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Many forex investors are uncomfortable trying to identify support and resistance levels on their own. They find themselves saying, "Well, support could be right here. On the other hand, it might be right here. Then again, it could be right here." [Pointing to different price levels each time] If...

These are good comments. I meant to answer most of them in the article but apparently I was not clear enough so here is another attempt. Corey: - There were 325 signals generated during that period. - I used a standard fixed risk formula to calculate expectancy. I did that because I was...

Stop losses are trade orders you set with your dealer that instruct your dealer to automatically take you out of a trade if the currency pair moves too far against you. Think of them as a saftey net for your trades. For instance, if you are long a currency pair, you can set a stop loss below the...

My favorite method for determining where to set stop losses is using support and resistance levels. Many investors consider this method of setting stop losses to be too arbitrary to be consistently implemented, but I think using support and resistance levels is much less arbitrary than some of...

Every night on the evening news (or all day long if you tune into a cable business news channel like CNBC or Fox Business), you will hear commentators talking about the Dow Jones Industrial Average either by its full name or one of its shorter nicknames---the Dow Jones 30 or the Dow. Somehow as...

A little while ago I wrote a series of articles about mechanically testing candlestick patterns in the forex. Because spot forex lacks gaps, a lot of traders ignore candles even though they can still be used productively. In this first test I set up some simple parameters and looked at what...

Technical analysis, like fundamental analysis is too broad to say that one method does or does not work. It is a matter of how it is applied in conjunction with appropriate risk control, diversification, money management etc. From that perspective, fibonacci analysis is one of the most useful...

Many questions about diversification and asset allocation are out there unanswered, and understanding them is vital to success. Here's an article and video explanation...

Here's a great article for beginners (and some intermediate traders) on proper fibonacci analysis: http://www.learningmarkets.com/index.php?option=com_content&view=article&id=337:fibonacci-analysis-part-one&catid=39:options-finding-trades&Itemid=148

What's your Sharpe ratio?

I also meant to mention that erratic position sizes can create the same effect. Brokers will tell you that a common denominator in traders who lose everything is inconsistent position sizes.

The ones mentioned above are good, and I've also found if you configure iGoogle right you can get the major stories right to your home page.

Yep, overleverage and volatility. This is a forex example, but here's a fascinating look at how leverage changes return: http://www.pfxglobal.com/building-a-forex-trading-system/determining-position-sizes.html

Does anyone know of a recent example where a double-top eventually became a head and shoulders? It's possible the EUR/USD could find a shoulder at it's present consolidation point and turn down. If you look at the monthly chart, it sure looks like it could be the start of one.

Today Lowe's (LOW) reported earnings with another quarterly drop in profits but a pop up in the stock's price... http://www.learningmarkets.com/index.php?option=com_content&view=article&id=336:lowes-and-analysts-estimates-part-one&catid=35:finding-trades-stocks&Itemid=142