Tag Archive | "forex techniques"

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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Double Tops & Bottoms

Thursday, November 25, 2010

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Double tops and double bottoms appear frequently in nearly every market and time frame and are great indicators of a potential trend reversal. I like this type of patterns as it offers a logical entry and exit point and often reaches the price objective quickly. As the name implies this pattern consists of two peaks [...]

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Outside Days

Monday, November 22, 2010

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Outside days can occur frequently on daily charts. The secret of the outside day is the bigger the better and it has more meaning if found at the end of a trend. They can be short lived and I always take my profit quickly. The outside day (OD) should completely encompass the previous day. It [...]

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