Mike McMahon – Technical Analysis 3 for the Prefessional Forex Trader

Mike McMahon - Technical Analysis 3 for the Prefessional Forex Trader

  • Interpret Technical Indication like a Pro
  • Understand the differences between the Oscillators and when (and when not) to use them
  • Determine "probability" with Linear Regression and ATR, Learn to see Sentiment shifts with CCI and ROC
  • See it done "live" real time video's embedded - work the Hard Right Edge right along with the Instructor
  • Learn to over come the TA Traps of the "Holy Grail syndrome" and the "Paralysis from Analysis" disease. This is a practical, useful way to learn and use these very important tools.
Learn the Technical Indication Secrets the Pros Use - Part 3 Technical Analysis offers many insights into how the market works. You will benefit greatly from a good foundation in each type of insight and, perhaps, a specialty in one or two. This course is designed to teach you classic Technical Analysis & form a rock solid decision support program, the foundation for everyone when it comes to trading. In this continuing series of Technical Analysis the focus shifts to the mathematical derivative

Price: $ 34.95

Find More Learn Forex Trading Online Products

EUR/USD recovery capped at 1.2540

FXStreet (Edinburgh) – After hitting fresh ytd lows in the 1.2480 area, EUR/USD attempted a rebound, although the bullish attempt seems to have found tough resistance around 1.2540 so far.

EUR/USD punished by the USD

The FOMC meeting was the spark the greenback was looking for. A re-emergence of the US dollar wiped out the pair’s advance from the vicinity of 1.2600 last week to the boundaries of the 1.2800 handle pre-Fed on Wednesday. In addition, today’s decision by the BoJ boosted the greenback even further, accentuating EUR’s pullback to more than 2-year lows. Looking ahead, the final figures from the manufacturing PMIs in the euro bloc are due on Monday, followed by the manufacturing PMI tracked by Markit and the ISM Manufacturing across the pond.

EUR/USD key levels

The pair is now losing 0.62% at 1.2534 and a breach of 1.2485 (low Oct.31) would open the door to 1.2465 (low Aug.28) and then 1.2431 (low Aug22). On the upside, the initial hurdle aligns at 1.2617 (high Oct.31) ahead of 1.2639 (high Oct.30) and then 1.2688 (21-d MA).
For more information, read our latest forex news.
FXstreet.com: Latest News

Bringing Together Information on How To Build Your Wealth Through Forex Trading