Thursday, May 07, 2009

FX Anyone?

Continuing my shameless shilling for free e-magazines..... here's another one. Like the F&O Trader profiled Tuesday, just go online and sign up for a free subscription.
Not just for FX traders, there are frequently articles, systems and trading methodologies explored that are directly applicable to the equities markets, or, at the very least, should stimulate some tactical approaches for your own exploration and research.
Of particular interest to me in this issue was article on forecasting by Barbara Rockefeller which highlighted the use of both linear regression lines and linear regression channels. Those of you who've followed me for a while know that these are 2 of my favorite support/resistance forecasting tools and the article details some of the unique features of the LRs.
The article on intraday timing cycles is also of some interest, although keep in mind the FX markets are 24 hour off of several global exchanges. Nevertheless, the study does tickle a few ideas.

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