Posts Tagged ‘currency’

FOREX VIDEO REVIEW: London Session July 28th, 2009

Written on August 30th, 2010 by admin9 shouts


Since the weekend I had spoken in length in the London FXBootcamp session about seriously developing 4hour MACD divergence on every Japanese Yen pairing I could pull up. About a third of the way into today’s London session we began to see hints of a change in direction, such as USD/JPY having an hourly lower high, then breaking it’s recent price trap’ support level in the 15m chart. In class we covered the trade plans for shorting the GBP/JPY, EUR/JPY, and USD/JPY, and any trader could have done the same on any or even a basket of JPY pairs. In this video however, I will cover just the GBP/JPY. I will discuss and show in detail what caused us to both look for the short ‘clue train’ in the first place, and ultimately the actual entry/trigger criteria we used to short the GBP/JPY , risking just 20 or so pips, amounting to a fairly painless ride to just over 100 pips, before offering another pullback for an additional 90 pips reload. Very nice trading session indeed for London, certainly well deserved after the choppy sessions we have seen of late in the London time frame. FXBootcamp London Currency Coach- Christian Stephens

Popularity: 1% [?]

Forex Trend Snapback Trading System

Written on August 28th, 2010 by admin25 shouts


Learn how our Trend Snapback Trading System makes 300 to 500 pips per month per currency. Trend Following System

Originally posted 2009-11-30 20:38:31. Republished by Old Post Promoter

Popularity: 5% [?]

Forex how-to trading tactics: GBP/USP Trades

Written on August 24th, 2010 by adminone shout


Forex trading can be tough! Here’s a 7-minute video that reveals how I scan for forex trade setus, how to pinpoint entries and exits, and which trades to avoid when trading forex / currency trading. [forexonfire.com]

Originally posted 2010-04-01 20:40:23. Republished by Old Post Promoter

Popularity: 1% [?]

FOREX VIDEO – New York Session Review – August 27, 2009

Written on August 21st, 2010 by admin12 shouts


The US dollar had attempted, but failed, to make new gains against multiple currencies for a full round-the-clock cycle. During the final hour of European trading, the USD bulls seemed to give up, and the bears stepped in. Currency correlation, identification of basic support and resistance, and a Fibonacci study contributed to creation of a trade plan to go long on the GBP/USD currency pair. Those traders who took the shot, then closed the trade at the next significant level of resistance, earned a 60-pip profit at today’s London close.

Originally posted 2010-04-02 20:39:28. Republished by Old Post Promoter

Popularity: 1% [?]

Why International Forex Educators courses are different 2

Written on August 17th, 2010 by adminno shouts


Why International Forex Educators course We are a group of 5 traders who also trade we have over 20 years experience. Visit our website International Forex Educators intfxed.com … “forex market” “forex trading system” “foreign currency trading” “learn forex” “forex training” “forex trading systems” “forex strategies” “learn forex trading” “forex demo” “forex course” “forex education” “what is forex” “forex trading course” “forex trading tips” “forex trading courses” “forex trading education” …

Originally posted 2010-01-09 20:41:55. Republished by Old Post Promoter

Popularity: 1% [?]

PM Forex Trading Outlook – DailyFX News January 22, 2010

Written on August 17th, 2010 by adminno shouts


Daily afternoon analysis of the US Forex market trading session with DailyFX Currency Strategist John Kicklighter. Includes coverage of economic and financial market news, as well as an outlook for the day ahead and trading ideas. www.DailyFX.com

Popularity: 1% [?]

Forex Trading Outlook – DailyFX News October 23, 2009

Written on August 16th, 2010 by adminno shouts


Daily analysis of the US Forex market trading session with DailyFX Currency Strategist John Kicklighter. Includes coverage of economic and financial market news, as well as an outlook for the day ahead and trading ideas.

Popularity: 1% [?]

Automated Forex Trading Power Tool? Set And Forget?

Written on August 15th, 2010 by adminno shouts


Unlimited Income While You Sleep? 20gmm.com … fapturbo “fap turbo” forex “forex trading” “forex trading robot” “trading robot” “forex trading tool” “how to trade forex” “currency exchange” “fx trading” “fx trading robot” “forex software” “forex trading software” “forex trading strategies” “forex trading strategy” “forex strategies” “forex strategy”

Originally posted 2009-12-15 20:40:29. Republished by Old Post Promoter

Popularity: 5% [?]

