Indicator Series: Rolling Pivots Setup Video Clips. Duration : 4.03 Mins.
I am starting a series to show the default settings we use in the Room for our Intentional Indicators. Sign up at my Blog to stay in touch. dailytradesandramblings.blogspot.com
13. How to Trade the Flag/Pennant Patterns Like a Pro Part 1 Video Clips. Duration : 4.87 Mins.
www.informedtrades.com In this lesson we learn about what flag and pennant patterns are in technical analysis and how to identify them on charts in the stock market, futures market, and forex market for day traders and investors
Moving average, Stochastic and Bollinger Band automatic trading strategy, allotment 1 Tube. Duration : 10.00 Mins.
www.timetotrade.com An automated trading strategy is developed using a combination of moving average, stochastic and Bollinger bands. See part 2 for the continuation of the development and optimisation of the strategy.
A pure Forex scalper exits a position quickly if the market doesn't go his way. He will make a number of trades a day, between 10 to a couple hundreds, and he doesn't hold on to a losing position hoping or praying that it will turn around!
The main aim of the Forex scalper is to buy (or sell) a particular pair of currency at the bid (or ask) price and then quickly sell them a few pips higher (or lower) for a profit. When the Forex scalper uses this strategy, small profits can be easily compound into large gains if a strict exit strategy is used to prevent accumulating large losses.
FOREX
Most Forex scalper mostly makes use of 1 min, 5 mins or hourly charts to scalp for small profits in the Forex market. Most of the good Forex scalper will choose a brokerage house that provides a reliable platform with instant execution of orders, which is highly crucial to his profits.
I was fortunate enough to know and work with some of the best day traders that scalps for a living. They have shared with me some of the main ingredients, which they use to scalp the market.
In this post, I am going to summarize the scalping strategy which i have incubated, into 8 simple steps;
1st Step
Go to http://www.forexfactory.com to check important data release time
2nd Step
Record the previous day OHLC (Open, High, Low, Close)
for all the 4 major currency in your diary.
3rd Step
Identify candlestick studies(i will reveal more next time) on the daily charts
4th Step
Identify major trendlines, support and resistance on the daily charts
5th Step
Determine the market sentiments (Bullish or Bearish?) for the day.
6th Step
Go to hourly charts and determine the support and resistance
7th Step
Lookout for candlestick (We will talk more about it in our next article) formations on hourly basis.
* For reversal candlestick signal;
- Wait for better signal or staggered your lots
- Enter only near support or resistance level
8th Step
Adjust your risk to entry level when you are 10pips in the money.
I hope you have benefited from my summary above, on the steps to scalp the Forex market. In my next article, I will be focusing more on the Japanese Candlestick Studies.
Forex and Currency Live Day Trading Room and Indicators for Ninja Trader and Tradestation Tube. Duration : 10.78 Mins.
How would you like to day trade the S&P500 futures, Euro, British Pound and the Aussi with an over 5-1 reward to risk ratio everday? How would you like to only look for a few setups a day that some of the top hedge funds use? How would you like to know the exact bar to enter, the exact bar to scale for a free trade and the exact bar to trail until you hit our ultimate target? Welcome to www.daytradingthefutures.com and www.symmetryindicators.com. We take the quess work out of day trading. After 20 years of day trading we have now put together the ultimate day trading plan with a great risk to reward. Our average S&P500 trade is 4-6 points with a hard 1.5 stop. Our currency trades average between 40-60 ticks/pips depending if you trade the CME futures or Forex with a hard stop of less that 10 ticks per trade. We have only a few setups that we look for everyday and you will know exactly when to excute and how to manage your risk to reward.You do not need to pay for trading software. You will log in to our two daily screens and trade our setups as they come up. We have members with over 30 years in the markets with us in our live day trading room as well as beginners. I have taught beginning traders that are now trading like pros. We welcome all. We are so convinced that we will change the way that you trade the markets that we are discounting the first month's membership 50% for a limited time only. It will only take you a month to see that our risk to reward gives our ...
I have recently read a thread in a forex forum written by a new trader asking other experienced traders whether a daily profit target of 50 to 60 pips is okay or not.
Guess what?
FOREX
Most of the replies by experienced trader ask him to scrape the idea of having a daily profit target and I am one of them. You may be wondering why did I suggest the new trader to forget about the idea of having a daily profit target.
You need to understand that trading is unlike a real job whereby you will get a fix salary at the end of every month. In trading forex, there are days where you will not see any profit at all either because there is no setup that allows you to enter a trade or you may be having some losses on certain days. However due to your consistency in executing your trading plan and the winning percentage that the plan can present to you, you will be able to have an income at the end of the month.
Imagine you having a daily target of making 50 pips but you have just lost a trade. What would you do?
You will definitely enter another trade immediately without any analysis as you want to make back the losses and eventually make the 50 pips target. This is known as emotional trading and this is exactly the key reason why most traders fail in this trade.
To end this article, I just to let you know that there is no way you can achieve your daily profit target in forex but you will definitely be able to make an income that can allow you to live comfortably if you stick to your trading plan and always trade with good risk reward ratio.
Making a living from forex trading is not a myth and it is definitely achievable.
Have you just started forex trading? Perhaps you have been trading but haven't made any money yet? I'm going to show you the proven way to make your first 0 in forex.
