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Category: Technical Analysis

link to How to Read a Forex Chart and 5 Ways to Enhance Analysis

How to Read a Forex Chart and 5 Ways to Enhance Analysis

Understanding how to read a Forex chart is essential for trading success.  A Forex chart is a powerful tool for analyzing currency price movements, helping you make informed...

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link to 2 Support and Resistance Tactics and 1 To Avoid (It Loses)

2 Support and Resistance Tactics and 1 To Avoid (It Loses)

Support and Resistance tactics are commonly discussed in the trading community, but what are the methods and rules leading to winning trades? Can you earn profits from trading breakouts and...

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link to Trading Breakouts: 4 Complementary Techniques for Success

Trading Breakouts: 4 Complementary Techniques for Success

Trading breakouts is crucial for making profits in complex Forex markets and taking advantage of lucrative opportunities. A breakout is when the price moves decisively beyond crucial support or...

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link to Trend Following in Forex: Strategies Capturing Major Moves

Trend Following in Forex: Strategies Capturing Major Moves

Trend following in Forex trading is a method that can help you profit from significant market movements.  By identifying the direction in which a currency pair moves, you can make informed...

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link to Five Single Indicator Forex Trading Strategies: Pros & Cons

Five Single Indicator Forex Trading Strategies: Pros & Cons

Single indicator Forex trading strategies involve using just one technical tool to guide trading decisions, prioritizing simplicity and focus in market analysis.  Each strategy uses a specific...

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link to MACD Strategies for Trading Forex (Do they Work?)

MACD Strategies for Trading Forex (Do they Work?)

The Moving Average Convergence Divergence (MACD) indicator is a technical indicator based on moving averages used in Forex trading. This indicator can determine trend direction, find reversals and...

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About

I'm Alan Posner, and I've been trading Forex since 2007. What I know is Position Forex trading is the best, most consistent way to earn money trading Forex. Join me on my journey, and I'll share with you what I've learned and what I see coming next in Forex.

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  • USDCAD Could Rally – If it can clear 1.3975May 27, 2025
    USDCAD is testing a long-term rising channel line, as shown on the chart below. This channel started at the beginning of 2024, and considering the news flow on Thursday and
  • DXY is Fragile near 100May 20, 2025
    This week’s selloff has a chance of validating last week’s Shooting Star candle. It’s only Tuesday, so there’s still much time left, but if the DXY does fall here, the
  • How to Read a Forex Chart and 5 Ways to Enhance AnalysisApril 3, 2025
    Understanding how to read a Forex chart is essential for trading success.  A Forex chart is a powerful tool for analyzing currency price movements, helping you make informed decisions.  Whether
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