Forex Trading Signal Week #22 2010

1) Forex Trading Signal For GBPJPY Forex Trend Analysis Weekly Chart: Strong Bearish Daily Chart: Strong Bearish 4 Hourly Chart: Weak Bearish Hourly Chart: Consolidation Although the long term trend is bullish, the consolidation on the hourly chart and the weak bearish on the 4 hourly chart is a sign of either a retracement or [...]

Forex Trading Signal Week #21 2010

1) Forex Trading Signal For GBPJPY Forex Trend Analysis Weekly Chart: Strong Bearish Daily Chart: Strong Bearish 4 Hourly Chart: Weak Bearish Hourly Chart: Weak Bullish From the above trend analysis, it looks like the overall trend for this GBPJPY is DOWN and the weak bullish on the hourly chart could be a sign of [...]

Macd Technical Indicator Explained

If you have been reading my post, you will find that I have been talking about the power of a technical indicator known as MACD (Moving Average Convergence Divergence). One very important use of this indicator will be to avoid the forex traps that occur during trading. The reason why I love to use this [...]

Forex Trading Signal Week #20 2010

1) Forex Trading Signal for GBPJPY Forex Trend Analysis Weekly Chart: Strong Bearish Daily Chart: Strong Bearish 4 Hourly Chart: Strong Bearish Hourly Chart: Weak Bullish From the above analysis, it looks like the overall trend for the GBPJPY is bearish Forex Technical Analysis Weekly Chart The price continues to move within the channel and [...]

Forex Trading Signal Week #19 2010

1) Forex Trading Signal For GBPJPY Forex Trend Analysis Weekly Chart: Strong Bearish Daily Chart: Strong Bearish 4 Hourly Chart: Weak Bearish Hourly Chart: Weak Bearish From the above analysis, the trend for GBPJPY this week is DOWN Forex Technical Analysis Weekly Chart The price now is currently in a trend channel waiting for a [...]