See these tools & methodology used in practice, Join Michael for his Weekly Strategy Webinar on Monday mornings .
In this episode of our bi-weekly webinars series on the Foundations of Technical Analysis, we discuss specific habits / behaviors we want to avoid in our day-to-day trading. While some of these concepts may seem obvious, it’s always important to reflect back to see if you’ve fallen victim to these pitfalls- Odds are, you have at one point or another.
New to Forex ? Get started with this Free Beginners Guide
Knowing your strategy, having a game-plan, and remaining discipline are the key elements every trader should always be mindful of. Alongside with these basic concepts we went over into more depth the significance of weekly / monthly / yearly opens and to how incorporate opening ranges as a simple way to assess trend. We also reviewed live setups on DXY , EURUSD , GBP/USD & USD/CAD that further exemplify some of the principles discussed today. Join us for the next Foundations of Technical Analysis Q&A webinar where we’ll discuss the intricacies of identifying and executing trade entries. Click here to register free!
Foundation of Technical Analysis Series
- Part 1: Introduction to Basic Trendline Analysis
- Part 2: Introduction to Basic Pitchfork / Median-line Analysis
- Part 3: Introduction to Multi-Time Frame Analysis
- Webinar- Foundations of Technical Analysis: Trendline & Slope Analysis
- Webinar- Foundations of Technical Analysis: Identifying Confluences & Opening Ranges
- Webinar- Foundations of Technical Analysis: Fibonacci & RSI
- Webinar- Foundations of Technical Analysis: M anaging Risk
Want more information on technical analysis and trading strategies? Check out our Free Trading Guides!
---Written by Michael Boutros, Currency Strategist with
Follow Michaelon Twitter @MBForex contact him at [email protected] or Clic k H ere to be added to his email distribution list.