I’ve been waiting to get an easier-to-install version of my GRaB candles and 34EMA Wave plug-in…and it’s finally here.
On the chart I use here at Chartology, you ‘ll notice that I have a particular set of moving averages and color-coded candles that help me identify the trend, momentum, and sentiment of the market. Market trends or phases is the first step of my trading approach which means that before I enter a trade I must determine the market’s psychology which is revealed by its movement.
There are two videos also available at the link to teach you more about how I analyze the markets using my 34EMA Wave and GRaB candles.
Watch my ForexAM show where I discuss my daily set ups at StockTwits.TV
*Forex trading is one of the riskiest forms of investment available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose.