Learn ForexLearn ForexLearn Forex Trading, Trading Strategies, How to determine Forex Signal,Understanding Forex Charts,Understanding Forex Technical Indicator, Trading Technique, Calculating Profit Loss. 
Articles
Fundamental Analysis
2007-09-28 22:14:00 Usually everyday, the Forex currency pair will be moving along slowly (sideways movement, consolidation) and then all of a sudden it JUMPS! It very quickly moves up 30 or more pips, usually in just a minute, and often continues to move strongly for another hour or so. Why? This is due to the release of a ?Fundamental Announcement".Example: Below is picture of GBP/USD 1-minute chart, Forex Chart Server time is GMT + 3. Here you can see on 18/9/2007 at 21:14 price was near 1.9995 and at 21:15 after US FOMC Interest Rate announcement Price started to moving up and in 3 minute it was at 2.0095.Fundamental analysis? What is this? Fundamental analysis refers to political and economic conditions that may affect Forex currency prices. FOREX traders using fundamental analysis rely on news reports to gather information about unemployment rates, economic policies, inflation, and growth rates.Various news is released by government and academic sources. They are reliable measures of economic hea... More About: Analysis , Fundamental Analysis
Fundamental Analysis
2007-09-28 22:14:00 Usually everyday, the Forex currency pair will be moving along slowly (sideways movement, consolidation) and then all of a sudden it JUMPS! It very quickly moves up 30 or more pips, usually in just a minute, and often continues to move strongly for another hour or so. Why? This is due to the release of a ?Fundamental Announcement".Example: Below is picture of GBP/USD 1-minute chart, Forex Chart Server time is GMT + 3. Here you can see on 18/9/2007 at 21:14 price was near 1.9995 and at 21:15 after US FOMC Interest Rate announcement Price started to moving up and in 3 minute it was at 2.0095.Fundamental analysis? What is this? Fundamental analysis refers to political and economic conditions that may affect Forex currency prices. FOREX traders using fundamental analysis rely on news reports to gather information about unemployment rates, economic policies, inflation, and growth rates.Various news is released by government and academic sources. They are reliable measures of economic hea... More About: Analysis , Fundamental Analysis , Amen , Anal
Forex Collection 3
2007-09-01 22:42:00 1: Elite Forex Trading Course Forex Trading EducationElite Forex Trading Course, and Forex Trading Education will boost your Forex Trading profits.2: LIVE FOREX Training FxBootcamp.comDaily FOREX Training! Get FX coaching during LIVEcurrency markets! Learn how the indicators interact in the real world. Receive FOREX coaching "as it happens". See my charts. Hear my voice. Let's trade together!3: Forex TradingForex Trading with FXTSP, provides real-time execution, managed forex accounts, forex news,free charts and quotes, and 24 hour commission-free currency trading with a free forex trading course.4: Interactive Day Traders ForumTraders Laboratory is an interactive community for traders and active investors. We feature a user-friendly trading forum to discuss various topics related to stocks, futures, Forex, and options. .5: Forex Training Offers training on online forex trading. Provides Basics & Trading Tips.6: Forex Forex trading guides, independent forex resources.7: forexon...
Understanding Forex Indicator and Determining Forex Signal.
