See these tools & methodology used in practice,
Join Michael for his
Weekly Strategy Webinar on Monday mornings
.
Foundation of Technical Analysis
: Building a Trading Strategy
–
Click here for the complete series and webinar archives
In this episode of our bi-weekly webinar on the Foundations of Technical Analysis, construct a complete trade setup from scratch. Starting with a broader outlook on price action and drilling down into the intraday targets is the basis of our approach. Review a step-by-step walkthrough of how we go about identifying trend, confluence regions / targets and trade opportunities within a given set.
New to Forex
? Get started with this
Free Beginners Guide
Topics Discussed:
- Construction of a complete trade setup
-
Multi-timeframe
(Weekly, Daily, Intraday)
- Mapping out levels on BOTH sides of the market
-
Identifying confluence regions of
slope
& key price levels
- Look for structure to both validate AND invalidate the near-term trend bias
-
Using
RSI
to identify shifts the momentum profile
-
Review basic concepts regarding
trading the t
urn
-
Review basic concepts regarding
pitchforks / median-line analysis
- Trading Q&A Session
Why does the average trader lose?
Avoid these Mistakes in your trading
Current Trade Setups
A review of the latest
AUD/USD
,
Gold
(XAU/
USD
) and Crude (USOil) setups published earlier this week highlight live examples of how we utilize our technical approach to translate an idea into an actionable trade.
-
Weekly Technical Perspective on the Australian Dollar (AUD/USD)
-
AUD/USD Technical Outlook: Trading the Aussie Price Recovery
-
XAU/USD Technical Outlook: Moment of Truth for Gold Prices
-
Weekly Technical Perspective on the Crude Oil Prices
Join us for the next Foundations of Technical Analysis Q&A webinar on Friday August 10th at 10am EDT-
Register Now!
Send requests on topics for upcoming Foundations of Technical Analysis webinars to
mboutros@.com
.
Want more information on technical analysis and trading strategies? Check out our
Free Trading Guides!
– Written by
Michael Boutros
, Currency Strategist with
Follow Michael on Twitter
@MBForex
or contact him at mboutros@.com
https://www..com/forex/technical/article/fx_technical_weekly/2018/07/05/Weekly-Technical-Perspective-on-the-Australian-Dollar-AUDUSD-Price-Outlook-Chart-Analysis.html?ref-author=Boutros
