The Power of Technical Trading

I have this believe that News Trading was designed for 1-5mins day trading scalpers. Because it does not seem to have a place in the long term analysis of market movement. The GBPUSD chart we're looking at is a good illustration of the power of technical trading. CNBC or Bloomberg's analysis of the British or US economy will not change my current position except i see a technical breakdown.

Comments

Day Trading With Less Stress

I have never been a fan of day trading because of its very demanding nature. As someone with a full time job day trading just didn't appeal much. But all that is about to change as i have now found a very simple way to day trade without having to stir at the computer screen all day. Uploaded charts give a little insight into this amazing low risk strategy returning 1:4 on average.

Charting Edge!

In reality, the market is human nature and crowd psychology on daily display, plus the age-old law of supply and demand at work. Because these factors have remained the same over time, it is remarkable but true that chart patterns are just the same today as they were 50 years ago or 100 years ago. Few investors/traders know or understand this. It can be to your inspiring advantage.... William ONeil

AUDUSD: The Chart to Watch

A good chart is worth more than a thousand words APRIL 25th UPDATE Get ready to jump out of this trade as we continue to move closer to the Green line target. Best of Luck! MAY 13th UPDATE Right to the tick analysis guy. ...Do you know where the money is!

Inspired Charts

Search This Blog