– Part 1: Introduction to Basic Trendline Analysis

– Part 2: Introduction to Basic Pitchfork / Median-line Analysis

– Part 3: Introduction into Multi-Time Frame Analysis

– Webinar- Foundations of Technical Analysis: Trendline & Slope Analysis

– Webinar-Foundations of Technical Analysis: Identifying Confluences & Opening Ranges

See the methodology & tools utilized in training, Join Michael because of his Weekly Strategy Webinar on Monday mornings.

In this bi weekly webinars show on the Foundations of Technical Analysiswe discuss the method of constructing a simple trade arrangement. Within this sessionwe review how to add the utilization of Fibonacci & RSI inside our trading plan.

Fibonacci retracements might be described as a practical tool in pinpointing the place where a corrective pullback may detect support / immunity. This application is best utilised in scope scenarios or if price actions is trading over the limits of a specified low / lowcost. In trending niches or break out scenarios, Fibonacci extensions may endeavor the place where confirmed progress / reduction may experience support or immunity.

We reviewed with the Relative Strength Index (RSI) as a method of estimating when markets could be nearing points of fatigue. This widely miss-understood oscillator may also provide clues about the wider trend.

A review of the most recent AUD/JPY installment published earlier this month highlight a live instance of the way exactly we utilities such a investigation to interpret an idea in a qualitative trade.

  • AUD/JPY Testing Key Support as Risk Aversion Drives Yen

In another session we will discuss how to incorporate Appropriate risk control together with the notions we have been covering to Provide a more holistic trading approach. Go here to register for free!

Want more info on technical analysis and trading techniques? Have a look at our Free Forexnewstv Trading Guides!

–Written by Michael Boutros, Currency Strategist using Forexnewstv

Follow Michaelon Twitter @MBForex touch him in [email protected] or Click Here to be added to his own email distribution list.