BUY FXO Forum Shares
1316
Shares in the BANK:
We BuyWe Sell
$1.9202$1.9796
Page 1 of 4 1234 LastLast
Results 1 to 15 of 46

Thread: fx-Technical Analysis

  1. #1
    Bullish
    Join Date
    Aug 2007
    Posts
    93
    FXO Shares
    0
    FXO Bonus
    0.000
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default fx-Technical Analysis

    Technical Analysis
    Commonly used technical indicators:


    Moving averages
    RSI
    Fibonacci retracements
    Stochastics
    MACD
    Momentum
    Bollinger bands
    Pivot point
    Elliott Wave

  2. #2
    Bullish
    Join Date
    Aug 2007
    Posts
    81
    FXO Shares
    0
    FXO Bonus
    0.000
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    Great, They are basic that everybody should know.. toothy9

  3. #3
    In Profit
    Join Date
    Aug 2007
    Posts
    112
    FXO Shares
    0
    FXO Bonus
    0.000
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    i like stochastic and fibonacci retracement..It's really good indicators

  4. #4
    Bullish pkkmmm's Avatar
    Join Date
    Sep 2007
    Posts
    87
    FXO Shares
    0
    FXO Bonus
    0.000
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    basic indicators is good for everybody

  5. #5
    In Profit
    Join Date
    Sep 2007
    Posts
    114
    FXO Shares
    0
    FXO Bonus
    0.000
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    why there no more explanation
    i use pivot, MA & RSI
    i dont use EW coz donnu much
    Remember.
    Trading is not a sprint but a marathon. Compounding money is a powerful thing.
    Be patient and persistent
    Exercise discipline
    Always, Always use stops loss
    Protect your profits at all times.
    Accept your losses like a man. If you cant accept your losses you will become a nerverous trader.
    When in doubt stay out.

  6. #6
    Piplet
    Join Date
    Oct 2007
    Posts
    2
    FXO Shares
    0
    FXO Bonus
    0.000
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    Any body has Pivot calculator ware?

  7. #7
    Piplet
    Join Date
    Feb 2008
    Posts
    15
    FXO Shares
    0
    FXO Bonus
    0.000
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    I find Stochastics, fibonacci and RSI to be simple..

    they are basic and yet good indicators..

  8. #8
    Bullish
    Join Date
    Apr 2008
    Posts
    78
    FXO Shares
    0
    FXO Bonus
    0.000
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default At the beginning was indicator ;)

    At the beginnig every trader or investor should familiarize with basic set of indicators.

    Indicator Basics: How To Use Technical Indicators

    Most technical indicators highlight a particular aspect of price or volume behavior. Newcomers often attach mystical significance to their favorite indicators, but none are infallible. Technical indicators are great for stock-screening, but, if possible, base final decisions on the price chart.

    * Keep It Simple *

    Select a small number of indicators (2 or 3) and use them to confirm signals from each other.

    * Know Your Indicators *

    Study their behavior until you know them well. Indicators are like a carpenter's tools: skilled use can produce excellent results, unskilled use may lead to injury.

    * Use Contrasting Indicators *

    Select indicators that complement each other and are not based on the same data. For example, three indicators based on closing price will tend to confirm each other; while indicators based respectively on closing price, volume and trading range will often conflict and are therefore more reliable when they do confirm each other.

    * Trending & Ranging Markets *

    No one indicator is suited to all market conditions. Trend indicators lose money during a ranging market, as fluctuations in a narrow price range whipsaw traders in and out of positions. In a trending market, momentum oscillators give exit signals too early and should only be used to confirm trend indicators.

    * Trend Indicators *

    Use a trend indicator in a longer time frame than the cycle being traded (e.g. if trading the secondary cycle, use a 100-day exponential moving average to indicate the direction of the primary trend).

    * The Trend Is Your Friend *

    Only trade in the direction of the trend as signaled by the moving average.

  9. #9
    Bullish
    Join Date
    Apr 2008
    Posts
    52
    FXO Shares
    0
    FXO Bonus
    0.000
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    I am using PP, stoch, mcd, rsi, moving averages. I never used EW.. I don't know much about it too.

  10. #10
    In Profit forexdude's Avatar
    Join Date
    Feb 2009
    Posts
    104
    FXO Shares
    0
    FXO Bonus
    0.000
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    me too i donot use EW or bollinger bands

  11. #11
    Elder Analyst
    Join Date
    Mar 2012
    Posts
    669
    FXO Shares
    0
    FXO Bonus
    5.860
    Thanks
    0
    Thanked 3 Times in 3 Posts

    Default

    Quote Originally Posted by noor76 View Post
    Technical Analysis
    Commonly used technical indicators:


    Moving averages
    RSI
    Fibonacci retracements
    Stochastics
    MACD
    Momentum
    Bollinger bands
    Pivot point
    Elliott Wave
    using technical analysis is very useful for traders who do the indicators as a tool to analyze if the only indicator of price movements can be mastered and understood properly it can generate profits consistently and can minimize losses.

  12. #12
    Market Maker
    Join Date
    Feb 2012
    Location
    Port harcourt, Nigeria
    Posts
    1,046
    FXO Shares
    0
    FXO Bonus
    1.136
    Thanks
    3
    Thanked 31 Times in 31 Posts

    Default

    Technical analysis is not as simple as most traders think. Especially for newbies who don't know much about it

  13. #13
    Moderator cool user Resolve's Avatar
    Join Date
    Mar 2012
    Location
    India
    Posts
    24,034
    FXO Shares
    0
    FXO Bonus
    0.442
    Thanks
    5,204
    Thanked 2,265 Times in 1,309 Posts

    Default

    Quote Originally Posted by janknoah View Post
    Technical analysis is not as simple as most traders think. Especially for newbies who don't know much about it
    Technical Analysis is a lot of understanding and depth which is beyond the understanding of the newbie traders.

  14. #14
    Market Maker KingOfLeon's Avatar
    Join Date
    Mar 2012
    Location
    Asa Teu Kudu
    Posts
    1,607
    FXO Shares
    0
    FXO Bonus
    1.440
    Thanks
    59
    Thanked 33 Times in 31 Posts

    Default

    Quote Originally Posted by janknoah View Post
    Technical analysis is not as simple as most traders think. Especially for newbies who don't know much about it
    The most common mistake is only depends on technical analysis but they dont know what they really sees.

  15. #15
    Market Maker
    Join Date
    Feb 2012
    Location
    Port harcourt, Nigeria
    Posts
    1,046
    FXO Shares
    0
    FXO Bonus
    1.136
    Thanks
    3
    Thanked 31 Times in 31 Posts

    Default

    Forex technical analysis can't always give the desired result required to profit from the market. Though technical analysis still works normal in the absence of news

Page 1 of 4 1234 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Disclaimer
2005-2017 © FXOpen All rights reserved. Various trademarks held by their respective owners.

Risk Warning:: Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgment as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors.

FXOpen Markets Limited, a company duly registered in Nevis under the company No. C 42235. FXOpen is a member of The Financial Commission.

FXOpen AU Pty Ltd., a company authorised and regulated by the Australian Securities & Investments Commission (ASIC). AFSL 412871ABN 61 143 678 719.

FXOpen Ltd. a company registered in England and Wales under company number 07273392 and is authorised and regulated by the Financial Conduct Authority (previously, the Financial Services Authority) under FCA firm reference number 579202.

FXOpen does not provide services for United States residents.

Join us