FOREX VIDEO REVIEW: London Session May 6, 2009

Written on August 8th, 2010 by adminone shout


Our London session today and tomorrow actually are pre-London into London, as one of our coaches is on break. With that in mind, our first hour today was completely our planning/plotting hour where we set-up all area’s of support/resistance, price traps, pattern formations etc. Once this was done we developed technical bias and reasoning for several of our setups, then simply wait for one of them to cough up a clue. Well one of these trade plan’s involved the EUR/USD forming a double bottom off support to open tonight, and rising at least to the 1.3318-22 area, and sure enough at 1:15am NY time we see a higher low quickly develop on the charts. In this video I cover in great detail how once we obtained our clue, we quickly finalized our trade plan, confirmed reasonable risk vs. reward, awaited our Fibonacci entry area. and promptly protected our trade with a break even stop. While this was not an enormous trade, obtaining 50-75 pips was entirely reasonable depending on how one managed it, which we also discuss in the video. Hey, Pips are pips! Enjoy. FXBootcamp London Currency Coach- Christian Stephens

Popularity: 1% [?]

Online currency trading – from basics to advanced analyses

Written on August 7th, 2010 by adminno shouts

To begin with, you should fully grasp the fact that forex trading involves very high risk. Putting it straight, you’re actually risking your hard earned money. All investments in forex must go along with a rule of thumb – never risk borrowed money or the cash you can’t afford to forego (like home rent).

The basics facts

Some major benefits

  • Most firms won’t charge any commissions – you’ll pay just the spreads between bid & ask.
  • There’s 24-hour trading – so you get to trade at your own liberty and convenience.
  • You get trading leverages – this might magnify possible gains OR losses, though.
  • It’s simple to just pick up some currencies instead of from 3000 stocks.
  • You get easy accessibility – there’s no need for lots of money for getting started.
  • How do trades happen?

    You buying a currency and sell another simultaneously. This means currency quotes come in pairs (e.g. EUR/USD and USD/JPY). By the term ‘exchange rate’ they refer to purchase prices between 2 currencies. For instance, a EUR/USD rate stands for the chunk of USD that can be bought by 1 EUR.

    When you’re optimistic that the Euro is likely to increase in its value in terms of the USD, you just purchase Euros using US Dollars. So, if that exchange rate does hype, you’ll need to sell those Euros back. That’s how you get your profit. This is risky, as you might presume.

    A few advanced facts

    Technical analysis in online currency trading

    As you can understand, you got to decide and anticipate which currency’s value will soar and which one’s will drift and when. To help you out, there are many kinds of online trading platforms featuring –

    • User friendly drawing tools
    • Technical indicators
    • Charting capabilities

    You have to learn how the underlying technical indicators keep generating trading signals. You have to also learn how to interpret information that were found or observed in the market.  However technical analyses includes the four indicator of analysis, namely-

    1. Indicators Based on Moving Average
    2. Indicators Based on Volume
    3. Indicators Based on Volatility
    4. Ranging Indicators or Oscillators

    Each of these analyses has certain modes of analyses. For instance, the Moving Average Based Indicators usually involve three major modes of analyses. For instance, the Moving Average is the very fundamental technical indicator regarding technical analysis and used for trend identifications mostly and tries to smoothen price movements in one single line. And you get a signal whenever the market price crosses the line. Similarly, the Moving Average Envelope is an indicator referring to lines that run parallel to the moving average with a given percentages.

    You get to see a band created by the lines. That band helps gauge price volatility as well as its extremes. The MACD (the acronym of Moving Average Convergence Divergence) is an indicator charting the convergence along with the divergence of short run as well as long run moving averages. So you get graphical alerts whenever short run price movements rise/fall sooner than what are suggested by that longer moving average. So you get most recent trends this way.

    Online currency trading Online currency trading – from basics to advanced analyses


    Originally posted 2009-11-07 06:13:14. Republished by Old Post Promoter

    Popularity: 14% [?]

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