If all traders were to follow this simple outline, then they would be making money. In fact, the failure rate for new traders would be inverted. Instead of 97% failing, you would have 97% succeeding.
FOREX
So, what are the steps that lead to forex success (and your first 0 profit)?
1. Start by just demo trading. This is just the first beginner step. It's not nearly as important as they make it out to be. By "they" I'm referring to the forex gurus. Yes, you need to get a feel for the system you will be using, but the next step is far more important.
2. Open a 1 cent per pip account. There are several brokers that will allow you to trade forex with a "nano-sized" account. This is even smaller than the micro account. This account will allow you to lose huge amounts of pips, and not be financially impacted. For example, if you lost 800 pips, you would only be down .
This is important because here is where you learn to trade without caring if you won or lost. Yet at the same time, you are trading with real money. You need to spend at least several months in this step.
3. Move up to a micro or mini account. At this point, making your first 0 in forex will almost be like an afterthought. It's really that easy, if you've put in the hard work and time on step 2. Step 2 is the crucial step.
Oddly enough, making the 0 won't seem important like it did in the beginning. You'll achieve that, and then go on to even bigger amounts.
Forex Trading - The Secret to Making Your First 0 in Forex
Trade Management 4 of 5 Mechanical Discretionary Euro Pound E-Mini Gold Crude Oil Futures Video Clips. Duration : 9.48 Mins.
In todays video (4 of 5) we discuss the differences between a mechanical and discretionary trade management style. Before we go into detailslets recall where we left off Video #1: 3 Phases of the MOVE •Noise, Follow-Thru, Exhaustion Video #2: The Emotions behind Trade Management •More Targets, Fewer Stops = long term profits Video #3:Basics of our Management Method •Quick targets, eliminate risk, position to capitalize on the big moves of the day Dont miss the FINAL video in this seriescoming soonAdjusting Trade Management for different types of traders. Dont forget, if you missed the first 3 videos, you can find them here: www.youtube.com www.youtube.com www.youtube.com
Keywords: Futures trading system, learn to trade futures, e-mini futures, dax futures, euro futures, dow futures, Russell 2000 futures, dax, schooloftrade, james wave, eurex, market profile, scalping, indicator, technical indicator, day trading system, day trading education, futures trading, YM, ES, Bonds, Gold, Crude Oil, Nasdaq, FOREX, TAPE READING, READING THE TAPE, Sideways Markets, FTSE 100, CAC40 Futures, VWAP, VROC, Ninja Trader, Real time trade alerts, swing trading system, School, Of, Trade
How to Develop a trading Strategy Video Clips. Duration : 3.10 Mins.
www.atticmantrader.com. In this video I discuss how I developed my trading strategy. I discuss using the Squeeze Indicator, a technical indicator based on Bollinger Bands and Keltner Channels
Mostafa Belkhayate Forex Trading - Mbfx Best Forex System Tube. Duration : 8.30 Mins.
Read more:tinyurl.com Belkhayate Forex System!As you can see lot of people from all over the world search for this name and his Forex System, He is Voted Best Trader of 1999, Best Forex Technical Analyzer Award Winner for 2009 and 2010. he is veteran trader with 27 years experience in the forex markets Do not be satisfied with the amount you are making currently on the currency trade, because you can make a bigger sum once you get the best FOREX trading software, which is MBFX Forex System. Click the link above to see our results Life of The Best Forex Trader Of The World - a Trader Living mostafa belkhayate tinyurl.com
Forex Dashboard Metatraderlibrary.com Video Clips. Duration : 6.58 Mins.
www.metatraderlibrary.com Forex Dashboard is a Professional visual trading tool and indicator signal device for the Metatrader currency trading platform. Features similar to an expert advisor. FX dashboard can be downloaded at www.metatraderlibrary.com
Options Trading Course: Trading stocks and options application the RSI Relative Strength Index Video Clips. Duration : 5.27 Mins.
Options Trading - Introduction to the relative strength index RSI Learn how to trade stock options CLICK HERE for your free options coruse DVD with BONUS strategy www.globaltradingedge.com PLUS a 17 page report. Attend our next options trading course LIVE or to learn how to trade stock options online visit http
Keywords: options trading course, global trading edge, options, trading, RSI, Relative Strength, technical analysis, oscillators, indicators, stock market, stock trading, stock options, day trading, swing trading, forex, short term trading, Global, Edge
(1 of 2) 146 Ticks Live Today! Correction00 on 4 Lots this Week! Video Clips. Duration : 9.58 Mins.
RATE this video! Our Blog has the best videos: 700bucksaday.blogspot.com Track Record www.scribd.com FREE TRIAL: www.schooloftrade.com SUBSCRIBE TO THIS CHANNEL RATE & COMMENT ON THIS VIDEO! JOIN US TOMORROW IN OUR LIVE TRADE ROOM, OPENS @ 745AM (EST), HERES HOW: www.youtube.com
Keywords: Learn Tape Reading, Learn to Day Trade, Day Trading Futures, Market Profile Strategies, E-Mini Day Trading, Crude Oil Futures, Gold Futures, Technical Indicators, Range Charts, Range Bars, Ninja Trader Software, How to be a scalper, day trading system, learn to read the tape, trading sideways markets, pace of tape indicator, auto levels indicator, disciplined trading, trend lines, schooloftrade.com, schooloftrade.com review, School, Of, Trade
Scalp the accessible way - Keep it simple and abridged the pips Video Clips. Duration : 5.73 Mins.
