Technical Analysis.

[skyonline7866]

if your analysis is correct then we will follow your analysis daily. i hope you give us good signal.
As expected, the EUR/USD couldn't break the major support level at 1.4100 for that the pair has rebounded on its support, it might resuming to 1.4400. With a 1.4415 minor resistance if won't break it easily then will know a range day between 1.4415 and 14215.

[WDholic]

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.

great strategy to follow..
hope this strategy make my trade more consistanly make profits..
good job Bro..

[budado]

If you don't know how to do technical analysis then one thing I'm sure you will have less chance of making profit and have greater chance of getting MC. Right now I'm trading good and trading well in forex. But its because some how I know how to do technical analysis and if ever I know more about technical analysis I'm sure my earnings will going to increase from 10% a month profit to more than 10% a month profit. This is my goal right now to have more profit each month.

[forexlearn]

In Forex market technical analysis is the best system. For this Without technique you can't gain for this you must be learn about technique so Forex trading analysis is two type one is fundamental and another is technical.

[skyonline7866]

If your tecnical analysis are welcome. if your analysis is correct then we will follow your analysis daily.Therefore, EUR/USD should be resuming the set of impulsive fall to 1.4030 as first target and continue towards 1.3970.
The best location for placing stop loss, if break in 1.4242 and close up the moving average (200).

---------- Post added at 06:50 PM ---------- Previous post was at 06:44 PM ----------

I wanted to ask you that to do this technical analysis indicator of what you used to know the probabilities.Therefore, EUR/USD should be resuming the set of impulsive fall to 1.4030 as first target and continue towards 1.3970.
The best location for placing stop loss, if break in 1.4242 and close up the moving average (200).

[creativeifx]

Forex technical analysis is useful in determining the future price movements of currencies. Forex technical analysis incorporates a broad range of methods. Support and resistance lines along with trend lines are evaluated on price chart software. Studies such as Fibonacci replacements and Elliot waves can be used to predict future events. Moving averages and custom indicators play a major role and Forex. and also Technical analysis is also needed when trader going to be place his trade.

[sammy]

i think among all the technical equipements, fib levels are the most reliable along with some MAs. because a large number of traders use them to trade which makes it self fulfilling support/resistance. i dont like indicators very much.

[oracle]

Today EURUSD for 28 September 2012 we get a Long bearish candle this occurs when prices open near the high and close lower, near the low. High point at 1.2959 and the lowest point at 1.2838 therefore we get a range uo to 121pips. now we wait if the price will close below the second support at 1.2834. Because 1.2834 is the 2nd support for this week.

[shakil7142]

Technical analysis is very important for every forex trader.It helps to know cannibalistic where to be moved.Sometimes,it is accruing is not wright way.I do't give any trade without technical analysis.

[oracle]

if I prefer to use a moving average indicator. and use the 1h timeframe. is more advantageous because it is easier. we are just waiting for the cross of the line to open a position.

yes i do use moving average too. 1st i prefer moving average 200 to use the breakout at the trend, then i usein other strategies moving average 50, 25, 12 when those moving averages are coressing from above then we have to put a positiong fr short selling if not then we have to set a long buying position. Of course we have to practising it on demo at least three or four month because really the MA is one of the best key for find good positions.