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![]() Mark Mc Donnell - ArticlesMark Mc Donnell is the lead trading plan writer for www.forexearlywarning.com, an inexpensive trading plans service available to all spot forex traders.
He has many years of experience trading stocks, equity options and the spot forex. He has spent the last four years of his career devoted solely in studying the movements of the spot forex, conducting trend analysis, and determining how this impacts retail level forex traders. Spot Forex Trading Part 5: the Forex HeatmapThe Forex Heatmap gives a spot forex trader an easy-to-interpret forex data visualization tool that organizes the data from 20 currency pairs into color-coded results for fast and accurate entry decisions. Spot Forex Trading Part 4: Multiple Timeframe Analysis for the Spot ForexMultiple time frame analysis (MTFA) is the inspection of trend indicators, starting with the largest trends and timeframes, and working backwards down through successively smaller timeframes to see how the smaller timeframes and trends feed the larger ones. When the smaller timeframes are in agreement with the larger trends you can enter a spot forex trade. If no trend exists the smaller timeframes and trends will, at some point, build a larger trends. Spot Forex Trading Part 3: Parallel and Inverse AnalysisVery few spot forex traders conduct any form of parallel and inverse analysis of the major pairs and exotics to determine the best way to trade the forex on a day-to-day basis. Even though it would be nearly impossible to trade the forex successfully not knowing where the overall strength and weakness was in the spot forex across multiple pairs. Spot Forex Trading Part 2: Effective Use of Price AlarmsThis article is Part 2 of a series of 9 articles dedicated to help anyone to trade the foreign exchange. Spot Forex Trading Part 1: Trading With the TrendThis article is Part 1 of a series of 9 articles dedicated to help anyone to trade the foreign
exchange.
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