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ForeX Trading for Maximum Profit
Monday, January 23rd, 2012Read the rest of this entry »
Who said ” you can’t teach an old dog a new trick? ” I have read many many books over the years on markets of various types. Though I have not traded the 24 hours Forex market, I have traded the currency markets as well as the futures, stocks and options. I have been student of all kinds of systems, Fibonacci and Elliot Wave, Gann - have used dozens of indicators, yet I am always looking for something more to learn. I figure that if I can learn just a bit more I may become a better trader.
Trends Terms:
30 Minutes Trend Line Tips
Monday, November 6th, 2006Last month on October i’ve wrote simple article include video drawing with trend line.
And now i would like to implement the trend line with 30 minutes chart on USD/CAD pair.
The first step to trend line construction, and most important, is the selection of the two points to create the trend line . With trend line diagonal, find the highest price that was in 1.1364,
look at the figure 1st poin was in 1.136 and 2nd poin in 1.1364. To find the 1st poin, you need to take a horizontal line and mark the point where the vertical line coming from the highest high recorded above the trend line intersect with the trend line.
Note the two values listed on the chart. In the next step i take the difference between the highest high recorded above the demand line and the point where the demand line is intersected by the vertical line.
Trends Terms:
Moving Average (MA) Indicator
Friday, August 11th, 2006
If you want add Moving Average (MA) Indicator, just right click on chart graphic then click Indicator, now you can see Moving Average under Fibonacci Fan. Then Select Type, Period and Color, MA will appear under your chart.
And here is sample Moving Average with streamer.
About MA in Forex, Moving averages are one of the most commonly used technical tools. They follow the trend, smooth the normal fluctuations of the data, and clearly signal long and short positions to the investor.
This study displays moving averages as the normal crossover trading system. You may select up to three different averages.
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Trends Terms:
Related Terms: GBP/JPY Blog + 2006, 2006 Forex Reserve Graph,
