Day by Day, hourly analysis of EUR/JPY currency cross on the foreign currency market (FOREX). Sell and Buy signals on a technical basis Use signals at your own discretion.

Friday, October 1, 2010

Question on Material Comprehension


It has come to my attention that many find their way to this blog are less than versed on technical charting, whether it be equities, commodities or currencies. This weekend, I'm going to post a introductory "course" to fast-track the neophytes on the relatively simple technical analysis studies I've been applying to my EUR/JPY charts. I'll try to link most of my MT4 indicators/experts and templates.

*Special Note*

I'm in the process of automating certain aspects of my trading method to simplify entries (BUT NOT EXITS). The hardest part of trading is making clean entries when the "time is right." Supervising the trade, "pruning", etc. is best done with a set of human eyes to gauge when to get out of a trade. I'll keep everyone updated on my progress in addition to my regular trade/trend postings!

Thank you everyone for your continued comments and support!

29 comments:

  1. I'd really appreciate such an introductory course.

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  2. lol i like the blog name

    cool post..

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  3. I do not think that currency trading is a particularly wise idea. People swear by their technical methods yet when you examine them it looks more like a guessing game that is supposedly sound.

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  4. I'm into the technical stuff though.

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  5. you know I thought the same exact thing a week ago

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  6. that would be really helpful!

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  8. @Needlesstosay

    I agree! Although this is something that would be useful to know, and would make me feel smart to talk about!

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  9. i dont even know what kind of world were living in

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  10. Nice update, waiting for moar ;)

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  11. I'm not understanding this stuff. Could you maybe post some tutorials or basics? I hope that you can cater to those who aren't seasoned trading pros.

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  12. awesome, ill be looking forward to it

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  13. first time on this blog but your welcome lol
    also remove captcha

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  14. Thx, i've never really understood economics. It's a pretty big concept for me

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  15. Keep up this excellent information.

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  16. The Rising Yen. Awesome. Good post also, I never really did understand how it worked.

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  17. I'll be honest all this goes way over my head but sounds interesting stuff, itll come in handy in the future

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