Technical Analysis.

[ennour222]

i think all jpy pairs there is speculation of intervention by Japanese Bank, so probably they are looking more attractive at this levels

[bdforum]

I really had so much trouble in the Forex trade it for the money. Then the business as well as a fun hobby and a lot of practice and patience to learn the English test is good technical Analysis for trade.

[Kool7651]

yes technical analysis is the best choice to analyse the forex market and its helps for trader efficiently and if anyone have good technical then please also tell me because i want to trade technically but do not have good trading plan.

[zhimi88]

thank you for sharing, good analysis. I also use the Fibonacci retracement to do the analysis. be clear about whether you are using Fibonacci levels on the images you add? it is seen that there are many levels to use

[razia86]

first of all thank you very much for sharing this technical analysis,,,i like it but i wanted to ask you that to do this technical analysis indicator of what you used to know the probabilities and the breakout is simply using fibonaci level or are there other indicators? thanks......

[ASMINI]

Welcome everybody.

Will start putting first article after 00:01 (June 27, 2011)


@denira

About breakout strategy: it's one of the best strategy had ever seen, but it so difficult and too complex. (Most important to find the trend power from Y = aX + b)

Breakout1 – Waits for a slowdown in volatility and then trades in the direction of the
subsequent breakout. It is very short-term in nature, uses fixed stop losses and profit
targets, and works best in fast-moving markets.



Breakout2 – A breakout strategy that looks to go long when a currency pair breaks above
its 24-hour trading range, short on a break below. Unlike a raw channel breakout strategy,

however, Breakout2 uses an SSI trend filter to confirm whether or not price is likely
to continue in the direction of the breakout. It opens a trade with five units
and staggers entries and exits according to a pair’s Average True Range.


Use Fibonacci in a RANGE trader (it is looks like the trend is falpping going up and down, if you sell or buy for a long term in this period you'll go sure for losing money.

Fibonacci retracement uses to determine accurate psychology level of support and resistance, and playing according to in this kind of period.

About Probabilities: There are alot of calculate to forecast, will be able to see some examples in the future.

Nice strategy my brother i think breakout strategy is powerful if we mix that with other indicator like RSI so that we can see the maximum level of retracement before we decide to order at the market..

[fforex]

technical aanlysis is one of the most effective method that we can use to analyse forex market but we can't also do without the fundamental analysis because sometimes the fundamental analysis might turn out to be too powerful and would override the result of the technical analysis.

[pregem]

As for me , I use the weekly and daily chart candles. On every week candle, if you want to buy take -20 pip away from the the high of the last weeks candle. if you are selling do the same down. Take profit= 30 pips.

[namonith]

Agree technical analysis is based on historical data of price movement. Based on an examination of past price movements the art of forecasting future price movement is called technical analysis. As we all knows history keep on repeating itself and for that reason it is worth to rely on technical analysis.

[fazee]

hm ap ke post sa ache knowledge mile technicla analysis k bara ma wasa ya NEWS bhe tehnical analysis ma ata ha ya nahe .