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Fundamental Analysis

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 [...]

What are Candlesticks?

Wednesday, October 15th, 2008

By Steve Nison “A good beginning is the most important of things.” (Japanese proverb) WHAT ARE CANDLESTICKS? Japanese candlestick (also called “candle”) chart analysis, so called because the lines resemble candles, have been refined by generations of use in the Far East. These charts are used internationally by traders, investors and premier financial institutions. Candle [...]

Reviewing the Charts I – Elliott Wave Theory

Wednesday, March 5th, 2008

by John Piper Elliott is my primary method of analysis and it allows me to make most of my forecasts. It is a fairly simple theory and consists of two basic principles: • Impulsive action consists of five waves – see figure X.1 below • Corrective action consists of either three waves or a more [...]

Evaluating a Money Manager

Saturday, December 1st, 2007

by Tom Koziol Scams and frauds are designed to take your money through false promises and phony claims. Money management is supposedly designed to increase your net worth. Sometimes these two worlds meet and the results are not in your favor, i.e., you have a considerable decrease in net worth. The information in this article [...]

Understanding The Real Rate of Return!

Thursday, November 29th, 2007

by Harald Andersen There is one indicator more than any other which determines the health of an economy and it is the Real Rate of Return. Furthermore this is the simplest of all indicators to understand because it determines the safety of assets. Next time you hear the TALKING HEADS discussing the nuances of the [...]

Trading for a Living-Part 2

Thursday, November 29th, 2007

By Geoff Turnbull In part 1 of this article I started to look at the financial implications of giving up the day job to instead start trading full time for a living. There are more than just monetary considerations as we will see later, but for now, there are some more costs to ponder. More [...]

10 Forex Myths That Cause 95% of Traders to Lose

Saturday, November 17th, 2007

I have been a trader for over 25 years and the myths below are common ones and if you make anyone you will lose your equity and join the 95% of traders who lose. Let’s look at these forex myths and why they will guarantee you lose. 1. You Can Predict The Market This is [...]