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Forex Behind Enemy Lines

 

Executive Summary: 

This Forex Trading blog post will test the Foreign Exchange Markets using Technical Analysis for Multiple Currency pairs, Support and Resistance and Chart Patterns as well as multiple time frame analysis. There will be a totally different approached used however and this post will really drill down to minor time frame analysis and beyond.

Strategy: …

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Helpful Hints:

 Share a Market Alert with the community. The Alerts should follow a repeatable Strategy and be more than a News Flash, hunch, rumour or Random guess or idea. Community members are encouraged to help each other and so for clarity try to explain what you are doing. Repeatable accurate methods with descriptions always make an interesting read. Community members are welcome to comment, ask questions or add to a post.

 

Helpful Hints

Use Early Warning Indicators or Early Pattern Recognition.

Forex Market analysis relies on two types of analysis much like Stock Markets:

Technical Forex Market Analysis views the data on a chart and considers that the News and Data is built into the Price already (economic, political, social, sentimental and psychological). Various tools and indicators will be used by technical traders, for instance MACD, Bollinger Bands, Moving Averages and more.

Fundamental Forex Market Analysis also uses indicators, for instance reports, Gross Domestic Production (GDP), Retail sales, Consumer spending, Industrial Production, Consumer Price Index, Commodities, Economic Calendars, Balance of Trade levels which could identify Trends between other Nations and more.