Sun, 27 May 2007 09:19:00 MDT
|
Written by FXbootcamp
The headline numbers were bad for the USD. There was no revision. Therefore, the dollar had little support and fell. The market moved quickly to the next level of resistance and stopped. A straight forward breakout trade.
Sun, 27 May 2007 09:16:24 MDT
|
Written by FXbootcamp
The market didn't react to PPI or Trade Balance news releases. We watched it sit in a 10 pip range for over two hours without a conservative/repeatable trade opportunity. Then BAMB! Reversals and breakouts with full currency correlation across the board. It seems that the market moved in anticipation to the G7 meeting this weekend.
Sun, 27 May 2007 09:10:34 MDT
|
Written by FXbootcamp
It was a fast moving forex market today. Such momentum will break forex reversal pivots, but give you great opportunities to use them as entry points. Fibonacci forex extensions were simply awesome, giving us a range of 161.8% to 261.8%. Happy Thanksgiving everyone! FOREX, forex, forex: Isn't forex great! Live FOREX training | Everyday!
Wed, 23 May 2007 14:57:09 MDT
|
Written by Louizos Alexander Louizos
In this tutorial you will learn how to correctly evaluate trends using forex candlestick charts. Always remember: candlesticks should be used in longer term time periods, preferably daily, in order to be more valid about the trend signals.
Wed, 23 May 2007 08:40:37 MDT
|
Written by Louizos Alexander Louizos
Great breakthroughs have surfaced with electronic trading and certain technical indicators are widely used. Nevertheless an affluent forex trader should be very skilled with trendline analysis in order to correctly predict Forex price movements.
Fri, 20 Apr 2007 14:35:41 MDT
|
Written by Lilly De Clerck
Trading currencies during key economic news releases is a growing trend that is taking place among forex day traders. Currency pairs that move 100 pips or more within seconds after a major news release, such as the non-farm payrolls makes news trading very attractive to short term traders,
Mon, 16 Apr 2007 13:39:30 MDT
|
Written by Kenny Gates
Primarily there are two types of forex trading systems, mechanical systems and discretionary systems. Which to choose? It's impossible to answer this question, there is no such a thing as "the right system", it all depends on your preferred style and personality.
Wed, 11 Apr 2007 20:49:27 MDT
|
Written by Aboutcurrency
Momentum oscillators react very quickly to short-term changes in price, flipping back and forth between overbought and oversold levels. Prices rise and fall moving markets from extreme to extreme within all timeframe's. Oscillators are useful in both ranging and trending currency markets.
Wed, 11 Apr 2007 13:55:29 MDT
|
Written by Aboutcurrency
Trend-confirming indicators help to confirm the new trend and are very helpful in avoiding false breakouts and whipsaws because they measure the strength of the trend. The most common trend-confirming indicators include Moving Average Convergence/Divergence (MACD) and Average Directional Index (ADX).
Courses & Tutorials. More to come..stay tuned and visit often!
