Foundations of Technical Analysis: Trade Execution
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In this episode of our bi-weekly webinars series on the Foundations of Technical Analysis, we discuss the intricacies of trade execution. Having a trade bias is only half the game – knowing how and when to execute your entries / exits are crucial to achieving a more well-rounded strategy.
Topics discussed include:
- Identifying Entries / Exits
- Timing – Understanding an effectively utilizing the concept of opening ranges
- Examining price action around trendlines- Time Spent vs. Times Tested
- Ascertaining Exhaustion / Pullback Plays
- Scaling out of a Position
We also reviewed live setups on USDCHF, AUDUSD, USDCAD & USDJPY, Bitcoin & Ethereum that further exemplify some of the principles discussed today. Join us for the next Foundations of Technical Analysis Q&A webinar where we’ll take the entire session to answer your questions on trading. Click here to register free!
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Foundation of Technical Analysis Series
- Part 1: Introduction to Basic Trendline Analysis
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---Written by Michael Boutros, Currency Strategist with DailyFX
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.