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Forex Markets

Wednesday, September 16th, 2009

Every country uses currency, and most countries have established their own currency. When transactions occur between people or businesses, even governments in different countries, there is an exchange rate that comes into play. When someone travels to another country, or either imports or exports products between countries, the payment is usually exchanged between different currencies. [...]

Getting Started In Forex Trading

Sunday, August 16th, 2009

Many try to trade Forex, but only a few succeed. Here are some pointers to get you started. Most Forex traders trade from home with their own equipment and their own software. If you have a substantial amount of capital at risk, you will want the best tools available. You can start part-time, while maintaining [...]

Forex Trading Hours

Tuesday, July 14th, 2009

Although it is often touted that the Forex markets never sleep, you really should not be trading at all hours. Technically, trading hours start on Monday morning in Sydney, Australia and continues on through Friday afternoon in New York. The markets therefore are closed on the weekends, which is a really good time to take [...]

Brief introduction to Forex Trading

Saturday, June 13th, 2009

If you think back to your last international vacation, you will remember that you had to exchange currency so that you could buy goods and services in the foreign country. These exchange rates change frequently, and depending on where you make the transaction, you could be ripped off! Forex traders take advantage of the continuing [...]

Momentum Trading Strategy

Tuesday, May 19th, 2009

Description: The momentum (M) is a comparison of the current closing price (CP) and a specific length of the previous closing prices (CPn). Calculation: M = Closing Price [today] – Closing Price [n days ago] The Momentum indicator is a rate of change indicator that is designed to identify the speed of a price movement. [...]

Trading with the QQE

Thursday, May 14th, 2009

QQE, which is actually Quantitative and Qualitative estimation is based on exponential moving averages of RSI or relative strength indicator. QQE can be used in many ways and based on many different levels of smoothing averages, most popular that I have seen used in my trading are 2, 5, 30 and 60, I employ 5 [...]

The gartley pattern part 2

Sunday, May 10th, 2009

In our last article, we discussed how the Gartley pattern is formed and where entries and stops should be placed for the initial trade. In this article we will discuss ways to profit from the pattern and maintain appropriate risk management. Every trade should have targets. These can be fixed targets or dynamic ones specific [...]

The gartley pattern part 1

Sunday, May 10th, 2009

The Gartley pattern was outlined by H.M. Gartley in his book Profits in the Stock Market, published in 1935. Gartley reversals appear on all time frame charts. These patterns form near important support or resistance levels and are very powerful. It’s important to note that these patterns as with most patterns work best if found [...]

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