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
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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.
- NZD/JPY Range Break Targets Fresh Monthly Lows
- Near-term Setups in USD/JPY, GBP/USD and Ethereum
- GBP/USD Consolidation Breakout Imminent
- U.S. Dollar Sell-off Targets Initial Support
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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---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.
