Aug 01, 2014
Timing Forex Reversals with Equal Waves (Part 2)
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.
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Aug 01, 2014
FX Reversals: GBPUSD Market Breakout
The GBPUSD has dropped to multi week lows. Even with disappointing NFP numbers, the pair remains in breakout territory.
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Jul 31, 2014
FX Reversals: USDJPY Breakout Update
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.
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Jul 31, 2014
Pivot Points for Risk Management
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!
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Jul 30, 2014
FX Reversals: EURCAD Range Reversal Update
Talking PointsPrice Hovers Near Range ResistanceRange Support Sits at 1.4533Price Above R4 Signals a BreakoutEURCAD 30min Chart(Created using FXCM’s Marketscope 2.0 charts) For the beginning of Wednesdays trading, the EURCAD remains locked between defined values of support and resistance.
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Jul 29, 2014
How to Use Alternating Waves in a Forex Strategy (Part 1)
A Forex strategy many traders use is a technical analysis strategy of comparing the length of two alternating waves.
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Jul 29, 2014
FX Reversals: USDollar Breaks Resistance
Talking PointsUSDollar Breaks to Highs Above R4Range Resistance Sits at 10,476Price Below R3Signals a False BreakoutUSDollar 30min Chart(Created using FXCM’s Marketscope 2.0 charts) The USDollar has opened the trading day stronger with an early morning breakout.
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Jul 28, 2014
Why Traders Lose Money & What You Can Do About It
This article takes a new approach to seeing why traders lose money and gives you a plan to try and reverse the losing traders experience.
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Jul 28, 2014
FX Reversals: Mondays EURUSD Reversal Range
Talking PointsEURUSD Hovers Near Central PivotRange Resistance Sits at 1.3445Price Below S4Signals a Trend ContinuationEURUSD 30min Chart(Created using FXCM’s Marketscope 2.0 charts) The EURUSD has opened the trading week within a 30 pip trading range.
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Jul 25, 2014
Forex Trading Tip: Trading a Currency Rather than a Pair
Forex trading involves pairing two currencies against each other. Create a currency basket which allows you to focus profits or losses to a single currency.
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