The Forex Pro

Let’s start by understanding what the name of this indicator means, in order to understand how it is used. The Japanese term “Ichimoku” means “instant view’ or “one glance”, “Kinko” is the equivalent of “equilibrium” or “balance” and “Hyo” means “chart”. So, we can translate the full name “Ichimoku Kinko Hyo” to “Instant view of the balance chart” . This indicator was developed by Goichi Hosoda around 1969, and from that point forward Ichimoku Kinko Hyo has become a permanent feature in

This article is taken from the Forex Journal (April 2009 issue). The author, Mark Whistler , is a professional trader, author and analyst. His books include The Swing Trader’s Bible (John Wiley & Sons, Inc. 2008), co-authored with Matt McCall, Trading Pairs (Wiley, 2004), Trade with Passion and Purpose (John Wiley & Sons, Inc. 2006), Profit from China (Investment U/Wiley, 2006) and Profit from Uranium (Investment U/Wiley, 2006). Mark’s newest book, Trading Forex Volatility (co-authored

This article is taken from the Forex Journal (April 2009 issue). The author, Franco Shao , has rich experience in the industry. As a trader, he has been engaged in the financial markets for over 10 years. Recently, he has been paying more attention to managing his website in addition to Foreign Exchange trading. Franco has written some articles presenting his opinions about the trends, estimation and analysis of the financial markets and Foreign Exchange trading. He is keenly interested in

This article is taken from the Trader’s Journal magazine (April 2009 issue) The author, Don Dawson , is Online Trading Academy Commodity Futures Instructor. Don Dawson shows how to use the double top and double bottom chart pattern in trading. He also describes how to include Bollinger Band analysis to enhance the trading opportunity.

This article is taken from the Forex Journal (March 2009 issue). The author, Franco Shao , is founder of ForexCycle.com, a website that focuses on market trends and data analysis of the financial markets, especially for foreign exchange trading. It was established in year 2005. Franco has rich experience in the industry. As a trader, Franco has been engaged in the financial markets for over 10 years. Recently, he has been paying more attention to his website management and foreign exchange

This article is taken from the Trader’s Journal magazine (March 2009 issue) The author, Don Dawson , is the Online Trading Academy Commodity Futures Instructor. Today, there literally are hundreds of technical studies. For this reason, some of the more traditional studies are starting to work again. Doug Dawson outlines the benefits of using Pivot Point analysis to trade the markets.

This article is taken from the Trader’s Journal magazine (March 2009 issue) The author, Gabe Velazquez , is a professional trader with 14 years of experience. His focus is intra-day and swing trading the TF (Russell 2000 E-Mini) using technical analysis as his primary tool. Gabe has managed stocks and futures accounts and has conducted educational seminars on technical analysis for the past ten years. He is a frequent guest on Biz radio, where he shares his market knowledge and utilization of

This article has been born with the help of the Investija.com customers and visitors. Popularity of the candlesticks is huge, for that reason an amount of questions about it is understandably big. All the questions have a tendency to clarify which candlestick pattern works most. I decided to write an article about my understanding about candlestick charting and give my view about practical approach to candlestick charting. Japanese candlesticks took a major place in technical analysis and

A channel is a figure of high reliability, formed by two parallel trend lines at its borders. One connects the price highs, the other the price lows, and in between, there is a zone where the price tends to stay until it breaks. Both trend lines, upper and lower, act as support and resistance. Figure for itself shows the market trend. There are different kinds of channels, but they mostly work the same way. Let’s see a practical example of each one: Horizontal Channel: It can be find either in

In currency trading, many retail traders can lose fortunes, before ever even hearing about VWAP and TWAP. It’s proclaimed ‘hi-tech’ at home traders can seemingly miss major institutional benchmarks like I have just mentioned. Clearly, the simple fact that so many retail traders have no clue about VWAP, simply proves suc within the hands of those controlling the bulk of the order flow. VWAP (Volume Weighted Average Price is really the average price over an average period of time, weighted for