Forex Keep it Simple........ Another Great Trade as explained.... www.forexclassmate.com Trading can be easy if you Keep it Simple Join me daily to see just how simple it can be 7 day Free Trial.
The Parabolic/SAR indicator was developed by J. Welles Wilder in 1976. It is often used to select trailing price stops and is commonly referred to as SAR (Stop And Reversal).
This indicator aims to signal the reversing of a trend, thus providing traders with a good tool for choosing trade exit points. The unique feature about the parabolic indicator is that it takes into account both the factors of time and changing prices. Most traders unfortunately focus mainly on prices and ignore the effects of the passage of time.
FOREX
What Does The Parabolic/SAR indicator look like?
Unlike most other indicators, the parabolic indicator is not a line on the trading chart. It is actually a series of dots that are located either above or below the chart candlesticks or bars. When prices are moving up, the parabolic dots are located below the candlesticks. When prices are moving down, they are located above the candlesticks.
How Effective Is The Parabolic/SAR Indicator?
Although this indicator is pretty effective in identifying trend reversals, it works poorly in ranging (i.e. non-trending) markets. In ranging markets, you will find that this indicator will often give false reversal signals, and may cause you to prematurely enter or exit into trades.
The parabolic indicator is actually a very useful indicator to adopt in the Forex market, mainly because the Forex market often trends strongly. When market prices soar (or crashes) without a retracement or pullback, it's quite hard for traders to choose a good stop-loss level when using other indicators. With the parabolic however, you can easily place your stops near to the parabolic "dots".
Non-directional trading is fascinating. You know, the idea to be able to make money no matter witch way the market goes. That sounds wonderful! You'd make money no matter what.
Options trading has its version of this. It's called delta-neutral trading. Funny thing. It never seems to work just right.
FOREX
It's the same in forex. There is a catch. (Dang, you just knew there had to be one!) The problem with non-directional trading in forex is it doesn't have a clearly defined edge in the market. You could end up in a hedged loop forever (you are always negative pips in a hedged loop).
That's the theory. Nonetheless, many people do it and do it successfully. Let me give you the bare bones method here. You decide for yourself.
You enter the market (let's say you buy). If the market moves 15 pips your way, you exit. That's your profit.
On the other hand let's say you bought, but the market fell 15 pips. Now you don't exit, you put in a hedge order. If the market keeps falling, you close out the hedge order at a profit and work the negative buy order up to break even and exit it too.
Now the problem happens when the price doesn't allow us to neatly close out the hedged order. We may have to rehedge. Now we've paid the spread 3 times, plus we're negative 30 pips.
That's how non-directional trading works. Sure (in theory) you don't care which way the market goes, but that doesn't mean there's no risk.
For the last 12 months, Forex traders by the thousands have begun switching from "normal" Candlestick and Bar charts over to Renko Charts. This begs the question "Why do Forex Traders prefer Renko Charts over Candlesticks and all the other normal charting methods?"
The answer is simple: Renko Charts remove all the noise and confusion that are a common part of Candlestick and Bar charting, and allow Forex traders to easily spot the beginning and end of literally every short and long-term trend that develops on a Forex chart.
FOREX
One of the undisputed truisms about Forex trading is that the Forex pairs trend better than any other investment vehicle around. A key to successfully trading any Forex pair is to get into a trade when a new trend develops and ride it out until the trend collapses.
The problem faced by Forex traders is that Candlestick and Bar charts do a poor job of identifying trends 80% of the time. A choppy market can result in a half-dozen or more 15 minute Candlesticks with small bodies and large wicks on each end, with no trend visible.
For instance, if you were to look at a 15 minute Candlestick chart of the EUR/USD for the time period of 9:00 a.m. to 12 noon Eastern Time on July 12, 2011, you would notice that price remained in about a 40 pip range, with no distinct trend apparent. If you were trading off of the 15 minute charts, in all likelihood you would not have placed a single trade due to the lack of any strong signals being present.
Renko charts would give you an entirely different view of this same time frame. Because Renko candles only close once price has moved "X" number of pips in one direction (and you can set "X" to any pip size you desire) instead of seeing a period of erratic price movement you can now see several trade opportunities within the high and low prices that make up that price range.
Looking at the same time period from above using 5 Pip Boxes on the Renko Charts, you would have seen 8 trades develop, each one moving into profit from 5 to 25 pips before stalling out and turning around. Renko traders easily made more than 60 pips profit during the same time frame that Candlestick and Bar Chart traders deemed untradable.
No longer are Forex traders forced to sit for hours waiting for a single trade signal. With Renko Charts, traders can now find as many as 5 or 6 trade opportunities in a single hour, where Candlestick and Bar chart traders see none. For those Forex traders who have a limited amount of time to trade each day due to jobs and other outside time constraints, Renko Charting is the answer to their prayers.
How to barter Fibonacci Ratios profitably and accomplish money Video Clips. Duration : 5.90 Mins.
Fibonacci ratios, extensions, and retracements are respected world wide by retail and institutional traders for their predictive ability and accuracy. The fact that millions of traders are using them, following them, and reacting to them makes them even more powerful. Watch this powerful tutorial and then take our 3 day trial offer
Forex trading means trading currencies of different countries against each other. It is generally done through a broker. As a forex trader you can make the choice of currencies that you want to trade in. Profits are booked based on the appreciation of your currency against the one that you have traded.
