Archive | July, 2010

Price First, Indicators Last

The basic information gleaned from a chart w/ no indicators is so undervalued by people today because they just don’t know better. When most people look at charts they have so many indicators and overlays on them that they don’t give themselves a chance to learn to actually see price pattern. Their so quick to [...]

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Daily Forex Report 7-28

Daily Forex Report for 7/28/10  Click the link below to view Jay’s Daily Forex Report for 7/28 where he covers the major currencies and the U.S. stock market. http://link.brightcove.com/services/player/bcpid86410614001?bctid=292390923001 Teresa Bell www.trading-u.com 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 [...]

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Daily Forex Report 7-27

Daily Forex Report for 7/27/10  Click the link below to view Jay’s Daily Forex Report for 7/27 where he covers the major currencies and the U.S. stock market. http://link.brightcove.com/services/player/bcpid86410614001?bctid=275367111001 Teresa Bell www.trading-u.com 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 [...]

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Are The Dog Day’s Really That Bad? …Yes

The core of our confidence in trading is a direct result of the back-tests from our methods. I remember telling my partners earlier in the year, after compiling an extensive back-test based on trend trading signals on the Daily charts with the Weekly confirming: “if we can eliminate trading from late June thru late August [...]

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Trade Management – Even more Important than Money Management

The market can do only three things once you are in trade: fail, go sideways, or follow thru in the direction of the trigger. A professional will have a modest loss on one of those circumstances, make a bit on the second, and bank on the third, for a net profit. A novice on the other hand will [...]

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USDCAD Prepped for Long Drive Higher

Following a monthly trend shift higher at the end of June, USDCAD looks to be in good shape to reverse the previous 1-3/4 bear market, after putting in a higher low this year in March on the yearly chart.  USDCAD Weekly chart pictured  Jay Norris is the author of  Mastering the Currency Market, McGraw-Hill, 2009 and a Trading Instructor at Trading-U.com. To [...]

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