Author: Trading University

Tomorrow Jay Norris will be hosting a free webinar at 3:30 PM CST, where he introduces and demonstrates the use of his proprietory Directional Lines to identify and measure trends. He will demonstrate how this simple tactic is...

Daily Forex Report for 4/26/10  Click here to view Jay’s Daily Forex Report for 4/26 where he covers 13 live markets and talks about simplifying your approach...

By Jay Norris Learning to trade is like building a pyramid. The higher up you make it the less work it becomes as each level gets smaller and lighter. The first level, choosing a method, is the heaviest and hardest task given...

By Jay Norris GBPJPY is in a position now to shift its short-term trend on the Monthly chart higher for the first time since March 2009 — see Monthly chart Figure 1. With both its Weekly and Daily trends already higher, a shift...

Daily Forex Report for 4/22/10  Click here to view Jay’s Daily Forex Report for 4/22 where he covers 13 live markets and talks about individual psychology and market psychology. ...

By Jay Norris A dealer is different than a broker, though there are broker/dealers.  A dealer is who makes a market, which is to say they are responsible for maintaining the bid offer clients trade on, and to take the other side...

Daily Forex Report for 4/21/10  Click here to view Jay’s Daily Forex Report for 4/21 where he covers 13 live markets and talks about the importance of sticking to your Trading Plan. ...

Daily Forex Report for 4/20/10  Click here to view Jay’s Daily Forex Report for 4/20 where he covers 13 live markets and talks about the importance of tracking and understanding USDJPY. ...

EURUSD held the 66% retracement level of last week’s sharp rally today which means from a technical perspective the short-term trend on the daily chart is still higher.       A potential higher low is now in place on the daily...

By Jay Norris While EURUSD may be the most heavily traded currency, particularly among retail account holders, it is USDJPY in my experience which is the most influential currency pair. USDJPY proved this again today after it...