Friday, July 11, 2008
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.
Posted by FibMaster @ 07:04 AM PST [Link]