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DailyFX Forex Trading Course Walkthrough: Part Seven 2021-03-06 19:00:00 James Stanley, Senior Strategist Forex Trading Course Walkthrough Talking Points: This is the seventh of a ten-part series in which we walk through articles from DailyFX Education. The aim of this series is simplicity while covering some of the more important aspects of the FX market along with traders’ strategies and approaches. If you would like to access the full suite of educational articles offered by DailyFX education, you can get started here: DailyFX Forex for Beginners Advertisement Technical analysis is basically just an examination of the past. There are two major items that can be gleaned from this examination, and they pertain to trends and support and resistance. This can allow a trader to see if there has been a trend in place and, if so, they can look for that trend to continue. This can allow for a bias of sorts, so that traders can approach a bullish m ....
Introduction to Pitchfork Analysis & Median Line Trading 2021-03-30 19:00:00 Michael Boutros, Strategist This piece focuses pitchfork analysis and median line trading, and reviews how parallels of these trendlines can be utilized to give structure to a market advance or decline. The objective of this methodology is to attempt to identify the gradient or slope of the market trend in order to zero-in on possible levels of support and resistance. We’ll start by exploring pitchforks and median lines in more detail followed by a deconstruction of a setup. This will illustrate how we formulate a given trade opportunity using pitchfork analysis and median lines. ....
DailyFX Forex Trading Course Walkthrough: Part Seven 2021-02-11 18:40:00 James Stanley, Senior Strategist Forex Trading Course Walkthrough Talking Points: This is the seventh of a ten-part series in which we walk through articles from DailyFX Education. The aim of this series is simplicity while covering some of the more important aspects of the FX market along with traders’ strategies and approaches. If you would like to access the full suite of educational articles offered by DailyFX education, you can get started here: DailyFX Forex for Beginners Advertisement Technical analysis is basically just an examination of the past. There are two major items that can be gleaned from this examination, and they pertain to trends and support and resistance. This can allow a trader to see if there has been a trend in place and, if so, they can look for that trend to continue. This can allow for a bias of sorts, so that traders can approach a bullish m ....