tag:blogger.com,1999:blog-91364680667693195572011-12-27T10:01:22.951+01:00Secret of price action revealDavid olushinanoreply@blogger.comBlogger401100tag:blogger.com,1999:blog-9136468066769319557.post-82371747029701378602011-12-27T10:01:00.000+01:002011-12-27T10:01:22.955+01:00

The downgrade of America's AA rating, the deepening debt crisis in Europe and a global deterioration on the economic and financial front, has led major economic and financial experts to look again in their outlook on dollar to euro anticipated rates in 2012. Most of them strongly believe that the governing monetary policy in the Euro Zone which tightened in April will continue in the light till

David olushinanoreply@blogger.com0tag:blogger.com,1999:blog-9136468066769319557.post-82963131731030713362011-12-08T20:32:00.000+01:002011-12-08T20:32:53.474+01:00

Euro Could Recover Against US Dollar EURUSD – Sharp Euro/US Dollar volatility has made for indecisive forex trading crowd sentiment. Yet we believe that the Euro may have set a significant sentiment extreme and could continue trading higher through the last weeks of 2011. Our Speculative Sentiment Index (SSI) data shows that the majority of retail traders are now long the Euro against the US

David olushinanoreply@blogger.com0tag:blogger.com,1999:blog-9136468066769319557.post-61941924442076802912011-12-05T05:20:00.000+01:002011-12-05T05:20:06.753+01:00

FOREX MARKETS AUD Bullish above 1.0330; bearish below 1.0150. The Aussie breached the key 0.9860 level on Monday and duly rallied, reaching a peak of 1.0330 on Wednesday before trading sideways for the rest of the week. The outlook this week is likely to be initially determined by a break of the congestion range that formed between Wednesday and Friday from 1.0330 down to 1.0150. A close

David olushinanoreply@blogger.com0tag:blogger.com,1999:blog-9136468066769319557.post-24682906271775560872011-12-04T10:02:00.000+01:002011-12-04T10:02:13.767+01:00

        NEW YORK (Dow Jones)--The weight of Europe's debt problems hampered the euro Friday, which shed more than a cent intraday as investors became cautious ahead of a critical European Union summit next week.         With speculation mounting that the International Monetary Fund may need to commit its resources to contain the euro zone's crisis, the euro rose on early reports that the

David olushinanoreply@blogger.com0tag:blogger.com,1999:blog-9136468066769319557.post-4088126215198533642011-12-01T02:38:00.000+01:002011-12-01T02:38:26.350+01:00

Euro gains on action from central banks, 30th November 2011Trading Setups / Chart in Focus: EURUSD The EURUSD pushed dramatically higher today as major central banks around the world collaborated to help ease the mounting pressure of the euro-zone debt crisis. This worked to ignite fresh risk appetite and as a result global markets soared. The EURUSD gained about 130 pips over yesterday’s

David olushinanoreply@blogger.com0tag:blogger.com,1999:blog-9136468066769319557.post-66778743696095417542011-11-27T05:45:00.002+01:002011-11-27T05:50:48.674+01:00

The AUDUSD is moving towards 0.9400 support. it  lost modest ground on Friday over Thursday close. We still see weakness as the dominant theme in this market and will watch any rotation into resistance for price action sell signals to re-join the downtrend. We can see support sits near 0.9400 and resistance comes in between the 8 / 21 daily EMA layer. AUDUSD So set Sell stop @ 0.96630, take

David olushinanoreply@blogger.com0tag:blogger.com,1999:blog-9136468066769319557.post-75357783994367623752011-11-10T19:56:00.000+01:002011-11-10T19:56:58.422+01:00

Still holding short EUR/GBP at the start of the week, while the short-term short AUD/USD is now in the money. In regards to the EUR/GBP, the first pass resulted in the trade being stopped out at a loss given the dip before the EU summit and the rally thereafter; the trade was initialized on a false break. However, on a second pass, considering the range held up (as the break above the Range Top

David olushinanoreply@blogger.com0tag:blogger.com,1999:blog-9136468066769319557.post-10834955780890543802011-06-19T10:20:00.001+01:002011-06-19T10:20:15.632+01:00

