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Candlestick Chart On Forex
2008-04-13 18:18:00 Candlestick charts show the same information as a bar chart, but in a prettier, graphic format. Candlestick bars still indicate the high-to-low range with a vertical line. However, in candlestick charting, the larger block in the middle indicates the range between the opening and closing prices. Traditionally, if the block in the middle is filled or colored in, then the currency closed lower than it opened.Simple Patterns There are multiple forms of candlestick chart patterns, with the simplest depicted at right. Here is a quick overview of their names: White candlestick - signals uptrend movement (those occur in different lengths; the longer the body, the more significant the price increase)Black candlestick - signals downtrend movement (those occur in different lengths; the longer the body, the more significant the price decrease)Long lower shadow - bullish signal (the lower wick must be at least the body's size; the longer the lower wick, the more reliable the signal)Long upper... More About: Forex , Chart
Hedging Forex Strategy
2008-04-13 17:37:00 Currency hedging refers to a strategy that strives to minimize the exposure to exchange rate fluctuations, thereby minimizing the uncertainty of future transactions denominated in a foreign currency and providing some stability to earnings and cash flow. This is typically accomplished through the use of options or futures contracts. Forward contracts can also be used to hedge currency risk. However, while forward contracts are superior to futures in terms of their overall risk reduction, there is no central market for forward contracts, which contributes to higher transaction costs and lower liquidity, as well as counterparty risk (i.e. the risk that the contract will not be honoured at expiration). When a business chooses to hedge its exposure to foreign currency, the objective is to minimize uncertainty, not to maximize profit from currency speculation. A hedged position will therefore not produce the benefit of a favourable exchange rate movement, but at the same time will no... More About: Strategy , Forex , Hedging
Why Forex Broker using MT4 (metatrader 4) as platform?
2008-04-13 09:57:00 MetaTrader 4is an online trading platform designed for financial institutions dealing with Forex , CFD, and Futures markets. The platform includes all necessary components for brokerage services via internet including the back office and dealing desk.Currently, over 100 brokerage companies and banks worldwide have chosen our solution to meet their high standards of business performance. since Mt4 platformThis application provides a professional online trading terminal for institutions such as FOREX, CFD?S, Futures and Stocks. It allows you to monitor the markets and its trends automatically using the advanced charting options. It has powerful tools which would help you in planning your own strategies through the Expert Advisors. The tool helps keep track of all updations in the market without the need for constant monitoring. It is extremely useful to trading in brokerage firms, banks and financial institutions. You can write customized indicators to suit your requireme... More About: Broker , Platform
Forex broker that using e-gold, liberty reserve,webmoney, and ebullion as d
2008-04-12 08:06:00 Reason why using forex broker that enabled e-gold, liberty reserve, webmoney and other digital currency is because it's easier. we can deposit to them instantly and they process the payment faster than using wire transfer or credit card. nowdays alot forex broker offer digital currencies as deposit and witdrawal method. in the future i believe more and more broker using digital currencies as deposit and withdrawal :)for reference list of forex broker using DGC's as deposit/withdrawal. you can visit herehttp://www.ibforexindo.com/search/lab el/Forex %20Broker More About: Gold , Liberty , E-gold
My New Forex Blog
2008-04-12 07:32:00 Hi all, Just finished my new forex blog. you can visit there for more reference about forex broker :)http://www.ibforexindo.com/ More About: Forex , Blog
Fibonacci Trading Calculator
2008-03-27 22:23:00 Leonardo Pisano, better known by his nickname, Fibonacci , was an Italian mathematician born in Pisa in the 12th century. He is known to have discovered the Fibonacci numbers, said to be based upon observations of the Great Pyramid of Gizeh in Egypt. Fibonacci Numbers are a sequence of numbers where each successive number is the sum of the two previous numbers.e.g. 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, etc.It is the ratio of the Fibonacci sequence that is significant, rather than the actual numbers in the sequence. The quotient of the adjacent terms in the series possesses an amazing proportion, roughly 1.618, or its inverse 0.618. This proportion is known by many names: the golden ratio, the golden mean, PHI, and the divine proportion. The dimensional properties that adhere to the ratio of 1.618 occur repeatedly in nature. Examples are as various as mollusk shells and the shapes of gallaxies containing billions of stars.When used in technical analysis, the golden ratio is most ... More About: Calculator , Trading
