This article is taken from the Forex Journal (April 2009 issue).
The author, Mark Whistler, is a professional trader, author and analyst. His books include The Swing Trader’s Bible (John Wiley & Sons, Inc. 2008), co-authored with Matt McCall, Trading Pairs (Wiley, 2004), Trade with Passion and Purpose (John Wiley & Sons, Inc. 2006), Profit from China (Investment U/Wiley, 2006) and Profit from Uranium (Investment U/Wiley, 2006). Mark’s newest book, Trading Forex Volatility (co-authored with John Taxiarchos) is scheduled for release in late April 2009.
From time to time, Mark can be seen on CNBC and is a regular weekly presenter on FXstreet.com, discussing currency trading and global markets.
He is a contributing Senior Market Strategist to TradingMarkets.com and is the founder of WallStreetRockStar.com, FX volatility.com and InstitutionalIndexResearch.com.
Whistler is also part of the Joint Venture fxWorldMarkets.com, which develops algorithmic currency trading solutions for institutions and retail traders globally.
Whistler also contributes educational articles to Investopedia.com, BabyPIPs.com and TradersChoiceFX.com.
Mr. Whistler founded and operates Eats for the Streets (a grassroots organization devoted to helping homeless across America) and the MarkWhistlerGallery.com (an Internet art space dedicated to providing an unbiased platform for emerging artists to display their works).
- It is no secret that retail traders struggle desperately and most often lose when it comes to trading the markets. Mark Whistler looks at reasons why “traditional” technical indicators that work on longer timeframes create so many problems for retail traders on shorter timeframes.
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