Candlestick analysis is quite a common technique for forecasting price movements. There are many books on this subject, but what is special about Steve Nison Candlestick Charting Basics is that this book explains candlestick analysis and patterns in a very simple way! Candlestick Charting Basics Candlestick Explanation Types Of Candles Various Patterns True vs Fake Signals Application Into Strategies Sign Up to get this book Steve Niso...
These days trading currency is big business and many people are making their living by doing it. With the current economic climate the way it is, there are more and more people turning to this to make their money now. The main question is what are the best Forex trading strategies? There are many different strategies that have been developed. Some work, some don’t. Some used to work great and now no longer work as good as they use...
Everyone seems to be jumping on the Forex bandwagon because there is serious money to be made. However, here’s a dirty little secret: the majority of people of people who start trading on the forex (foreign exchange) end up with a loss. Furthermore, a significant portion of these people end up with a HUGE loss. The problem is that most people are using a technique(s) that is at least a step or two behind. The technique they are us...
Are you looking to advance your knowledge in day trading? Read Trading By The Minute book by Joe Ross and learn is and outs of intraday trading of currencies, indexes and other assets. Trading By The Minute: Trade Selection Major Entry Signals A Trading Plan Risk Management Sixty Minute Day Trading Sign Up to get this book Joe Ross Trading By the minute FXL...
Are you looking to day trade Forex? Trading forex, also known as foreign currency exchange, can be a very profitable venture. However, you do need to be extremely careful as this is truly a high risk, high reward industry. Many studies have shown that the stress levels experienced by day traders are among the highest of any profession. If you are just wanting to dabble in Forex for some extra income, or want to make a full time living d...
I’m going to take the time to share with you some of my tips for forex currency trading. This business is a very exciting one for most people. The idea of participating in a market with over three trillion dollars a day moving around makes anyone feel excited. It’s a very level playing field, so everyone has a chance to get a share of that money. The problem is that most people don’t have the slightest clue or instinct...
Forex or Foreign exchange has become much more visible in many business portfolios ever since small traders were given a chance to participate in the FX realm. Despite the presence of strain and the rigors of a regular job, a number of investors still desire to enter and profit from the Foreign exchange trading markets. There are actually accessible Forex accounts that allows you to train your trading knowledge for 1 month with no threa...
Forex trading takes place on a world-wide decentralized exchange that is an over the counter financial market for the trading of currencies. The purpose of currency forex trading is to assist international trade and investment. The forex currency trading market allows businesses to convert one currency into another. For example, if a U.S. business is importing European goods it will need to convert its dollars over to Euros in order to ...
The Forex market currencies are in a constant dance between support and resistance areas. These can be trend lines, consolidation ranges, dynamic support and resistance and numerous others. Sooner or later a breakout from the support to resistance dance will occur and breakout traders aim to capitalize from this. So imagine the scenario. A range has been established on a currency pair with 300 pips between the high and low. Every time p...
The Foreign Exchange market (also referred to as the Forex or FX market) is the largest financial market in the world, with over $1.9 trillion changing hands every day. That is larger than all US equity and Treasury markets combined! Unlike other financial markets that operate at a centralized location (i.e. stock exchange), the worldwide Forex market has no central location. It is a global electronic network of banks, financial instit...