Scalping Trading Style
2007-11-03 12:47:00 Scalping is a trading style specializing in taking profits on small price changes, generally soon after a trade has been entered and has become profitable. It requires a trader to have a strict exit strategy because one large loss could eliminate the many small gains that the trader has worked to obtain. Having the right tools such as a live feed, a direct-access broker and the stamina to place many trades is required for this strategy to be successful.Scalping is based on an assumption that most stocks will complete the first stage of a movement (a stock will move in the desired direction for a brief time but where it goes from there is uncertain); some of the stocks will cease to advance and others will continue. A scalper intends to take as many small profits as possible, not allowing them to evaporate. Such an approach is the opposite of the "let your profits run" mindset, which attempts to optimize positive trading results by increasing the size of winning trades while letting ... More About: Trading , Style
MT4 Indicator (B-gen indicator)
2007-08-05 12:30:00 I found this forex indicator from my friend, this indicator help u to find where the buy and sell level. My advice for using this indicator is buy or sell from buy/sell area with TP 20 pips and S/l 30 pipsDownload here More About: Indicator , Indica , Cato
Swing Trading Method
2007-07-14 20:14:00 What is swing trading? swing trade is a forex trading strategy that seeks to create profits by holding positions for short periods, often 1 day to 1 week. This is similar to day trading, but with a slightly longer time horizon.how to swing trade?the best time frame u use for swing trading is 30 minute and 1 hour charts. More About: Trading , Swing , Method
Market Review fo Next week
2007-07-08 14:35:00 After BOE increase their rate last thursday GU come down as market exepected. current price is 2.0104, drop from 2.0200. this condition is much affected by technical rather than fundamental, since i can see all indicator say it's already overbought. i'm expecting GU will Come down till 1.9900 area before it continue to move upward till 2.0300. There are some high impact news will be realesed from UK and US. from UK there are PPI Input on moday forcasted to be bad. and also released data fo Trade balance from UK and US. both data will affect the market. choppy market will be expected. next week will be interesting, every issue can ruin all the scenarion. happy trading :) More About: Market , Review , Week
Forex signal
2007-07-07 03:13:00 SHORT GBP/JPYStart: 248.00 (will probably be adjusted)T/P: 245.00Suggested S/L: 249.50 (I'll be trading with no S/L)Potential Pips +300These Blog using GMT+00:00 london timeThese Fore x signals provided by http://fxmoneypool.com/ More About: Signal
MT4 indicator
2007-07-06 03:06:00 Here is one of metatrader indicator that i use for forex trading. this indicator is very useful. it can automatically draw trend for u. so u don't have to draw manually and save ur time to analyze the marketShi_channel indicator More About: Indicator , Indica , Cato
Forex Indicator
2007-07-04 11:32:00 There are hundreds forex indicator in Fore x . these indicator basically is a script or program writen using program language here are some good forex indicator :Simple Moving Average (SMA) - The average price of a given time period, (5 minutes, 10 minutes, 1 day, etc.) where each of the chosen periods carries the same weight for the average. Example using the closing prices of the USD/JPY currency pair: Day 1 close = 124.00, Day 2 close = 126.00, Day 3 close = 124.00, Day 4 close = 126.00; The 4-day SMA is 125.00 (the average of the prior four closes). Exponential Moving Average (EMA) - Here, the averages are calculated with the recent forex rates carrying more weight in the overall average; for example: In a 10-day exponential moving average, the last 5 days will have more effect on the average than the first 5 days. The idea is to use the most recent dat... More About: Indicator , Indica , Cato
Thomas Demark Indicator
2007-07-01 00:42:00 The DeMarker indicator is an attempt to overcome the shortcomings of classical overbought / oversold indicators. The DeMarker Indicator identifies potential price bottoms and tops. It accomplishes this by making price comparisons from one bar to the next and measuring the level of price demandhere is the formulahighm = IIF( H > Ref( H, -1 ), H - Ref( H, - 1), 0 );lowm = IIF( L Tom D = 100 * Sum( highm, 13 )/( Sum( lowm, 13 ) + Sum( highm, 13 ) ); More About: Thomas , Demark , Mark I , Thom
Holy Grail in Forex, is it really exist?
