Archive for September 30th, 2010
Learn Forex – Andrews Pitchfork in Forex Trading
(Please click on the forex chart thumbnail to enlarge) Learn Forex (FXpath.com) – Andrew’s Pitchfork, as shown on the accompanying USD/CHF chart (4-hour timeframe), is a method for drawing unique parallel trend channels that can be applied readily to forex charts for trend trading and swing trading purposes. Also called “median line studies,” Andrew’s Pitchfork is [...]
Forex Trading Technical Analysis (2010/09/30) USD/CAD Waiting for Consolidation Breakout
(Please click on the forex chart thumbnail to enlarge) 9/30/2010 Forex Trading Technical Analysis (FXpath.com) – USD/CAD (a 4-hour chart of which is shown) as of Thursday (9/30/2010) has been entrenched within a tight sideways consolidation between the 1.0200 and 1.0350 price regions for the past two weeks. This occurs within the context of a longer-term sideways [...]
