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Trend Following Indicators

posted by Avatar pairfx 557 days ago in USD, Technical, Monthly made popular 557 days ago

Trend Following Indicators
The first thing that comes to mind as a trader is: “indicators complicated… It would probably take me weeks to learn the formulas, the patterns and the entire template in order for it to help in my trading…” read more
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The 10 minute trader

posted by Avatar pairfx 588 days ago in JPY, Special, Trading Psychology

Good week traders,
over the last few weeks, I have been browsing through heaps of Forex forums and talking with many online currency traders - what I am seeing in front of my eyes is a new trend or, as one could argue, a trading strategy.
The 1 read more
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Choosing the right platform-Strategy Runner

posted by Avatar pairfx 594 days ago in EUR, Fundamental made popular 594 days ago

Choosing the right platform

Whether you are an advanced trader or just getting started trading futures or foreign exchange markets, you will need a robust trading platform that enables you to make your trading decisions as quickly and securely read more
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Interest Rates (Rollover, Swap Rate)

posted by Avatar pairfx 597 days ago in Technical, Fundamental, Metals made popular 597 days ago

In forex you are always trading one currency versus the other, and thus your trading is affected, at most times, by the interest rates of these two currencies.
Interest rate affects traders keeping their positions opened overnight. If you are da read more
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Platforms – downloadable to your desktop?

posted by Avatar pairfx 598 days ago in JPY, Technical, Fundamental

Lot’s of traders ask me, what are the differences between platforms over the web and ones that are downloadable to your desktop?
Generally, both of them are just platforms you trade with, no?
No. Desktop traded platforms are much richer in term read more
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let’s say you want to trade the US Dollar...

posted by Avatar pairfx 613 days ago in USD, Fundamental, Sentiment made popular 613 days ago

The Michigan Consumer Sentiment indicating financial consumer confidence in the US. The logic is simple and easy to grasp – if forecast expectations (displayed as ‘Forecast’) exceed actual ‘Results’, then it is usually good for the currency trade read more
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Compare the instuments in the capital market

posted by Avatar pairfx 615 days ago in Technical, Fundamental, Trading Psychology made popular 615 days ago

Ask yourself, how long do I intend to keep my trades opened? Minutes, days, months, maybe even a full year? This way you'll get passed the first barri... read more
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One of the most important key factors in trading

posted by Avatar pairfx 616 days ago in Fundamental, Trade, Trading Psychology made popular 616 days ago

Diversification is one of the most important key factors in trading, and it is the foundation of this dictionary. It is simply something you should consider no matter what your trading plan is.
Diversification is defined as providing variety; an read more
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3 month story-1000 pips

posted by Avatar pairfx 808 days ago in USD, Technical, Trading Psychology

EUR/USD 3 month love story:

So we spoke over the last year how the American Dollar and the American economy are in bad shape, and we talked about how we will see a strong recovery of the economy in 2010, so… we are still not sure if we will se read more
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last 6 days

posted by Avatar pairfx 810 days ago in USD, GBP, Technical made popular 810 days ago

Hello currency traders, In the last 6 days, we can see the GBP weakening against the US Dollar when looking on a daily chart. This decrease resulted in a 60 pip pullback, meaning lots of new opportunity. In the support level on a Fibonacci read more
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What we Had over the week

posted by Avatar pairfx 856 days ago in USD, CAD, Technical

so yes not once we sow how the USD/CAD moving in how the Canadian Dollar was held in a range, bounding up and down.

However, the overall trend seemed to be a downtrend in the last few days and half weeks - looking like it's was moving down an read more
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Market Review

posted by Avatar pairfx 856 days ago in USD, EUR, Technical made popular 856 days ago

Wow, we sow what the Dollar made this week and as Most of us expected the chart didn't lie :)))
so we so the EUR/USD moving in New Levels S&R and ...On a daily chart taking a simple moving average, we can see the US..
Let's move to an hourly c read more