Archive for the 'Analysis-Technical' Category

After communicating with many news traders I found that all had a solid entry-buying at the moment of announcement, yet barley any had a solid or sensible exit strategy.  So I propose a “new” theory, use technical analysis (specifically fibonacci levels) to exit fundamental trades.  Here’s some charts to follow…

By: Greg


Submitted By: Paul Zozem
(c) Paul Zozem, http://zozem.com
Paul is an experienced trader who uses trend channel analysis and actually moderates the Forex Group on Myspace.  Here he shows us in a video how to create and use trend channels.