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The Dirty Dozen

Forex Chart Patterns Get You Nowhere

February 25, 2019 by VP

When we learn chart patterns in Forex for the first time, we’re damn near mesmerized.  For the first time ever, we could start to make sense of a price chart.   From this point forward, chart patterns had a grip on us.   This was not a good thing.   Wheeeeeeee!  Shapes!   Before we […]

Filed Under: The Dirty Dozen

Forex Trend Lines – Zero Good Reasons To Use Them

January 13, 2019 by VP

Time to upset the trend lines crowd.   The wiser ones of the bunch though, may just get the information they’ve always needed but never got.

Filed Under: The Dirty Dozen

Forex Fibonacci Strategy – Just Don’t Do It

November 7, 2018 by VP

Most Forex Fibonacci strategies sound good at the very beginning.   “Get in on the trend at a discounted price”   Well frick yeah, where can I do that?     “See, there are these repeating numbers that occur in nature.  By using these patterns, we can better decide where price is going to retrace […]

Filed Under: The Dirty Dozen Tagged With: fibonacci retracements, fibonacci strategy, forex fibonacci

STOP Using The RSI Indicator In Your Forex Trading

August 16, 2018 by VP

The RSI Indicator looked so easy when you first saw it.   It worked so well every time somebody else used it.   Then what happened when YOU went on to use it?  Did you get the same results?   There are many reasons why you did not.

Filed Under: Indicators, The Dirty Dozen

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