For most of us, 'safe investments' are limited to the rate of return that we can earn on our savings accounts or long-term deposits. The return would depend on the interest rate applicable in each country. At the time of writing, November 2007, the interest rate earned on a savings account in Australia is around 7% a year. That is a return of 0.57% a month. Despite this fact, many have

David olushinanoreply@blogger.com0tag:blogger.com,1999:blog-9136468066769319557.post-62394660887577309232011-06-19T10:18:00.001+01:002011-06-19T10:18:18.991+01:00

Two very important concepts of forex money management are leverage and margin. Leverage allows forex traders to invest much more into currency trading than is available in their trading accounts. Thus, forex traders can operate larger funds. Margin is the real funds that are required to be held in the trading account as a collateral to cover any possible losses. Forex Money Management: Leverage

David olushinanoreply@blogger.com0tag:blogger.com,1999:blog-9136468066769319557.post-68016449110996071902011-06-19T10:16:00.001+01:002011-06-19T10:16:30.499+01:00

This aspect is one of the most important aspects you will ever read about trading. Why is it important? In reality, we are in the business of making money, and to be able to do so we need to learn how to manage it well in order to prevent continuous loss. Ironically, this is one of the most overlooked areas in trading. Many traders are just anxious to get right into trading with no regards to

David olushinanoreply@blogger.com0tag:blogger.com,1999:blog-9136468066769319557.post-203044084706694592011-06-19T10:14:00.001+01:002011-06-19T10:14:15.406+01:00

Many factors affect Forex trading. It is critical to know and understand the various factors that cause the Forex to fluctuate from day to day. The foreign exchange market will change depending on the economic factors that play a role in the movement of currency. Economic factors and indicators are released by the government or by private organizations that can look in depth at economic

David olushinanoreply@blogger.com0tag:blogger.com,1999:blog-9136468066769319557.post-82171961581815031672011-06-19T10:12:00.001+01:002011-06-19T10:12:32.884+01:00

The Forex market has a huge advantage over the other investment markets - it's open 24 hours a day, six days a week. Whereas the commodities and stock market operates five days a week (Monday through Friday) during normal business hours, the Forex market continues its activity around the clock. If you want to trade at 2:00 am EST Monday morning, feel free to place your trade. If you would like to

David olushinanoreply@blogger.com0tag:blogger.com,1999:blog-9136468066769319557.post-28495331841416889952011-06-19T10:10:00.001+01:002011-06-19T10:10:43.580+01:00

This article will explain some of the differences between Technical Analysis and Fundamentals and explain a bit about each type of trading. Excerpts are taken from the best-selling book 'Market Wizards' where Jack Schwager interviews Ed Seykota and Bruce Kovner. Ed is a trend trader (uses technical analysis) and also relies on hunches from 20 years of experience. He definitely emphasizes his

David olushinanoreply@blogger.com0tag:blogger.com,1999:blog-9136468066769319557.post-27084019040386221562011-06-19T10:09:00.001+01:002011-06-19T10:09:26.944+01:00

What is Forex or Foreign Exchange: It is the largest financial market in the world, with a volume of more than $1.5 trillion daily, dealing in currencies. Unlike other financial markets, the Forex market has no physical location, no central exchange. It operates through an electronic network of banks, corporations and individuals trading one currency for another. What about Forecasting:

David olushinanoreply@blogger.com0tag:blogger.com,1999:blog-9136468066769319557.post-49233427807909816952011-06-19T10:02:00.001+01:002011-06-19T10:02:47.044+01:00

The best advice I can give to you is to conduct yourself like a boss interviewing a potential employee. This employee will be making major decision on your financial future (or lack there of) and therefore it is of most importance that you ask the right questions. This decision cannot be taken lightly as must be well thought out. I would interview (more like grill) at least 5 potential Brokers

David olushinanoreply@blogger.com0tag:blogger.com,1999:blog-9136468066769319557.post-73652533379965001632011-06-19T09:59:00.001+01:002011-06-19T09:59:36.782+01:00

