex killer software. Of the forex killer reviews on the internet, I have found ALL of them to be completely biased towards buying the software for […]

Free Forex Tutorial: Divergence in MACD and CCI forex trading…

Put very simply, my understanding of “divergence” in forex trading is that a momentum indicator such as CCI can show what is called “divergence” in that the momentum or strength in the direction of the trend has weakened despite that the price has made a new high or low. That is a long sentence but […]

Protected: Another triangle breakout this time “failed”…here’s some insight

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Protected: Forex blog readers here should be recognising these…

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Strange as it may sound, forex trading is an “inside job”

This post keeps getting deleted.
The essence was:
1) I made 13 pips
2) Buy Dirk Du Toits ebook from http://www.fasttrackforex.com/recommends/bwilc
Have a great weekend.

Another 10 points out of the market GBP/USD

I just used my proprietary chart setups to identify a lovely quick short GBP/USD trade for another 10 points today. I was in the market at 2.06125 and out at 2.05990 taking into account the spread of 3.5 pips making a 10 point gain.
Part of this trade was based on a really cool pattern you […]

GBP/USD long @ 2.0608

This is a beauty. Clasic pattern called a “Double Bottom” Only EXPERIENCED traders are able to spot this trade (and those in my forex program). I’m long in cable at 2.0608.These trades are virtually guaranteed every time.
More to follow. [Snapshots of before and after]…This is what makes forex trading some darn brilliant once you know […]

Mind change…dollar weakness favored…

Nice triangle breakout on 1 hour chart…intraday I favour technical analysis of 1 and 4 hourly charts, plus daily to get trend direction and current pattern identification. I use a 5 minute chart to trade off of, with my own proprietary systems on them, plus a 15 minute chart Woodies www.woodiescciclub.com Woodies CCI at default […]

Forex Charts Tell You Everything

Are you a technical analyst of the forex market or a fundamental analyst, or are you a bit of both?
I recently interviewed a highly successful trader of the US stock market who turned £11,000 into £137,000 over a few years.
His answer when I asked him, “so…are you a chartist then?” were an emphatic “yes, the […]

RE: Forex tips, wake-up calls, etc. from www.saxobank.com

 
 I highly recommend you visit http://saxobank.com/ and you find a way to join up to several of their ezines that relate to forex trading. This is part of my trading strategy and my style of trading. In earlier posts on this blog you can read about preparations for trading. I do agreee that the charts […]