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[Previous entry: "FibMaster FOREX chart update GBP/JPY"] [Main Index] [Next entry: "How low can it go?"]
07/11/2008 Entry: "Navigating conflicting signals"
If you trade FOREX, you know what it's like to be faced with conflicting signals. You might see a long trade, then once you enter, the chart starts telling you that it's going down! After a while your stop is hit, and the chart reverses again, giving you permission to kick yourself severely. A few simple techniques can help bring clarity to your charts. How do you analyze a chart when there are conflicting signals? A trader sent me that question recently, so I made a video lesson that explains my method of deciding which way a chart is moving, and where to enter and exit. Click here for the video lesson.
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