Archive for July 9th, 2010
Learn Forex – Seeking Confluence when Trading Forex
Learn Forex / Forex Books (FXpath.com) – Following is an excerpt from my 2nd book, Essentials of Technical Analysis for Financial Markets (John Wiley & Sons, 2010), in which the important subject of seeking confluence in trading is discussed: “The vitally important concept of confluence within the realm of technical trading may mean different things to [...]
Forex Technical Analysis (2010/07/09) AUD/USD Further Upside Potential
(Please click on the forex chart thumbnail to enlarge) 7/09/2010 Forex Technical Analysis (FXpath.com) – AUD/USD, a 4-hour chart of which is shown, has reached and consolidated just under critical resistance around the key 0.8780 price region as of Friday (7/09/2010) morning. This currency pair has been strongly bullish for this entire week after bouncing up [...]
