A blog that combines philosophy, psychology and technical analysis in regards to Forex trading
Wednesday, January 27, 2010
Narrowing price action
Ranges are getting quite small which is not unusual in advance of the FOMC interest rate decision. I can’t believe anyone really thinks the US will raise interest rates. My oh my, wouldn’t that cause some action if they did?
My name is Dianne Fecteau. I'm a recovered fundamental investor, having invested in stocks since I was a teenager. I now trade using technical analysis, mostly in the Forex market. I have a finance and information technology background and have also completed programs in such mind body programs as the Feldenkrais Method and QiGong. I am a Chartered Market Technician, having passed the three exams required to earn the CMT designation from the Market Technician Association. I am discouraged by how much misinformation is out there about trading and how so many "traders" seem to make their living from selling seminars. In this blog I want to show some of the trades I take and tell you why. I hope that it will be instructive and helpful to new and even more experienced traders.
No comments:
Post a Comment