Forex trading online is very easy and uncomplicated. Placing orders takes a few seconds and can be done with a few clicks on your computer. Trading in a currency market gives you some unique advantages compared to any other market. Since the forex market is a world-wide market, trading goes on for at all times since there is a market in operation somewhere in the world at any given point in time.
FOREX
Forex trading is high on liquidity. Large amounts of money can be moved into and out of any foreign currencies without affecting the price movement in a huge way. The cost of a transaction is built into the price which brings down the overall cost of transaction to bare minimum levels as compared to stock exchange markets, where you have to pay a significant value of your profits as brokerage.
Forex markets allow liberal levels of leverage to the traders. This allows them to trade more money on the market than what is available to them physically. In some instances with a capital of just 00 you can control a trade of about $ 50,000. Also, in forex trading you can make profit from rising as well as falling prices as there are no restrictions for directional trading.
There are some common mistakes that need to be avoided to be successful in forex trading business. The biggest mistake that most traders do is using too much of leverage when they have a small capital. Slight movements against their position can result in huge losses and recovery can be difficult. Some new traders indulge in over trading in their enthusiasm to trade in anything that is available. This can result in too many trades and loss of margins.
Picking the right top and bottom that a currency will touch is something that can be predicted with a lot of experience. New traders often fall into the trap of making erroneous guesses and can end up making losses.
Forex trading is a market with immense potential for those who are patient and can read the markets well. You need to wait and watch the currency movements before moving in to make a profit.
I've been asked the question does anyone actually, really make money in forex? The answer to that question is yes, but that's not really the question is being asked. The question is really being asked is, "Can I make money at forex?" I wish there was a simple answer to this question, but there really isn't. It really depends on the person and have dedicated they are. It also has something to do with intelligence. For example when something's not working, what needs to be done to fix it, or what needs to be tried next.
Nothing will work right always the first time, and that's where the valuable skill troubleshooting comes in. In other words, the trading method that you're testing is losing money. Why? What needs to be changed or modified? You won't be any good at answering these questions right away. There will be some fumbling around as you learn the market and how it responds to various actions. But there's hope for you yet provided you begin to pick up what you need to do better and right.
FOREX
So when I talk about intelligence, I don't mean that you need to be a genius. More than anything, you need to be a troubleshooter. So can you make money in Forex? I don't know, but you do. If you've got the patience to figure out why things aren't working when they don't (in other words, when you're losing money), then you stand a good chance at being ultimately successful in trading forex.
Forex Trading - Does Anyone Really Make Money in Forex?
Forex AutoMoney and Forex AutoPilot are two programs which serve Forex traders of all levels (especially the beginner and intermediate ones). Yet the 2 are very different from each other. In fact, apart from the fact that both can help you to make your Forex endeavor vastly more profitable, there isn't much similarity to be found between them.
So, the question is: which one is better for you, Forex Auto Money or ForexAutoPilot? Let's see what each of these services is...
FOREX
Forex AutoMoney
ForexAutoMoney is a Forex trading signal provider. What this means is that the members of the Forex AutoMoney club receive Entry and Exit points into and out of the Forex market. You simply login to the member area of ForexAutoMoney, get your signals for whichever forex pair you wish to trade in (currently, this service deals in 18 currency pairs), and make the recommended trade at the recommended time. The basic principles are that you make the trade yourself (which means that this is a service which works with any trading platform) but you base it solely on the recommendation of the Forex autoMoney experts. This saves you a lot of time monitoring the markets and looking for signals yourself.
Forex AutoPilot
ForexAutoPilot is an entirely different story. This is an automatic trading program. It actually makes the trades for you automatically. You don't even need to be in front of the computer. However, this program only works with MetaTrader 4 Broker platforms. It also removes you almost completely from the trading cycle which some people dislike since they like to have more control over their trades. One more thing you need to know is that with Forex AutoPilot you may spend a long time between trades as the software makes a trade only when it analyzes the market to be right. With Forex Automoney you get at least 6 signals each day.
Each of these 2 tool has highly positive reviews and can be used to increase your Forex profits.
Finding the perfect Forex tool or system to work with is very important. To use the metaphor of going to battle, your Forex system is your shield and armor when facing the army of other traders who are all after the biggest piece of the same pie. Two Forex products which have a great degree of popularity are Forex Auto Pilot and Forex Avenger, yet they are inherently different.
If you were to choose between these 2 tools, which would be the right one for you? Obviously, you could use both, and as they are both affordable, this may not be such a bad idea, but if you were to choose just one of them, you need to know the basic differences between the 2 to be able to make an informed decision.
FOREX
Forex Auto Pilot
This software is one of the most popular automatic trading programs in the Forex market today with thousands of users worldwide. It operates in a full automatic manner, meaning that it actually places the trades for you after scouring the markets for entry opportunities. This makes it an extremely comfortable and effortless way to trade the markets, though it does have a learning curve to set up and operate fully. Such an automatic program can actually work for you without you being in the room at all.
Forex Avenger
Forex Avenger is a manual trading system. This means that it is you who does the actual market analysis and placing of trades, according to the system specifications. However, Forex Avenger is a system which is easy to operate and doesn't take too long to do so. It shouldn't take more than 20 minutes each day to set up for the following day's trading (After you learned the system, of course). This product gives you more control over your trades than working with an automatic tool like Forex AutoPilot does and so may appeal to you more.
