Forex Strategy 1: The Essentials in a Sentence

June 24, 2010 4 Comments

Structure — support or resistance — must compliment price pattern before a signal, and momentum must confirm after the signal.

Jay Norris is an instructor at www.trading-u.com and the author of Mastering the Currency Market

DISCLAIMER: Forex (off-exchange foreign currency futures and options or FX) trading involves substantial risk of loss and is not suitable for every investor. Risks include the potential that changing political/economic conditions may substantially affect the price/liquidity of a currency. Investors may lose all or more than their original investments.

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About Jay Norris

Jay Norris is Director of Education at Trading University, has over 30 years of trading experience, and is the best selling author of "Mastering The Currency Market", McGraw-Hill, 2009, and "Mastering Trade Selection and Management", McGraw-Hill, 2011. He has also been published multiple times in Technical Analysis of Stocks & Commodities magazine.
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4 Responses to “Forex Strategy 1: The Essentials in a Sentence”

  1. Mario Fernandes June 25, 2010 at 2:05 am

    In one word – Excellent

  2. Pin June 25, 2010 at 3:53 am

    can u give an example?

  3. Chris Ngara June 25, 2010 at 6:03 pm

    Words of wisdom, indeed. I say, “Amen”.

  4. Cooly June 27, 2010 at 4:49 pm

    This is step #1 in my plan.

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