Determining the Scope of an FX Retracement
Friday, January 29, 2010 GMT
As soon as you have determined a method to help you detect a retracement, you will then need to devise a technique to enable you to determine its scope. The most popular tools for undertaking this task are:-
Read More >
|
|
|
|
FX Trading Trend Retracements
Thursday, January 28, 2010 GMT
Another very popular Forex Strategy is Trend Retracements which has one major advantage, among others, that when using it you are actually trading with the trend. However, how can you determine whether a price is performing a retracement or undergoing a major reversal. This distinction is very important because you need to determine if a price decline is of a long term nature or just a mere relief dip.
Read More >
|
|
|
|
LAND OF THE KANGAROO – ACCORDING TO PIPVILLE
Thursday, January 28, 2010 GMT
So if you avid tennis fans in the FX-world can take your eyes off the ball for a moment with all the excitement of the Australian open, you might want to pay closer attention to the Australian dollar.
Read More >
|
|
|
|
Designing An FX Exit Strategy
Wednesday, January 27, 2010 GMT
Here are a number of concepts that you should consider when designing your exit strategy. First, you must always know where to place your initial protective stop. This action is essential to order to prevent you from suffering severe losses should the trade go against you early on. In addition, your stop size must be well calculated in order to minimize your potential loss yet provide your new trade room to breathe.
Read More >
|
|
|
|
Protecting Your FX Profits
Tuesday, January 26, 2010 GMT
One of the most heart-breaking experiences of Forex trading is to watch a sizeable profit vanish before your eyes. Even worse, is when your stop is knocked out as well and you incur a loss as a result. This situation is the woe of many Forex traders and can be attributed to poor money management.
Read More >
|
|
|
|
The Importance of a Forex Exit Strategy
Tuesday, January 26, 2010 GMT
One of the big differences between beginners and experts is that the former determines only how to enter trades without giving much consideration on how they plan to exit them. Experts, on the other hand, pay very careful attention to their exit strategies and always know how they intend to exit their trades even before they enter them.
Read More >
|
|
|
|
Forex Breakouts and Fakeouts - Part 3
Monday, January 25, 2010 GMT
As explained in previous articles, if you are patient and simply wait for the initial breakout move to unfold then this course of action may help you avoid fakeouts which have the major characteristic of settling back inside the original consolidation pattern.
Read More >
|
|
|
|
Forex Breakouts and Fakeouts - Part 2
Sunday, January 24, 2010 GMT
When Forex beginners first attempt a breakout strategy, they quite often become quickly demoralized. This is because their trades are frequently stopped-out just after activation. They are even more disconcerted when they watch the market price oscillate for brief time before proceeding in its original direction.
Read More >
|
|
|
|
Earnings season on Wall Street
Friday, January 22, 2010 GMT
The week of January 18th is the beginning of a new earnings season of reporting for some of the largest companies in the world. Maybe it is good that "Blue Monday" was a holiday. The bad news about that is maybe it has caused some people to evaluate where we have been in the last year
Read More >
|
|
|
|
Forex Breakouts from Fadeouts - Part 1
Thursday, January 21, 2010 GMT
Breakout Trading is considered to be a very lucrative Forex Strategy because it provides excellent reward-to-risk ratios. However, dangers still lurk because even powerful movements such as breakouts can suddenly reverse transforming themselves back into fakeouts.
Read More >
|
|
|
|