Monday, March 22nd, 2010
Welcome to January’s Futures Masters - Interviews with Futex Academy’s elite traders. This month, Senior Futex Trader Gabriele Gandini lifts the lid on his personal approach to trading. Gabriele has been a trader at Futex since 2007 and currently trades Dax and Crude Oil. (more...)
463 | posted at March 22nd, 2010 in Futures Masters - Interviews with Futex Academy's elite traders, Inbox Education | Tags: Crude Oil, Dax, equities, indicators, market profile, profits, support and resistance, ticks, time frame, trend lines
Monday, March 22nd, 2010
The cornerstone of technical analysis amongst the professionals on our trading floor is the effective identification and utilisation of support and resistance. It is easy for novice traders to get sidetracked by the plethora of tools, indicators and studies that exist within the field of technical analysis and to overlook the basic, essential and ultimately profitable principles. However, if a trader is able to consistently identify where the market will find support or resistance and how significant the market’s reaction to the price level will be, then he will be able to make effective, profitable trading decisions. (more...)
461 | posted at March 22nd, 2010 in Inbox Education, Technical Analysis | Tags: bear market, bull market, direction, indicators, prices, reversal, studies, tools, trend