Naturally, run each tool that you get through a testing period to make sure you're operating it correctly before beginning to trade heavily with it.
Is the Megadroid forex robot the key to instant forex trading success?
If you are like me and still fairly new to forex trading, you may well have looked into using a trading robot to help you get started. I myself spent months trying to find the key to manually trading for profit, before I eventually tried automated trading.
FOREX
It wasn't just that I couldn't find success trading manually, it was finding the time when I had a full time job and a family eating up most of the day. I would sit hunched over my computer late in the evening, exhausted and in need of some rest, and start staring at forex charts.
I knew I was never going to be able to ditch my job and trade forex full time at this rate, and I realised my catch 22 situation:
I couldn't quit my job till I was making money trading forex, but I couldn't find time to learn forex without quitting my job first!
It's hard enough to make profitable trades when you only have a limited amount of time to spend watching the markets, it's even harder when you are tired. So, I decided it was time to try the Megadroid forex robot.
Early results were promising, as it made a few profitable trades over the next few days. It wasn't enough for me to be able to quit my job, but I saw a glimmer of hope. Over the next few months I tried raising the risk/profitability settings, and the robot reacted by taking more trades for higher profit.
What the Megadroid forex robot did was allow me to spend the spare time I had to learn more about trading manually, and I now use a combination of both manual and automated trading in my new full time profession!
The Megadroid Forex Robot - Don't Give Up Your Day Job Just Yet!
The cash flow and the volume of trading done every day throughout the world, is proof of the magnanimous proportions that the online Forex trading market has developed into. Almost every country has started services and authorized trading in the world. This is a reason enough for the millions of people being attracted towards the Forex trading platforms.
Platforms have been a contributory force for the popularity of the portals as they allow the interested investors in knowing about the realtime changes in the currencies. They are also easy to be operated. Through any computer with internet connection or through mobile phones even, platforms can be accessed, anywhere and anytime. This has increased the popularity of trading platforms for Forex market and more and more people are registering themselves in the Forex trading platforms. To lure the customers, more and more trading platforms are giving sops and other facilities, so that the investors will be benefited due to the platform.
FOREX
1) Automated Forex trading has been one of the very recent formats of trading, which has made the work easier for most of the investors. This system helps in putting the strike at put and call price automatically without the continuous presence of the investors. Trading systems which are being automated are being preferred by people and are becoming the demanded platforms.
2) When selecting the trading platforms, people should take care to read through the various clauses and conditions. To assess the claims, people should know about the terminologies to some extent and this information they can elicit from the internet, where many resources are found, which talk about the Forex trading.
3) Sometimes, many platforms extend the benefit of trading software, for the purpose of maximizing the profits. This software is meant to identify the points at which the Forex market would behave in a positive way, so that people can make an investment there. Any platform that claims to provide an exactly accurate prediction is probably going overboard in terms of predictions. They shouldn't be believed in the entirety, because online Forex trading is a mix of profits and losses and not only profits all the way.
Many people have made a mistake of miscalculating the intentions of the Forex trading systems or software. These are actually meant to give out values which are ranges between which the currency ratios will fluctuate. With detailed analysis and calculations of past trends, people will see that the trading platforms are places which will help in the process of trading by providing robots, software, automated systems, and realtime access. But it is the investor himself, who is going to make the final decision. Lounging on the bed and not paying attention to the market is not going to earn profits.
Online Forex Trading Maximized With Right Trading Strategies On The Authentic Forex Trading Systems
Many Forex traders like to use technical analysis to help them make trading decisions. In this article on technical charts, I'll discuss the uses and implications of the triangle candlestick pattern.
What Is A 'Triangle'?
FOREX
Triangle patterns are relative easy to identify on the trading charts. It is formed by price action that is bound within two converging trend lines. The resistance line should be sloping downwards while the support line should be sloping upwards. The market price should be 'bouncing' between these two trend lines, alternatively hitting the top and bottom of the 'triangle'. A minimum of four 'bounces' should be observed before this triangle formation can be considered a reliable pattern to trade with.
Triangles are most effective when observed during active trading hours with high liquidity.
What Is The Significance Of A Triangle?
The triangle candlestick formation indicates intense competition between the buyers and sellers. It shows that they are aggressively fighting each other, with the winning side to be declared once the other side loses its buying/selling pressure.
It may help to liken this concept to the compression of a metal spring. Imagine yourself compressing a metal spring: as the spring comes under increasing pressure, it becomes harder and harder to press it together. Once you let go of one side of the spring, it will jump out in the direction of the release.
This is similar to how the triangle formation pattern works in the Forex market. As prices fluctuate (or 'bounce') less and less wildly, it shows the increase of pressure buildup in the market. When either buyers or sellers give way, prices are likely to shoot strongly in favour of the other (i.e. stronger) side.
How To Trade With Triangles?
Most traders will wait until there is a breach of either the upper or lower trend line before entering into a trade. Because no one will know in advance which side (i.e. buyers or sellers) is stronger, many people prefer to let the price action show them.
The moment prices close above the resistance line, they buy. If prices close below the support line, they sell.