Dishonest and illegitimate brokers who defraud their customers are a disgrace to the online Forex brokerage business. Many traders are rightfully scornful of those who lack the basic decency to allow them to withdraw their funds, even after losses. And sometimes traders can't help but feel that if they could just locate that best Forex broker hidden somewhere in the far reaches of the

David olushinanoreply@blogger.com0tag:blogger.com,1999:blog-9136468066769319557.post-17453351171421472872011-06-19T09:57:00.001+01:002011-06-19T09:57:15.390+01:00

Online, Day trading has exploded across America. Some investors have been very successful and boast of huge gains made in incredibly short periods of time. However, there are many others who experience devastating losses because they have not tapped into the 6 critical factors necessary for successful Futures and FOREX Trading. Http://Free-Cash-Site.com Success in any profession can be broken

David olushinanoreply@blogger.com0tag:blogger.com,1999:blog-9136468066769319557.post-32116451253122604662011-06-19T09:56:00.000+01:002011-06-19T09:56:16.525+01:00

It`s not always easy to know what to look for in a forex broker, especially in any market, much less a market as complex as currency. But, if you want to trade in the market you need a good firm to work with. While it might be tempting to simply ask the brokers what they can do for you, you can`t always depend on them to give you a straight answer. So instead, I`ve put together a few things to

David olushinanoreply@blogger.com0tag:blogger.com,1999:blog-9136468066769319557.post-32351137120744646552010-06-27T06:52:00.003+01:002010-06-27T07:16:47.129+01:00

Dear Reader,I'd like to tell you that before youchoose a trading system, you need to answer a very important questionto avoid buying junk.. and that is what kind of trader are you orwould you like to be?1. Would you like to swing trade - Which means trading on large timeframes with trades lasting from few hrs to few days?2. Forex Day trading - This is about trading on smaller time framelike 15

David olushinanoreply@blogger.com0tag:blogger.com,1999:blog-9136468066769319557.post-22385994742249967182010-06-19T13:49:00.000+01:002010-06-19T13:51:49.000+01:00

Learn To Day Trade Forex: Learning To Trade Forex Online - Suggestions on Forex TradingIf you're asking the question of how do I Learn To Day Trade Forex then you might be one of the many individuals who get astonished at the way several individuals were able to earn large sum of cash, from the tiny quantity that they put up for investment, within the foreign currency exchange marketplace.

David olushinanoreply@blogger.com0tag:blogger.com,1999:blog-9136468066769319557.post-35602396892540243362010-06-19T13:23:00.001+01:002010-06-19T13:47:25.663+01:00

Forex Day Trading Signals: Profitable Forex Daily Buy/Sell Signals} - Choose the Best SupplierA Forex Day Trading Signals provider is mostly software that produces forex trading signals that warn you of probable trends; signifying most beneficial time to purchase or sell currencies to optimize gains or stop and decrease losses. These signals are based on years of information and market tendencies

David olushinanoreply@blogger.com1tag:blogger.com,1999:blog-9136468066769319557.post-30776528783183685302010-06-10T18:12:00.001+01:002010-06-10T18:18:39.736+01:00

Forex exchange Currency Trading Strategy - Get a Strategy Without Breaking the BankOne of the worst things you can do is pay over the odds for information that, quite frankly, you can get for free else where. No matter what your told, you can, due to the power of the internet, get a Free Currency Trading Strategy online.Why spend if you can use the money on capitalFirst thing about Forex or any

David olushinanoreply@blogger.com0tag:blogger.com,1999:blog-9136468066769319557.post-3947939104684829972009-12-17T21:44:00.001+01:002009-12-17T21:46:52.478+01:00

Most people give very little attention to money & risk management aspects when it comes to stock trading. And to those who do, it is only treated as an after-thought. In most cases, huge emphasis is given to analysis and techniques of assessing trading opportunities.The following is a summary of 6 steps money & risk management strategies that have served me well over the years. They had saved

David olushinanoreply@blogger.com0tag:blogger.com,1999:blog-9136468066769319557.post-66576547411821480372009-12-17T21:02:00.005+01:002009-12-17T21:37:24.060+01:00

