How to Anticipate & Attack Currency Trends with Greg Michalowski

How to Anticipate & Attack Currency
Trends

Greg Michalowski
FXDD
Chief Currency Analyst
Website: www.fxdd.com
Blog: http//forex.fxdd.com

This Video is for informational purposes only. It is not intended as investment advice, or an offer or solicitation for the purchase or sale of any financial instrument. No
market data or other information is warranted or guaranteed by FX Direct Dealer, LLC or its subsidiaries and affiliates (collectively, FX Direct Dealer) as to its
completeness, accuracy, or fitness for a particular purpose, express or implied, and such market data and information are subject to change without notice.

All rights reserved, FXDD Inc. © 2010
www.fxdd.com/live copyright 2011
http://Forex.FXDD.com

http://Forex.fxdd.com

Disclaimer
High Risk Warning: All news, opinions, research, data, or other information contained within this
presentation are provided as general market commentary and do not constitute investment advice. FXDD
expressly disclaims any liability for any lost principal or profits without limitation which may arise directly
or indirectly from the use of or reliance on such information.

ADVISORY WARNING: FXDD provides sources of economic and market information during this broadcast as
an educational service to its clients and prospects. The opinions or recommendations expressed during
the broadcast are not intended as investment advice and are based on data reasonably believed to be
accurate at the time of publication. Clients and prospects are advised to carefully consider the opinions
and analysis offered in the context of your individual analysis and decision making. None of the statements
of opinions or recommendations are to be considered as constituting a track record. Past performance is
no guarantee of futures results and FXDD specifically advises clients and prospects to carefully review all
claims and representations made during the broadcast in light of your particular analysis, trading style and
objectives. All news, opinions, research, data, or other information contained within this website is
provided as general market commentary and does not constitute investment or trading advice. FXDD
expressly disclaims any liability for any lost principal or profits without limitation which may arise directly
or indirectly from the use of or reliance on such information. As with all such advisory services, past results
are never a guarantee of future results.


Anticipation is making me wait….but


…Good things happen to those who wait


Traders who anticipate something
happening in the market, can be
ready to attack when the time is
right


How can I possibly know something is
going to happen?


Think of


= ANTICIPATION


When a Narrow range
gets Narrower
100 day MA

When the
When there Moving
are an Average
It says to me
abundance of Flattens w/
“Start to
alternating little or no
Anticipate a
Trend” “Red” and SLOPE
“Green” bars

Chart courtesy of Bloomberg http://Forex.FXDD.com

Non Trending
Transitions
Into Trending
Trending
Transitions
Into Non Trending


If a Trader can identify a
NON TRENDING
market, they can start to
ANTICIPATE a potential
TREND market


If a trader can start to
ANTICIPATE a TRENDING
market, that trader is more
likely to
ATTACK the trend with
confidence, and
STAY on the Trend (unless the
market price tells you
otherwise)


Clues for Non-Trending
1. Moving averages moving
sideways (100 and 200 SMA)
2. Two Moving Averages
converge at the same price
with pair current price also at
the same level (Three’s a
Crowd)
3. Narrowing Ranges
4. Red and Green alternating
bars (generally)

•Traders (like Apple) can
ANTICIPATE a Trend and ATTACK
the Trend.
•Clues come from simple technical
tools and the price action.
• By being aware and
prepared, the smart trader can
sniff out the big trends.
•Use common sense, follow the
clues from the tools and you can
too.


To subscribe to Email distribution list: greg@fxdd.com
Twitter: gregmikefx
Blog at FXDD: http://forex.fxdd.com
Author: Attacking Currency Trends (Wiley, April 2011)


How to Anticipate & Attack Currency Trends with Greg Michalowski

How to Anticipate & Attack Currency Trends with Greg Michalowski

Recommandé

Recommandé

Contenu connexe

Dernier

Dernier (20)

En vedette

En vedette (20)

How to Anticipate & Attack Currency Trends with Greg Michalowski