The investor in the currency market takes for granted that a pair of currencies can be bought or sold at a moment's notice. Once an order is placed with a broker, the trade is executed within seconds. It is, of course, not as easy as that.
Whenever a pair of currencies is bought or sold, there must be someone at the other end of the transaction. It is very unlikely that the investor will always find someone who is interested in buying and selling the same two currencies at the same amount, and at the same time. Hence, the question remains, "How is it possible that the forex investor can buy or sell at any time?" This is where the forex market makers come in.
FOREX
The forex market maker is a bank or brokerage company that stands ready, every second of the trading day with a firm bid and ask price. This is good for the investor because when the investor chooses to buy and sell a pair of currencies, the market maker will purchase from and sell to the investor, even if they do not have a buyer and seller lined up. In doing so, they are literally "making a market" for the currencies.
Forex market makers ensure that the market is always functional and that the currencies in it will always fetch the market rate. Forex market makers do so by updating their prices at intervals of at least 30 seconds and undertaking to trade if this is requested. Forex market makers must fulfill their obligations irrespective of whether the economic situation is favorable or unfavorable, or whether they lose or profit by doing so.
Typical forex market makers include Gain Capital, CMS Forex, Forex Capital Markets (FXCM), and Global Forex Trading, all of which are regulated by the Commodity Futures Trading Commission (CFTC) of the USA. Another prominent forex market maker is Saxo Bank, which is regulated by the Financial Services Authority (FSA) of Denmark.
Until recently, central banks, commercial banks and investment banks dominated the forex market. Due to the entry of forex market makers, other market players like international money brokers, large multinational companies, registered dealers, global money managers, and private speculators have entered the market in large numbers.
The Weather Report: Ichimoku Cloud Trading Video Clips. Duration : 6.15 Mins.
View full webinar: www.fxstreet.com Many traders have had challenges trading the JPY pairs. However the Japanese traders have had large amounts of success in trading their native currency. This is not just due to familiarity, but the approach and indicators they use to measure key levels for these pairs - the Ichimoku Cloud. An extract of the webinar hosted by Chris Capre, Founder at Second Skies LLC
I have been involved in the forex market many years and I am here to give you some of the best forex trader tips. Trading forex takes a lot of confidence and risk. But thanks to technology and some of the best forex traders, systems have been developed to guide people through the forex market without knowing much about the field. These are known as forex robots. I am a huge fan of these robots because they make over half of my entire income.
You must remember to always choose peak hours when trading. Peak hours are the times when high volumes enter the system and how positive or negative the market can affect the currency. The reason forex robots are so powerful is because they know exactly when to trade (Example: During Peak Hours) and will only move money if there is a big chance of profit.
FOREX
Remember that you are never guaranteed to make a profit while trading forex. You always have a chance of loosing money, but with the proper software, the chances are small because the best forex traders in the world control what trades they make.
To be able to get the good results you want, you should practice discipline and good routine when it comes to trading. You should not rely on a robot for everything. You should study how the system trades, and build on the techniques it uses. This will make you so much more knowledgeable in the forex market and teach you how to trade forex without a robot. Otherwise, you will only get stressed and unfocused until you lose all the things you endeavored for.
Franklin Forex Indicator Set | NinjaTrader Tube. Duration : 20.38 Mins.
The NinjaTrader Franklin Forex Indicator Set is a comprehensive set of Ninja Trader indicators specifically designed from the ground up to trade foreign currency pairs. For more information, please visit: www.forexninjaindicators.com
Forex street is that in the foreign exchange market, forex trading where it is made. You do not need a genius to operate successfully on the international market. Just learn the basics in order to obtain profits in currency trading and foreign trade are great profits if you are successful. Trade is always something to be used by forex traders for wall street to earn money. The exchange of forex trading foreign currencies is, and is also known as a trading spot or futures trading. Theforex trading is difficult to understand but it is easy when you know the basics.
To succeed in the forex street you have to know the basic trading techniques, the main mechanism involved in forex trading is purchasing and selling of foreign currencies at large profits. If a trader is having two countries currencies, the trader have a brief idea about the rises and falls of currency value to get profit. Trader will purchase the currency and sell it back when its value rises. This is a perfect way to get large amount of profit.
FOREX
But the forex street fluctuation can not be determined perfectly by an ordinary person. Even small fluctuations in the market can affect the profits. To acquire knowledge on forex trading you must have to learn forex. You can get training on forex in online or by using the materials and information provided by many websites. Only then you can get knowledge on the economical factors which influence the foreign exchange market.
This trading has similar chances of getting profits and losing money. When you are able to guess the patterns of variations of currency values you can get good profits. So, don't lose your money with lack of knowledge, get the knowledge and earn profits in trading successfully. Hoping you can achieve good profits.
Let's dive right in with a quick definition of what a Forex chart indicator is. An indicator is a derivative of price, time, and/or volume. One of the most basic examples of an indicator is the simple moving average. A moving average can be abbreviated as MA. One MA that is commonly used is the 200 day MA. The calculation of this indicator is very simple. We would take the closing prices of the last 200 days of the currency pair we are interested in and divide it by 200 to come up with the average.
Indicators are plotted on a Forex chart along with the prices. An "indicator" gets its name because it is designed to "indicate" or point out a particular area of Forex market interest. In our moving average example when prices move above the moving average that "indicates" an up trend. When prices move below the moving average that "indicates" a downtrend. Indicators can be thought of as visual aids that allow us to more easily see trends, counter trends, and consolidation (sideways market movement).