2007-08-08 12:48:00 Here we are going to discuss about seven most important Forex Indicator .1. Average Directional Movement Index (ADX) - ADX is used when we need to know the direction in which the Forex market trend is going i.e. either downward or upward and how strong the Forex trend is. When ADX readings over 25 indicate a Forex trend with higher values indicating stronger Forex trends. For more ADX detail scroll down the page.2. Moving Average Convergence/Divergence (MACD). MACD shows the momentum of a Forex market and the relationship between two moving averages. When, for example, the MACD line crossings of the signal line it indicates a strong Forex market. click here for details.3. Stochastic Oscillator- Stochastic Oscillator indicates the strength and weakness of a Forex market by comparing a closing Forex Market price range over a period of time. Stochastic reading above 80 depicts the Forex currency is overbought while its reading below 20 indicates that the Forex currency is oversold. clic... More About: Signal , Understanding
How to Draw a Forex TrendLine
2007-07-06 00:29:00 What is Trend?In Forex trend is your Friend. A Trend refers to the direction of Forex Market Prices. Rising peaks and through constitute an up trend, falling peaks and through constitute a downtrend that determines the steepness of current trend. The breaking of a trend line usually signals a trend reversal.Plotting a trend line on a Forex chart gives very valuable information. It helps to determine good entry and exit points, best positioning for profit taking and placing protective stops. But difficulty arises because of the time factor. Whenever we talk of trend it has to be related to the context of time.An intraday (relates to action on that particular day only) Forex Market Price chart may show a significant trend, which is different to a trend recognizable on a daily Forex Market Price chart, which may be different to a trend on a weekly chart.Success depends on recognizing and trading the appropriate trend. Successful investing depends on recognizing the short, medium or lon... More About: Draw
Forex Trading Strategy
2007-06-05 08:11:00 If you want to earn profit in Forex Trading then you should be able to find,1: Exact entry point as early as possible.2: Exit point as early as possible.Here I am going to discuss about a system which will give you exact entry point. This is not a Day trading system. Plan to be in positions for multiple days and possibly up to or more than 2 weeks. The goal is to build profitable positions, protect them (with Stop losses) and add more positions simultaneously while keeping your initial risk the same.I trade the 4 hour and Daily Forex Charts based on momentum. After trial and error ( Research n Development) on short term (5min, 15 min, 1hr etc) Forex charts I've found the 4 hour and Daily Forex charts are best for this Forex trading Strategy .In this Forex trading system we are going to use,1: 150 SMA (Simple Moving Average)2: Slow Stochastic Oscillator with settings 6, 3, 33: RSI (Relative Strength Indicator) with setting 34: Parabolic SAR with default settings (0.02, 0.2)5: Any cur... More About: Forex Trading , Trading Strategy
Forex Collection 2
2007-05-17 09:31:00 1: Currency trading - Forex Trading with The Forex Broker. ACM offers online currency trading commission-free, tax-free, lowest forex spreads on the market, guaranteed fills, real-time one-click execution. Free forex charts, foreign exchange rates, forex news & analysis.2: Forex Trading System - Guide to the Forex trading system where you can find 24 hour commission currency trading, as well as the charts, forecasts, quotes and analysis that will help you make informed trading decisions.3: Forex Trading Information - Information about Forex trading, Forex brokers lists, free Forex e-books, free Forex tools and Forex articles for newbie and expert Forex traders.4: Forex Currency Trading Education - Forex Fusion brings you the best in Education, Forex Tools and Live Market Data.5: iFOREX - Forex Forecasts and Trading Signals. - iFOREX.bg - Real Time Forex Trading, daily forex forecasts, direct real time signals for entry and exit trading positions for EUR/USD, USD/JPY, GBP/USD and...
Forex Collection 1
2007-05-16 17:13:00 1: Forex Trading - Learn to trade the fx market with a proven forex trading method.2: Online Forex Trading - Whether you are new to FOREX trading or an institution looking to offer FOREX trading services to your clients, we have a solution for you.3: Forex Trading Strategies - Use Forex Strategies That Keep You On The Right Side Of The Market.4: Forex Trading Course - The Forex Trading Course for Currency Trading Strategies.5: Forex Course - Learn Forex Trading Online With Peter Bain's DVD and CD Course and Pivot System.6: FibMaster.com - Download these Fibonacci trading videos, to learn how to do it right.7: Seven Secrets of Modern Financial Mastery - Seven Secrets will separate tomorrow's rich and poor. This superb report is an absolute must-read for anyone serious about money and their personal finances.8: Trading Concepts E-mini Trading - Todd Mitchell's guaranteed e-mini system. Free demo, audio tape, and trading reports. Hundreds of testimonials since 1994. Talk with succes...
How to Determine Support and Resistance.
2007-05-13 08:54:00 What Is Support ?Support is the price level at which demand is thought to be strong enough to prevent the Forex Market price from declining further. The logic dictates that as the Forex Market price declines towards support and gets cheaper, buyers become more inclined to buy and sellers become less inclined to sell. By the time the Forex Market price reaches the support level, it is believed that demand will overcome supply and prevent the Forex Market price from falling below support. Support levels are usually below the current Forex Market price.Note: When Support level is broken, then technically it will become Resistance level. And vice versa.What is Resistance?Resistance is the price level at which selling is thought to be strong enough to prevent the Forex Market price from rising further. The logic dictates that as the Forex Market price advances towards resistance, sellers become more inclined to sell and buyers become less inclined to buy. By the time the Forex Market pric...
