See these tools & methodology used in practice, Join Michael for his Weekly Strategy Webinar on Monday mornings.

Foundation of Technical Analysis Series- Click here for the complete series and webinar archives

In this episode of our bi-weekly webinars series on the Foundations of Technical Analysis, we discuss & review live setups and examples of the core concepts we’ve covered over the last few months. Key opening-range breaks have put multiple setups in play this week and a methodical multi-timeframe breakdown adds further clarity to current price action.

Topics discussed include:

  • Opening Ranges, Weekly, Monthly, Daily
  • Multi-timeframe Analysis
  • Breakouts
  • Position Scaling
  • Examining Momentum (RSI)
  • Trading the “Turn”
  • Q&A Session

New to Forex? Get started with this Free Beginners Guide

A review of the latest NZDJPY, USDJPY, GBPUSD & DXY setups published earlier this week highlight live examples of how we utilize our technical approach to translate an idea into an actionable trade.

We also reviewed key technical levels and the weekly outlook for USDCAD, AUDUSD & NZDUSD that further exemplify some of the principles we’ve been covering in this series. 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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Want more information on technical analysis and trading strategies? Check out our Free DailyFX Trading Guides!

---Written by Michael Boutros, Currency Strategist with DailyFX

Follow Michaelon Twitter @MBForex contact him at mboutros@dailyfx.com or Click Here to be added to his email distribution list.