Posts Tagged ‘Chart’

Mar
17/11
Forex Technical Analysis
Last Updated on Thursday, 17 March 2011 11:14
Written by Ross Mullins
Thursday, March 17th, 2011

Ross

Potential long term technical setup has begun to take shape on the USDCAD. It is no secret that the trend for the USDCAD has been down for quite a while. Recently it has tested support into the mid .9600′s and has rebounded back into the .9800′s. This rebound has been challenging the daily trend line and gives us the first clue that the trend just might be changing.

Click on image to enlarge

 

 Along with the challenge of the trend line comes the break of former support in the .9850 area. As you can see from the chart example, the break of the (more…)

Mar
09/09
EUR/USD FX PMTP Alert March 10th from Britt Maras
Last Updated on Monday, 9 March 2009 09:08
Written by britt maras
Monday, March 9th, 2009

My Primary Movement Timing Program issues two Alerts for Tuesday March 10th at:

1:00 a.m. ET for 3.5 hours duration, with moderate productivity (technical price action)

7:00 a.m. ET for 5.5 hours duration with strong productivity

The Primary Movement Timing Program (PMTP) is a method of calculation that attempts to predict when the eur/usd should experience the most liquid and more effective technical price action according to the chart technical structure.

I am a price action trader. I do not use moving averages, stochastics or macd or other traditional and conventional technical indicators widely used. I measure price action based on history with furture expected performance based on counting fractals. If you need an understanding for fractals feel free to make a search on ‘fractals‘ at google or any search provider.

The PMTP program is very effective and highly accurate. I define when a trader needs to tune into the screen to focus on making productive and efficient trade entries. The time listed is the start time. Start times are usually +/- 10/20 minutes or less. I state the duration of the signal which starts from the time listed and I estimate the strength of the price action expected as low, moderate or strong.

The objective and value of this program is to help traders focus on trading when conditions are best to trade according to the parameters of the program.

Britt Maras

Senior Currency Strategist

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