Forex Videos

Roger Scott in this video teaches you about Swing Trading Tactics that work in the real world. When I was visiting one of my favourite forums yesterday there was a heated discussion about technical indicators that work on paper and technical indicators that work in real world. When I do basic analysis I typically rely on two different indicators. I use a general indicator that will show me if markets are trending or choppy. Once I figure out the general market sentiment I then apply specific rules or indicators to time my entry or exit and profit targets.
One of the best example is a moving average indicator. Its based on past price data which is a lagging indicator and lags behind price. Once I find out the market sentiment I then use a specific set of rules to determine entry point, stoploss point and profit target level. The purest indicator is market price and swing trades are based on actual price movement. There is a great book that I recommend called Market Wizards. It talks about indicators and compares them to colored lenses. The same principles apply to trading. The best and most reliable indication of market action is market action itself. So next time you see my using bar charts its because I am using the purest indicators available and price has no delay or lag.