Forex Trading Tip: How to Use Retracements to Your Advantage Retracements are a necessary evil. They are a market’s mechanism to shake out weak longs or shorts when positions get too over extended on one side...
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Tag: forex forum
What do you think about social media trading? Social trading is the process through which online financial investors rely on user generated financial content gathered from various web applications as the major information source for making...
Forex Wisdom Forex Tips for every Trader Any market, be it real estate market or forex market, is all about transferring money from the masses to a few lucky ones in the long run. In most real...
Weekly FX Chart Outlook Oct 28-Nov 1 While there is a full calendar of events this week to suggest volatility and opportunities to trade, the key focus is looking ahead to the Nov 6=5 US elections....
Why You Should Treat Forex Trading as Being in Episodes Not Trends Most technical traders refer to momentum moves as trends. I prefer to look at the price moves as trading in episodes. Like a streaming...
What is spot gold? Online brokers have opened the market for gold traders, who have the ability to trade spot gold similar to the way forex is traded. This offers a way to speculate on the...
The US Dollar Index is a Joke I don’t know why it is called the USD index but the name is a joke. It is only composed of 6 currencies (see below) and the EUR makes...
Common Sense Tips for The Average Trader They say a trader learns more from losing than winning but hopefully it is not to the extent that it wipes out one’s account. I was asked the following...
Weekly FX Chart Outlook – Sept 30 – Oct 4 This Is another case where the end of the week will be more important than how it starts out (quarter end). The key focus will be...
Forex Trading Glossary – U/V/W Forex Trading Glossary – U/V/W Forex Trading Glossary – U Unrealized Profit or Loss The profit or loss status of open trades. Uptrend Characterized by a series of higher price highs and...
Forex Trading Glossary – S Saucer Pattern A chart formation that shows a gradual decline then a gradual rise in prices with the resultant effect of price taking a saucer-shaped pattern. (Is also known as a rounded...
Is There a Hidden Hand Defending USDJPY 140? The USDJPY bounce from a new low had me thinking perhaps there is a hidden hand protecting the major 140.21 low and pivotal 140 level. What I mean by...
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