View Single Post
  #2 (permalink)  
Old 06-03-2008, 10:47 AM
David Waring's Avatar
David Waring David Waring is online now
Administrator
 
Join Date: Nov 2007
Location: Miami, FL
Posts: 3,255
Default

Hi Houssam,

Thanks for your comments and welcome to the community. I have answered your questions below in the order received:

Quote:
well first of all like any other educational forex web sites all of them teach in the past why don't you teach also in present i mean like you say that this is a range market ,this is a trend market , this is a good entry point this is a bad entry point i haven't seen any site that teach us how to figure this in the future
You are correct that I do not normally do real time analysis of the market. The main reason for this is that I am limited to the amount of resources that I can put into creating my content. With this in mind, when I put out a video that shows traders how to analyze the market using past data, this content remains relavent forever. When I put out content showing people how to analyze today's market, that content is only relavent for today.

There are others whose content we publish on InformedTrades who put out lots of real time analysis on the market however including each of the below producers:

Live with Oscar

Inthemoneystocks

For more realtime analysis please visit the archive section of the site which you can find here.

Quote:
okay now this is one thing and there is the spike thing when you wxpert traders teach us you just note to the good trades and hardly mention the spikes i mean like the moving average technique it crosses over 10 times aday in short time frames and many of them are spike about 6 spikes out of 10 you don't teach how to avoid you tell us to combine it with other indicators why don't you put a video lessons to show us how to lower the times that we might face spikes in them...
My technique as I think my videos outline is to start with multi trimeframe analysis to get an overview of the direction of the market on both short and long time frames, and then to look at the indicators to see what they are telling me about the market. Then I look for chart patterns and things like break of trendlines as well as support and resistance levels on the different time frames.

When multiple things such as the above line up then I will take a trade. Often times I will be wrong but what I am trying to do is increase the chances that I will be right. I am not sure what else I can say about that which I have not already said in the basics of trading course.

Hope that helps.

Best Regards,
Dave
Reply With Quote