independeceday32's Blog

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Accion del precio, patron doble suelo o doble techo

Este mes he escrito un articulo muy interesante sobre uno de los patrones de acción del precio mas utilizados en forex y que da muy buenos resultados , si os interesa el tema aquí tenéis el link para leer el articulo .
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TECHNICAL INDICATORS VS PRICE ACTION

WHICH WORKS BEST IN FOREX?
In forex,there are plenty of ways to do trading,and would be impossible to name them all here,but we can,broadly, define two basic ways to do trading,the first would do trading basing our strategy on technical indicators and the second would be to base our esstrategy on price action.
I guess everyone has their own answer to this question, I wrote an article about this question,
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Convallium avatar

wonderful post! you are  a good trader!

independeceday32 avatar

thanks inna , I still have much to learn !!!!

jezz avatar
jezz 9 avr

we'll continue our exchanges of opinions...

independeceday32 avatar

)))....if we had the same opinion this would not be funny !!!,I learn something more about the bollinger bands and your about price action ))))

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Price action, perfect example of triangle symmetric GBP/USD

Technical analysis is used to identify patterns of behavior of the markets that have been recognized as significant. For many given patterns there is a high probability of occurring the expected results.They are also recognized patterns that repeat in a consistent manner.
It consists in the projection of future trends based on past trends and guidelines that have been in the graphics market.
One of the patterns of the technical analysis that trust give me are triangles, and this week in the GBP/…
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USD-JPY price action patterns

USD-JPY has been rejected twice in the SMA 200 hours, leaving two patterns of the price action to enter long, if it confirms this second pattern and holds on the average, the more likely that go back to top at 102,80.
At 15:00 GMT, the confidence of the consumer data will be more important for today
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independeceday32 avatar

the pattern was not confirmed and the sma 200 hours can not stand, we go south

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