FOREX
Forex traders are able to vary the parameters of various chart indicators in order to better visualize potential trades. Moving averages can range from 1 to infinity and any point in between. The moving average and other indicators can also be used on virtually any chart time frame such as one minute, five minute, fifteen minute, one hour, four hour, etc. The length of a moving average determines its sensitivity to Forex currency pair movements. A five day average, for instance, will trade much more frequently than a 100 day moving average.
Different types of indicators are plotted differently on a Forex chart. Moving averages are plotted on the same scale as the currency pair's prices themselves. Others such as the stochastic oscillator are plotted on their own scale. The stochastic must be plotted on its own scale because its values range from a low of zero to a high of 100. The stochastic is called an oscillator because its range "oscillates" between one and 100. The stochastic indicator is typically interpreted as follows:
If the stochastic is above 80 the market is thought to be "overbought". Some traders may look at this as a time to either think about getting out of their long positions or to think about entering a short position.
If the stochastic is below 20 the market is thought to be "oversold". Traders may interpret this as either a time to think about getting out of their short positions or getting into a long position.
These are just a few simplified examples of Forex chart indicators. Contrary to what many would have you believe trading with indicators can be extremely profitable when done properly.
www.FapTrader.com - Forex Swing Trading with Elliott Wave When evaluating the forex market for swing trade opportunities the focus is placed on predicting directional changes or continuations for a given currency pair. For this we rely on technical analysis. In technical analysis, just as in fundamental analysis, there are lagging indicators and leading indicators. One of the most reliable tools used to predict forex market swings is Elliott Wave analysis. Elliott Wave analysis can be used to identify trends and countertrends, trend continuation or exhaustion and to evaluate the potential price targets of a trend. You can apply Elliott Wave analysis to both long and short position swing trade set ups for your currency pairs. Elliott Wave theory is named after Ralph Nelson Elliott, who concluded that the markets moved in a repetitive pattern of waves. He attributed this action to the mass psychology of the market. Elliott concluded that the markets movement was a direct result of the mass psychology of the time and that the stock market is a fractal. A fractal is an object that is similar in shape, but at different scales. A great example of a fractal in nature is a stalk of broccoli. The stalk and the individual branches look exactly the same; just the branches are smaller in scale. Fractals just happen to form in accordance with Fibonacci ratios. Is this a coincidence? Elliott attributes this mass psychological move to the human trait of herding. Even though Elliotts ...
When prompted for the industry of forex trading because of the complexity, but does not want a piece of the pie they are interested, then you need help with the possibility of using forex robot, type in the right way. Forex robots have some time ago but only now is to formulate the rise, with huge improvements in technology and the use of complex algorithms to provide a solution to your problems Forex.
The main point is the ease of a forex robotand easy to use interface. They remove the complexity by showing you only the absolute necessary things that are required to deal while using the forex industry. A forex robotic also help you understand aspects of the market and comes with a detailed manual that is aimed to teach you the intricate details of trading.
FOREX
Additionally, you can buy higher end versions as time progresses so that you can have access to more advanced features once you are ready for it. Always keep in mind that while forex robots are an easy way of doing your trades, you should not be overly dependent on them and learnt to develop your own skill with time. Despite the numerous advantages offered by forex robots, they are not without the shortcomings and one should learn to not trust them more than they ought to. Keep your investment in check manually once in a while and only use the forex robotic if you are unsure about something and need a second opinion. Do not succumb to the temptation of trading completely using forex robots as many people have a lost a lot of money doing so.
We have a strategy of day trading using advanced technical analysis indicators tailored to thinkorswim provided www.thinkswimindicators.com This is the last trading day of the developed system. IST - The redefinition of technical analysis
Tags: thinkorswim, thinkorswim review, day trading strategies, day trading, thinkorswim indicators, thinkscript
Market Cycles & Using Time as Well as Price on your Trading Charts Video Clips. Duration : 10.08 Mins.
To view this webinar in it's entirety, please visit bit.ly Know Exactly Where to Enter and Exit with Pin-Point Accuracy Profitable trading is within your grasp, if you know what to focus on! Join Barry Burns, founder of Top Dog Trading, as he outlines a method to find the clear, unambiguous timing signals to help you know when to get in and out of trades. Many retail traders enter a trade, quickly get stopped out, and then the market resumes in the original direction of their trade. They failed to TIME the market correctly. A chart has 2 axes, price and time, but very few traders learn how to TIME the market with precision... neglecting 1/2 of the information on their chart. As stated by the famous trader WD Gann, "Time is more important than price!" The way to uncover the secret of timing the markets is by unveiling the hidden power of market cycles. It's amazing that while all traders desperately want to know exactly where and WHEN to enter and exit a trade, most traders do not even have a market cycle indicator on their chart! This live webinar will outline the power of cycles and introduce how you can begin to apply them in your own trading. This simple, straightforward and extremely low-risk strategy can be used for investing, swing trading and day trading forex, futures, stocks and options. In addition, all attendees will also receive 5 free videos expanding on the methods presented in the webinar. As a businessman who developed his own methodology through a varied ...
