Tag Archive | "Forex indicators"

Parabolic Trading System

Monday, January 3, 2011

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This particular technique has been around a long time and is still widely used by many analysts because of its adaptability to most markets. History The parabolic time/price system was first introduced by J. Welles Wilder Jr. in his book ‘New Concepts In Technical Trading Systems’. It is very often referred to as the SAR [...]

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PYRAMIDING WITH THE TREND

Thursday, December 16, 2010

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We’re short 1 contract from a few days after the top This is a good place to add a contract as this market is in a strong downtrend mode HOW TO TELL A STRONG TREND Bean Oil is in a strong downtrend mode. The Directional Movement indicator shows this clearly. The green line ( minus [...]

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Why does technical analysis work?

Saturday, December 11, 2010

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Technical analysis describes different ways of predicting the future of the stock/futures market based on its history. Unfortunately, technical analysis is not an exact science. Many prominent scientists label it as “voodoo science”. They claim that due to market efficiency, if you use TA to find your entry positions, you’re no better off than someone [...]

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