2007-06-26 05:48:00 The Holy Grail is often referred to in trading circles as the perfect trading system; the perfect conditions or indicator that will guarantee success in every trade you enter. All traders at some stage undertake the search for the Holy Grail whether it is consciously or subconsciously. The reality of trading is that there is no such trading system in existence. It never has existed and never will. The fact that some software packages label an indicator the ?Holy Grail? only serves to whet the appetite of some people further and arouse their suspicion of what it could be and how they will find it. It is also widely accepted that your own psychology or mindset is the largest single determinant of your trading success followed by your ability to manage risk. The small remainder of the ingredients to your trading success is your system which includes your entry signal. When most traders start trading, they spend most of their time on developing their entry conditions. They will learn... More About: Forex , Really , Fore
Elliott wave
2007-06-20 20:57:00 The Elliott wave principle (1871?1948), a professional , or wave principle, is a form of technical analysis that investors use to forecast trends in the financial markets and other collective activities. Ralph Nelson Elliottaccountant, developed the concept in the 1930s, proposing that market prices unfold in specific patterns, which practitioners today call Elliott waves, or simply waves. He published his views of market behavior in the book The Wave Principle (1938), in a series of articles in Financial World magazine in 1939, and most fully in his final major work, Nature?s Laws ? The Secret of the Universe (1946). Elliott said that "because man is subject to rhythmical procedure, calculations having to do with his activities can be projected far into the future with a justification and certainty heretofore unattainable."lliott Wave analysts (or "Elliotticians") say that they may not even need to look at a price chart to determine where a market lies in its wave pattern. Each wav...
Trading Advice (G/J)
2007-06-19 01:56:00 244.50 cannot hold Gj yesterday, so i open another buy position on 244.40. as i said before if it break that level G/J will continue to rise, probably until 250. my advice is keep buy dips when u see small correction on this pair. do not sell unless u got very positif signal for shorting this beast. stay aware with major correction, don't forget to put ur stop loss. Happy Trading :) More About: Advice , Vice
Daily Pivot Points for June 15 2007
2007-06-17 23:50:00 EUR-USDOpen = 1.3310High = 1.3386Low = 1.3305Close = 1.3378Pivo t = 1.3356Support and resistance for june 18 2007R1 = 1.3408R2 = 1.3437R3 = 1.3489S1 = 1.3327S2 = 1.3275S3 = 1.3246GBP-USDOpen = 1.9693High = 1.9779Low = 1.9688Close = 1.9752Pivot = 1.9740Support and resistance for june 18 2007R1 = 1.9791R2 = 1.9831R3 = 1.9882S1 = 1.9700S2 = 1.9649S3 = 1.9609 More About: Daily , June , Points , Dail
Trading Advice (G/J)
2007-06-17 16:29:00 GJ now at a very high position. selling this pair will be good if she cannot break 244.40. My indicator say that G/J now is overbought. next week will be a nice drop for this pair. but becarefull, BOJ are hold the interest rate. and not planning to hike interest rate till september. so the overall trend is still Bullish. this down scenario will fail if G/j break 245, in that case we might see 250 very soon More About: Advice , Trading , Vice
Tips On How To Trade Using Traditional Pivot Points
2007-06-17 12:25:00 The simplest way to open position without reading any chart is by using traditional pivot point. but of course u still need confirmation from indicator wether the market trend is UP or Down. here are some ways to Trade using pivot pointsFor a Bounce scenario 1; take sell position when the market price touch R1, with S1 as Ur firt Target point and stop lost at R2For a Breakout senario 1; take buy position when the market price touch R1, with R2 as Ur first Target point and stop lost at Pivo tFor a Bounce scenario 2; take buy position when the market price touch S1, with R1 as Ur firt Target point and stop lost at S2For a Breakout senario 2; take sell position when the market price touch S1, with S2 as Ur first Target point and stop lost at PivotThe Problem is how u know wether it's will be a bounce or breakout. u need to confirm with ur indicator to know this, the trend is UP or down. i'll be adding how to trade using Thomas DeMark's Pivot Point soon. Happy trading :) More About: Tips , Points , Traditional
Daily Pivot Points for June 14 2007
2007-06-15 08:45:00 EUR-USDOpen = 1.3310High = 1.3324Low = 1.3279Close = 1.3310Pivo t = 1.3304Support and resistance for june 15 2007R1 = 1.3330R2 = 1.3349R3 = 1.3375S1 = 1.3285S2 = 1.3259S3 = 1.3240GBP-USDOpen = 1.9726High = 1.9736Low = 1.9658Close = 1.9692Pivot = 1.9695Support and resistance for june 15 2007R1 = 1.9733R2 = 1.9773R3 = 1.9811S1 = 1.9655S2 = 1.9617S3 = 1.9577 More About: Daily , June , Points , Dail
