As an instructor at Online Trading Academy and a trader, I am very familiar with many technical analysis tools. I further demonstrated my technical analysis knowledge by attaining the Chartered Market Technician designation. However, when it comes down to trading and profiting from market moves in any market, I always rely on the basic tools of supply and demand.
Many students claim that I trade differently than other instructors due to the fact that I use technical tools like the CCI or the MACD to base my decisions. This couldn’t be further from the truth. I use the indicators as odds enhancers, additional signals to improve my odds of a correct trade, not for the decision to enter itself.
Those of you… Continue Reading