The Forex markets move. In a market with significant and consistent movement, using a breakout strategy is very appropriate. As with any strategy, there is a right way to understand and use a strategy and a wrong way. In this piece, I will discuss the two most popular breakout entry methods – the Support and Resistance Breakout and Trend Line Breakout. Support and Resistance Breakout Once in a

David olushinanoreply@blogger.com0tag:blogger.com,1999:blog-9136468066769319557.post-66631062877899189152009-12-10T08:35:00.000+01:002009-12-10T08:38:55.483+01:00

We often hear the term ‘day trading’ today but just what is day trading?In very simple terms a day trader buys and sells with a very short investment horizon which is typically measured in minutes with trading positions being opened and closed within the same trading day. Day trading is particularly suited to high volume, volatile markets such as the Forex but is certainly not limited to currency

David olushinanoreply@blogger.com0tag:blogger.com,1999:blog-9136468066769319557.post-21775433085817160092009-12-10T07:52:00.000+01:002009-12-10T07:55:54.627+01:00

Trade With Sufficient CaptialOne of the worst blunders that forex traders can make is attempting to trade without sufficient capital.The trader with limited capital not only will be a worried trader, always looking to minimize losses beyond the point of realistic trading, but he will also frequently be taken out of the trading game before he can realize any sense of success trading the method(s)

David olushinanoreply@blogger.com0tag:blogger.com,1999:blog-9136468066769319557.post-44043375062168458432009-12-10T07:50:00.000+01:002009-12-10T07:52:28.187+01:00

The majority of Forex Trading Systems that are used by beginner traders are focused towards short term trading strategies, which aim to take small risk and promise to pile up massive profits and regular income. So we will look at how to succeed.The major challenges that Forex day trader face are the following:There are millions and millions of individuals will all different views, skills,

David olushinanoreply@blogger.com0tag:blogger.com,1999:blog-9136468066769319557.post-60777192471525442342009-12-10T07:33:00.000+01:002009-12-10T07:47:35.317+01:00

The Forex trading strategy enclosed can be learned in a few weeks and can make you huge profits in around 30 minutes a day. It's easy to understand and have confidence in so let's take a look at it. The methodology we are going to look at here is long term trend following with breakouts. The one constant in Forex markets is they will trend for long periods of time in a sustained direction and as

David olushinanoreply@blogger.com0tag:blogger.com,1999:blog-9136468066769319557.post-51621594642676792082009-12-03T17:30:00.005+01:002009-12-03T18:09:43.505+01:00

Hi forex traders, Trading news is one of the dangerous adventure i dont advise forex novice to embark on.Before entry a trade, forex trader should look up for the news that are coming out for the day at one of these forex news site, preferable forex factory. if you in trade and there are very important news that want to come out, you should kindly exit your trade and continue whenever the

David olushinanoreply@blogger.com0tag:blogger.com,1999:blog-9136468066769319557.post-27537519456810732962009-11-26T20:40:00.002+01:002009-11-26T20:48:08.136+01:00

Those of you who have taken one of our DailyFX Courses know that the instructors always recommend trading in the direction of the trend on the daily chart. If the trend is up, then only look for buys and if the trend is down, then only look for sells. This includes those situations where you have identified a trading opportunity using a chart pattern. On the daily chart of the GBP/CHF below, I

David olushinanoreply@blogger.com0tag:blogger.com,1999:blog-9136468066769319557.post-13746957086394516312009-11-26T18:43:00.004+01:002009-11-26T19:54:14.881+01:00

Money Management Forex trading can be a very rewarding profession because you can start off with a relatively modest amount of capital and turn it into a considerable amount of money. However it should be pointed out that it's definitely not a get rich scheme. Of course it is possible to make a lot of money in a short space of time if you use a large amount of leverage and take out a large

David olushinanoreply@blogger.com0tag:blogger.com,1999:blog-9136468066769319557.post-44358136835449373692009-11-21T23:32:00.004+01:002009-11-26T09:02:43.936+01:00

How to make money in forex trader is a post that will broading your understanding on how to trade forex successfully.i will be written in a question form, just to enlightyou more about success behind forex trading.Questions: Not more than seven1. How often after losing 10, 20 or 30 percent of your account you look back at your trades and regret you were right from the very begining but still lost