Daily Pivot Points for June 13 2007
2007-06-14 05:37:00 EUR-USDOpen = 1.3302High = 1.3315Low = 1.3264Close = 1.331Pivo t = 1.3296Support and resistance for june 14 2007R1 = 1.3329R2 = 1.3347R3 = 1.3380S1 = 1.3278S2 = 1.3245S3 = 1.3227GBP-USDOpen = 1.9742High = 1.9764Low = 1.9677Close = 1.9726Pivot = 1.9722Support and resistance for june 14 2007R1 = 1.9768R2 = 1.9809R3 = 1.9855S1 = 1.9681S2 = 1.9635S3 = 1.9594 More About: Daily , June , Points , Dail
Technical analysis vs fundamental analysis
2007-06-13 08:49:00 The main difference between fundamental and technical analysis consists in that technical analysis is the study of charts, trend lines, support, resistance levels and patterns. Technical traders follow this data in order to predict the direction a currency will take. Fundamental analysis includes the analysis and interpretation of global events, economic, political, financial events and other variables that may cause a currency to fluctuate.Technical Analysis operates on the theory that market prices at any given point in time reflect all known factors affecting supply and demand for a particular market. Consequently, technical analysis focuses, not on evaluating those factors directly, but on an analysis of market prices themselves. This approach theorize that a detailed analysis of, among other things, actual daily, weekly and monthly price fluctuations is the most effective means of attempting to capitalize on the future course of price movements. Technical strategies generally u... More About: Technical Analysis , Fundamental Analysis
Daily Pivot point for June 12 2007
2007-06-13 07:41:00 EUR-USDOpen = 1.3357High = 1.3369Low = 1.3301Close = 1.3302Pivo t = 1.3324Support and resistance for june 13 2007R1 = 1.3347R2 = 1.3392R3 = 1.3415S1 = 1.3279S2 = 1.3256S3 = 1.3211GBP-USDOpen = 1.9692High = 1.9783Low = 1.9688Close = 1.974Pivot = 1.9737Support and resistance for june 13 2007R1 = 1.9786R2 = 1.9832R3 = 1.9881S1 = 1.9691S2 = 1.9642S3 = 1.9596 More About: Daily , June , Point , Dail
Trading Advice (G/U)
2007-06-12 12:19:00 Today UK CPI comes out worse than expected but UK trade balance comes out better than expected. overall news from UK coming out better than forcasted. i believe if today break support at 1.9790 today, then 2.050 is coming out soon this week. buy position is preferable in this pair. have a good trade More About: Advice , Trading , Vice
Trading Advice
2007-06-11 10:56:00 Today UK PPI input come out better than forcasted, previous value was 0.2% and up till 1.2 %. but yet GBP/USD go around 1.9670-1690. My advice is, if it break 1.9720 then consider to go long and if it break 1.9620 then we should go short in this pair. if it go no where. then better to stay out from the market today :) More About: Advice , Trading , Vice
Daily Pivot point for June 8 2007
2007-06-11 02:48:00 EUR-USDOpen = 1.3426High = 1.3428Low = 1.3321Close = 1.3368Pivo t = 1.3372Support and resistance for june 11 2007R1 = 1.3424R2 = 1.3479R3 = 1.3531S1 = 1.3317S2 = 1.3265S3 = 1.3210GBP-USDOpen = 1.9771High = 1.9793Low = 1.9623Close = 1.9681Pivot = 1.9699Support and resistance for june 11 2007R1 = 1.9775R2 = 1.9869R3 = 1.9945S1 = 1.9605S2 = 1.9529S3 = 1.9435 More About: Daily , June , Point , Dail
Market Review For The Week Ahead
2007-06-10 02:33:00 GBP/USDThere are several important news coming out from UK and US next week, there are PPI Input on monday from UK with previous value 0.7%, and forcasted to be down to 0.6 %. and also CPI report on tuesday with value 2.8%, and forcasted to be down to 2.6 %. From US PPI and CPI report on Thursday and friday forcasted to be better.with all data forcasted for next week, I'm expecting G/U to break 1.9600 before it continus to move downward. but if G/U maintain above 19700, then be ready to reload ur long and 2.0050 will be the target. More About: Market , Review , Week , Mark , Ahead
Tips How To Earn Some Money On the Internet
More articles from this author:2007-06-09 07:59:00 U want to trade Forex but u don't have money to start with? well, before u start trading u might want to get the fund to trade first. here is some tips from me how to earn online.First, the best way to start earn online is using google adsense. if u have website and want to earn from it. google adsense is the best choice. u can earn on google adsense by impressions on ur site or pay per click. u don't have website yet? it's simple, u can use blogger to start ur blog and put ur google adsense there. all u need to do is prepare ur site and blog, then apply for google adsense here :After google accept ur adsense account. u need to advertise ur blog or site to get more visitor. and don't forget update it. coz search engine love it.To lazy to make a site and blog? well there is always anoother method to earn :D. the simplest way is oining pay per post forum. some forum give good money for ur post. here are some good pay per post forumGoldage forum, in goldage u can get 10 cent per po... More About: Internet , Money , Earn Money , Tips , Earn 1, 2 |



