Keep It Simple Toolbox for FOREX

This toolbox is only an example of how to select a few basic tools for trading. Survey the field -- it is huge -- and pick wisely.

A technical analysis toolbox might include:Begin with the most basic items.
Refine them and add -- slowly.

Tip: Pick one as a primary method of analysis and use the others as filters to gradually zero in on a trade candidate.
By Michael Duane Archer
Michael Duane Archer has been an active futures and FOREX trader for more than 35 years. He has worked in various advisory capacities, notably as a commodity trading advisor, registered SEC investment advisor, and branch manager for Heinold of Hawaii. He currently trades FOREX and futures and is involved in several technical analysis research projects.

Copyrighted 2016. Content published with author's permission.

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