Trading on Technical Analysis

Do you know much about technical analysis?

Can you tell your exponential moving averages from your MACDs?

At it's core, technical analysis is using chart patterns to predict future prices. By looking for specific movements in the trend you can pick a trade entry point and try to ride an up or down trend.

Of course, it's impossible to get it right every time which is why most traders will fit a tight stop in case the trend does not materialise.

Also, many traders will use an additional indicator to act as a confirmation. This way, although you may miss out on some opportunities, the ones that you do go for will have a higher chance of success.

I wrote a review on a new product by Dean Saunders called Forex Blade Strategies. In this book, he reveals to you his 3 most profitable trading strategies. Check out the review below to see if this book passed muster...

Forex Blade Strategies Review