http://financialmarketfisherman.com Fishing the Markets for Opportunity Wed, 20 Aug 2008 11:05:31 +0000 http://backend.userland.com/rss092 en From noon to noon on August 20 through August 27, you can have full, free access to Elliott Wave International's 24-hour-a-day forex forecasts inside EWI's Currency Specialty Service! Get Your Free Forecasts Now! Here's what you get FREE during the Currency Specialty Service FreeWeek from August 20-27: 1. 24-hour forecasts of EURUSD GBPUSD AUDUSD USDCHF USDJPY USDCAD ... http://financialmarketfisherman.com/2008/08/20/get-free-forex-forecasts-from-the-worlds-largest-market-forecasting-firm/ Your major focus in trading should be the softer side of trading, the business and psychological side of it; the harder side which relates more to the technical side is a secondary thought, however in this article I am combining the two because one of my favourite patterns is an ... http://financialmarketfisherman.com/2008/08/11/a-trading-pattern-for-the-impatient-or-time-sensitive-trader/ Candlesticks in trading have two main purposes; One is to tell the trader the open, low, high and closing price of that particular time period, and two, whether the close was higher (green bodied), or lower (red bodied) than the open. However they can alert the trained eye to pending reversals offering ... http://financialmarketfisherman.com/2008/06/26/using-candlesticks-to-signal-reversals/ Oscillators are great tools when used wisely. They offer many ways in which they can be used, divergence, over bought/over sold, crossovers to name a few. They can also be used to get a feel for the markets, whether trending or in a range. If a trader wants to use oscillators to ... http://financialmarketfisherman.com/2008/06/16/using-oscillators-to-get-a-feel-for-the-market/ During trending markets you will always have corrections. They are an inevitable part of a trend, and as such provide excellent trading opportunities. What’s more corrections can often appear as certain shapes and structures that can be seen quite easily to the trained eye, offering similar opportunities time and time again. One ... http://financialmarketfisherman.com/2008/06/16/the-a-b-c-pattern-a-great-opportunity/ If you are a chart pattern seeker, you may or may not have heard of the termination pattern called the ‘butterfly’. The butterfly pattern is so named because it displays what appears to be a left and a right wing. The pattern is a termination pattern, either signaling the end of ... http://financialmarketfisherman.com/2008/06/16/the-butterfly-a-termination-pattern/ Do you use the MACD or even moving average crossovers as a way to determine the overall trend in your analysis? One thing you may have come across in the past is that although these are great methods, they always produce drawdown periods for you when the market is correcting ... http://financialmarketfisherman.com/2008/06/11/using-macd-to-clip-the-trend/ There are quite a few uses for Bollinger Bands in trading and today we'll look at one of them: Divergence. Divergence is a common element of oscillating indicators such as stochastics, MACD and RSI to name a few, but the Bollinger Bands can display divergence too. When divergence takes place several things ... http://financialmarketfisherman.com/2008/06/05/using-bollinger-bands-to-signal-tops-or-bottoms-with-divergence/ Using trend lines is a great way to determine a trend, but if a trend line is broken, you can still use the trend line to give you a possible price projection area. On occassions the trend line will reflect a symmetry with price where the greatest distance price has travelled ... http://financialmarketfisherman.com/2008/06/05/using-trend-lines-to-project-prices/ The MACD Histogram is a great tool that can alert you to possible tops or bottoms. On occasions the MACD itself may be following the price nicely but the Histogram can be diverging, telling the trained eye to look out for a turn in price. The MACD Histogram is the difference between ... http://financialmarketfisherman.com/2008/06/01/macd-histogram-can-alert-you-to-tops-and-bottoms/