David olushinanoreply@blogger.com0tag:blogger.com,1999:blog-9136468066769319557.post-88573500342206965642009-11-21T02:38:00.001+01:002009-11-21T02:40:47.629+01:00

What is Money Management: describes strategies or methods a player uses to avoid losing their bankroll.Money management in the foreign exchange currency market requires educating yourself in a variety of financial areas. First, a definition of the foreign exchange currency or forex market is called for. The forex market is simply the exchange of the currency of one country for the currency of

David olushinanoreply@blogger.com0tag:blogger.com,1999:blog-9136468066769319557.post-42695656740079145752009-02-05T17:24:00.000+01:002009-02-10T12:26:09.866+01:00

Before trading Forex you need to set up an account with a Forex broker. So what exactly is a broker? In simplest terms, a broker is an individual or a company that buys and sells orders according to the trader's decisions. Brokers earn money by charging a commission or a fee for their services.You may feel overwhelmed by the number of brokers who offer their services online. Deciding on a broker

David olushinanoreply@blogger.com0tag:blogger.com,1999:blog-9136468066769319557.post-43241864122160968792009-02-05T16:59:00.000+01:002009-02-10T20:15:09.078+01:00

Candlestick charts have been around for hundreds of years. They are often referred to as "Japanese candles" because the Japanese would use them to analyze the price of rice contracts. Similar to a bar chart, candlestick charts also display the open, close, daily high and daily low. The difference is the use of color to show if the stock went up or down over the day. The chart below is an example

David olushinanoreply@blogger.com0tag:blogger.com,1999:blog-9136468066769319557.post-63855446042917517442009-02-05T16:49:00.000+01:002009-02-10T12:35:41.246+01:00

Here is where we’re going to do a little math. You've probably heard of the terms "pips" and "lots" thrown around, and here we're going to explain what they are and show you how they are calculated. Take your time with this information, as it is required knowledge for all Forex traders. Don’t even think about trading until you are comfortable with pip values and calculating profit and loss. What

David olushinanoreply@blogger.com0tag:blogger.com,1999:blog-9136468066769319557.post-77268201229692855192009-02-05T16:44:00.000+01:002009-02-09T11:14:22.048+01:00

There are many benefits and advantages to trading Forex. Here are just a few reasons why so many people are choosing this market:No commissions.No clearing fees, no exchange fees, no government fees, no brokerage fees. Brokers are compensated for their services through something called the bid-ask spread.No middlemen. Spot currency trading eliminates the middlemen, and allows you to trade

David olushinanoreply@blogger.com0tag:blogger.com,1999:blog-9136468066769319557.post-88133144082101118782009-02-05T16:32:00.000+01:002009-02-09T11:05:36.543+01:00

Reading a FOREX quote may seem a bit confusing at first. However, it's really quite simple if you remember two things: 1) The first currency listed first is the base currency and 2) the value of the base currency is always 1.The US dollar is the centerpiece of the FOREX market and is normally considered the 'base' currency for quotes. In the "Majors", this includes USD/JPY, USD/CHF and USD/CAD.

David olushinanoreply@blogger.com0tag:blogger.com,1999:blog-9136468066769319557.post-62552489234716171182009-02-05T16:18:00.001+01:002009-02-05T16:25:47.729+01:00

The Foreign Exchange market, also referred to as the "FOREX" is the biggest and largest financial market in the world. It has a daily average turnover of US$1.9 trillion- just imagine that amount of money! Don't you want to join this trillion-dollar industry? FOREX is the simultaneous buying of one currency and selling of another. Currencies are traded in pairs, for example Euro/US Dollar (EUR/

David olushinanoreply@blogger.com0tag:blogger.com,1999:blog-9136468066769319557.post-87655140049488130542009-01-21T03:58:00.000+01:002009-01-21T04:02:26.795+01:00

The Gold Exchange and the Bretton Woods AgreementIn 1967, a Chicago bank refused a college professor by the name of Milton Friedman a loan in pound sterling because he had intended to use the funds to short the British currency. Friedman, who had perceived sterling to be priced too high against the dollar, wanted to sell the currency, then later buy it back to repay the bank after the currency

David olushinanoreply@blogger.com0