Archive for July 7th, 2010
Learn Forex – Using Technical Analysis to Manage Forex Risk
Learn Forex (FXpath.com) – When trading the forex market, risk management using technical analysis is both logical and straightforward. By using technical analysis to help dictate such risk management elements as stop losses, a forex trader is allowing the market’s price action to determine when to cut losses. This is much more reasonable than setting stop losses merely [...]
Forex Technical Analysis (2010/07/07) USD/CHF Plummets Further
(Please click on the forex chart thumbnail to enlarge) 7/07/2010 Forex Technical Analysis (FXpath.com) – USD/CHF, a 4-hour chart of which is shown, is quickly descending to approach strong support in the key 1.0500 price region as of Wednesday (7/07/2010), establishing a new 12-week low in the process. As evident on the chart, this currency [...]