Moving Average and Bollinger Bands
2007-05-09 01:10:00 Moving Average :Moving averages are one of the most popular and easy to use tools available to the technical analyst. Moving average Forex indicator is the average price for a given time interval in relation to other prices during the similar time periods. For instance the closing prices over a 5-day period would have a moving average of the total of the five closing prices divided by five.The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA).A Simple moving average is calculated by adding the prices over a given number of periods, then dividing the sum by the number of periods. For example, a nine-day simple moving average would add together the closing prices for the last nine days, and then divide that number by nine. An Exponential moving average gives more weight to recent prices, and is calculated by applying a percentage of today's closing price to yesterday's moving average. The longer the period of the ex... More About: Moving , Bands , Bollinger
Relative Strength Indicator (RSI) & Stochastic Oscillator
2007-05-08 23:55:00 Relative Strength Indicator (RSI):Relative Strength Index (RSI), an oscillator introduced by J. Welles Wilder. The RSI is based upon the difference between the average of the Forex closing price on up days vs the average closing price on the down days over a given period, and is plotted on a vertical scale of 0 to 100.Wilder advocated a 14-day RSI, although shorter and longer periods have gained popularity when the market exhibits certain characteristics. Generally, RSI is measured in a period between 5 and 25.How to use it?Wilder recommended using 70 and 30 and overbought and oversold levels respectively. Generally, Forex Buy signals are triggered when RSI is in oversold (20-30) area, potentially meaning that the stock is about to reach its low for this trend, and Forex Sell signals are triggered when RSI is in overbought (70-80) area, potentially signaling a Forex market top.Try to combine it with EMA and you?ll get great result on your trades. You can use this technique for any c...
Calculating Forex Profits and Losses.
2007-05-06 00:18:00 A Guide To Calculating Forex Profits and Losses .By David Shephard The first thing that the newcomer to the world of Forex needs to realize is that in Forex trading currencies are traded in much smaller divisions than is the case for normal cash transactions. Although the smallest cash division in the US is the penny (US $0.01), US currency can be traded on the Forex market in divisions of as low as US $0.0001. This smallest division is known as the pip, which is short for Price Interest Point and is also sometimes referred to as 'points'.As currencies are traded in large lots (typically US $100,000), small movements in the value of the currency can produce substantial profits and losses. For example, in a lot of US $100,000 one pip is worth $10 so an increase of just 40 pips (or 4/10 of one cent) can generate a profit or loss of US $400.Although the standard lot in Forex trading is 100,000 units of the base currency, currencies can be traded in lots of various sizes. When talking ...
MACD Chart
2007-04-05 12:23:00 Moving Average Convergence Divergence ( MACD ) Chart sMACD was originally constructed by Gerald Appel an analyst in New York. It is one of the simplest and most reliable indicators available.The MACD is basically a refinement of the two moving averages system and measures the distance between the two moving average lines.MACD Indicator normally shows up as two lines (MACD line and Signal Line) plotted on an open scale against the zero line. These two lines will normally be of different color or one line a solid line and the other a dotted line. Forex Signals are taken when MACD crosses its signal line.The most popular formula for the "standard" MACD is the difference between a Forex Market prices 26-day and 12-day Exponential Moving Averages (EMAs), for this you should set indicator settings to 12 and 26 period exponential moving averages with 9 period exponential moving average as the signal line.How to use MACD?When the MACD falls below its signal line, it can be considered a sell ...