Tags: trading charts, time, price, market cycles, barry burns, top dog trading, timing signals, entering trades, market cycle indicator, swing trading, day trading, forex, futures, stocks, options
Statistics like "the market only trends 30% to 33% of the time" are thrown around. Whether that's true or not, I don't know. But suppose that the markets trended half of the time. That would still mean the 50% of the time the markets were range-bound.
I further suspect that the numbers above are correct because of the number of small traders in the forex market. Small traders have a way of disrupting trends. (That's why the large institutional traders don't like them!).
FOREX
One way or another, however, we know that the market is trendless a significant amount of time. If you continue to try to trade a trend system during these times, you'll either get no trades (if you're lucky), or you'll get a lot of choppy losing trades.
A better way to go about this is to use a counter-trend trading system. A counter-trend system looks to do the "impossible". It looks for the high and low in a market. It figures that if it finds a high or low, the market will reverse from there (because it's trendless) and you'll have a good trade.
So what is a good counter trend trading system? I'd recommend starting with Bollinger bands. The basic principle is to trade tags off of the upper and lower bands.
However, if the market is in a trend, you'll get eaten alive. So it's necessary that the bands be totally flat or almost flat.
Yet, still I'd add an oscillator like Stochastic oscillator to help confirm tops and bottoms. One of the beauties of a counter trend system is the ability to use very tight stops. You'd place a stop just outside of the band that had just been tagged. Shoot for a profit target that's just under the middle line of the bands.
Many people are interested into doing trading with the foreign exchange market. They realize that there is a good potential in earning good profits from this business. However, many just do not know the main idea in doing trades. Some think that they can only gain big profits if their investment is big also. This is totally wrong. Anybody can have good amount of profits from trading as long as they use a good strategy and analysis.
Most traders today are learning the benefits that the automated forex trading robots can give. These are programmed systems that specifically designed to help traders be eased with the task of monitoring all day in front of the computer. Once a trader uses this system for his or her trading business, the robot will do the trading for them. It is designed to do all trading tasks such as monitoring, updating, computing, analyzing and recording. With these robots, traders can still have the time for other things or businesses.
FOREX
One robot that can do this effectively is the Forex Megadroid. It is said that a trader can avoid having too much losses with this robot because it trades like how humans do but with more accuracy and efficiency. So, how does one profit well with this automated forex robot? They just simply have to understand how the Megadroid system works. By knowing your robot well, you can program its setting according to your preferences. It can follow your trading style right from your command. Therefore, whatever settings you put into its program that is how it will perform. So, be sure that you know everything about the Megadroid to make sure that you have th full potentials in winning.
Anyway, the Forex Megadroid has a trial version that you can use. From this, you will get an idea on how to operate the robot. It also comes with a 60 day money back guarantee. So, in case it does not satisfy your requirements you can always send it back for a refund.
The London Forex Rush System, Trade Only 2 Hours a Day is Required Tube. Duration : 8.40 Mins.
Get Your Copy Now: londonforexrush.bestchoise.net "Probably the best instra-day Forex system. Only two hours per day is enough to make huge money!" Every morning, right as the London market opens, my custom indicator signals for me all the possible trading opportunities in the market The direction of the trade (buy or sell) The entry level The stop loss & target levels The amount of lots to enter the trade with under rock-solid moneymanagement principles The current market trend Get Your Copy Now: londonforexrush.bestchoise.net No more fear and greed in your trading because the indicator will call the entries and exits for you! That means you just need to follow the indicator signals and shrug off the trading stress. The indicator also has a rock-solid money management formula built in which will keep you from risking too much of your account into any given trade. No more blowing your account! Why guesstimate the market direction if this custom indicator tells you accurately whether you want to be searching for long or short trading opportunities? Guessing the next move is over¡ Get Your Copy Now londonforexrush.bestchoise.net
Tags: forex signals, trading signals, forex signal provider, forex trading signals, advanced forex signal systems, forex trading system, forex entry signal, advanced trading signal system, advanced signal system, automated signal system, automated forex trading system, day trading signals, good trading system, london forex rush system, intraday forex trading, daytrading forex, intraday forex
Russ Horn has definitely made history. And 'often known experts or developers of Forex trading systems that produce a very popular. Often it is not just a regular guy with a genuine talent who has quietly in your system, which eventually won the hearts and minds of traders has worked all over the world.
But that's what Russ Horn Rebellion with his forex trading system, which is always very positive testimonials and is ready and will always be a household name in the ForexTrade circles.
FOREX
What is Forex rebellion and it works?
There is no doubt that for many Forex traders rebellion. The system was independent of beta-testers who tested included a part of their business and openly reported their conclusions. This is not a back-testing process that Russ Horn on your system. These beta testers to put their reputation at stake. They have their names behind the good performance of the rebellion Forex spot.
Each of theBeta-tester for a positive return on investment, a striking example of this. All Forex recommended rebellion.
The key is that the Forex is a completely mechanical system rebellion. This means that we give some guidelines for the development of trade so that you are always in the high probability alone, and you also get complete and specific exit strategies to ensure you can exit your trade at the right time to make a profit guarantee to obtain.
The system works with any currency pairany time frame and is extremely flexible and easy to learn and use. I believe it is a system which is great for traders who are just getting into the market and for those who don't have a lot of free time to give for trading.
Overall, this is a worthwhile system which I believe will help you trade better, more efficiently, and can produce an impressive profit stream.
6:58 AM
Forex Bond
Posted in: 
