Foundations of Technical Analysis: Examining Near-term Price Action
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Foundation of Technical Analysis: Building a Trading Strategy– complete series and webinar archives
In this episode of our bi-weekly webinar on the Foundations of Technical Analysis, we discuss the intricacies of trade execution in the aftermath of today’s Non-Farm Payroll (NFP) report. As we’ve noted throughout the course of this series, having a trade bias is only half the game- identifying viable opportunities within a basic technical trade setups is based on a closer view of what near-term price action I saying.
- Trading Event Risk – Review of today’s EUR/USD post-NFP price action
- Identifying opportunities within the confines of a given trade setup
- Fade / Exhaustion trades
- Adjusting leverage / trade size based on the position (counter-trend vs trend)
- The multi-timeframe approach
- Q&A Session
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—Written by Michael Boutros, Currency Strategist with DailyFX
Published at Fri, 06 Apr 2018 16:25:00 +0000