Trading Techniques / Tricks
2007-04-05 12:17:00 Fibonacci Trading Leonardo Fibonacci da Pisa was a prominent mathematician and is credited with the discovery of what we now call the Fibonacci series. Those ratios appear from the next numbers: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, ..., and according to these calculations: 1+2=3, 2+3=5, 3+5=8 etc.The Fibonacci ratios we shall use are 0.236, 0.382, 0.500, 0.618, and 0.764. But 0.382, 0.500 and 0.618 ? are the most important to watch for, and how we can use them in our day to day trading is explained below.To set up Fibonacci on the chart we need to find out:1. Is it uptrend or downtrend?2. Highest and lowest swings in the chart formation (A, B points) and go with the trend!In below example I will show you how to calculate Fibonacci Level. Below you can see a chart of the 4H GBP/USD. (I deleted some part of the picture to help you understand the concept). Now determine Point A and Point B.Point A is 1.9213 and Point B is 1.9827.Now Calculate difference between Point A and... More About: Tricks
Forex Terminology
2007-04-05 12:12:00 Ask: The price at which a broker or a dealer is willing to sell. For example, if GBP/USD is quoted at 1.9679/1.9681, the 1.9681 is the "Ask" or "Offered" price.Base Currency: For foreign exchange trading, currencies are quoted in terms of a currency pair. The first currency in the pair is the base currency. For example, in a USD/JPY currency pair, the US dollar is the base currency. Also may be referred to as the primary currency.Bid: Price at which broker/dealer is willing to buy. For example, if GBP/USD is quoted at 1.9679/1.9681, the 1.9679 is the "Bid" price.Bid/Ask Spread: The point difference between the bid and ask (offer) price.Cost of Carry (also "Interest" or "Premium"): The cost, often quoted in terms of dollars or pips per day, of holding an open position.Leverage: The amount, expressed as a multiple, by which the notional amount traded exceeds the margin required to trade. For example, if the notional amount traded (also referred to as "lot size" or "contract value") is... More About: Forex , Terminology
Risk Management / Money Management & Worst Forex Trading Strategy
2007-04-05 11:34:00 How To Loose Everything - The Worst Forex Trading Strategy Ever That You Might Be Using - by: David Jenyns You may be wondering, `Why would David Jenyns write about the worst Forex trading strategy around? ` There are a couple of reasons: First, to warn you about the worst Forex trading strategy, because you really don`t want to end up using this system. Second, because once you know the worst possible Forex trading strategy, the one that is designed to maximize your losses over the long run, then you can reverse it to craft a strategy which does the exact opposite. With what you learn from the worst Forex trading strategy, you will be able to create a system that will produce some tremendous long-term gains. The worst Forex trading strategy I?m referring to, which is simply the worst Forex trading strategy I have ever encountered, is known as averaging down. This horrifying Forex trading strategy is the process of buying more shares that you had previously acquired, as the price dr... More About: Money , Money Management , Management , Risk Management
Forex Bible for Beginners
2007-03-30 00:24:00 I think Forex is Best Way To Earn Money, but fear and excitements are one of the biggest enemies of a trader. Fear will cause you not to think objectively. It will cause you to override your trading methods and make bad decisions. You must conquer your fear before you start trading. The biggest fear is Money, No one like to lose money but its those that know how to lose that eventually make it. So how do we prevent this money issue from becoming a real fear factor in our trading? Don't risk what you can't afford to lose and test trading strategy on demo account, choose which suit you best. Money Management is very important in trading.Forex TradingHave you ever heard about forex trading, don't get panic, you can start free and get $5 reward to start, tarde with that $5, coz here you can trade as little as $1. Join Here & Get $5 Free.http://www.marketiva.com/?gid=11617* ***************************************** ***************************************** Here You Will Find All Det... More About: Bible
Forex Books
2007-03-29 11:15:00 Non-Free Forex Books :=>-------------------------------"T rading in the Zone" Visit Here"Trade your way to Financial Freedom" Visit Here"Come into my Trading Room" Visit HereFree Forex Books:=> Visit Here-------------------------1) Bill Williams "New Trading Dimension"2) Bill Williams "New Trading Dimension" (profitability - test v2.0) 3) Arthur H. Ullrich "Day Trading S & P 500 Index Futures Contract"4) Lewis Borselino "Trading S&P, NASDAQ 100 & e-mini futures"5) Thomas A. Long's "Qucik Harmonic Trader" manuals 6) Nauzer J. Balsara "Money Management Strategies for Futures Traders"7) Money Management Strategies8) Tushar S. Chande "Beyond Technical Analysis"9) John Murphy "Chart Pattern Recognition For MetaStock and MetaStock Pro 7.0 (and higher)" User's Manual Version 1.010) Michael P. Turner "Day Trading into the millenium"11) John Burley "7 Levels of Investor"12) J.L. Kelly "A New Interpretation of Information Rate"13) Market Warrior "Cross Time Analysis Course"14)...
Forex Forums and Forex News
More articles from this author:2007-03-27 22:09:00 Forex Forums :=>---------------------Trading Strategies & MT4 scripts - Visit HereMoneyTec Trader's Community - Visit HereFX-Review Forum - Visit HereAutoForex ($300 signup fee!) - Visit HereForex TSD (MT4 scripts) - Visit HereMT4 Indicators & EA Yahoo Group - Visit HereMT4 script discussion - Visit HereMoneyMaker Group - Visit HereFXFisherman - Visit HereForex News / Analysis:=>------------------------------ -Forex News - Visit HereCurrency Trading News, Forex Trading News - Visit HereCIBC World Market - Visit HereForex Street - Visit HereForex Charts - Visit Here More About: Forex 1, 2, 3 |
|
 |
|
 |
