Thursday 14 April 2011

Forex Trading Articles





1.The Proven Best Forex Indicators To Enhance Your Income -by Mike Herman
Many investors are turning to Forex investing and are using some of the proven best forex indicators as a major portion of their portfolio. Trading forex is unlike normal stocks, bonds, and mutual fund investing. The rewards can be great with less time and risk involved. [Read more...]

2.Forex Trading with the Candlesticks Method -by Paul Bryan
Candlestick charts are claimed to be the oldest type of charts used for price prediction. It all started around 1700s, when Munehisa Homma in Japan became a legendary rice trader for predicting rice prices using Candlestick Charts. [Read more...]

3.Currency Traders Secret Weapon - Support & Resistance -by Kenneth Aikens
When a level of support or resistance is penetrated, price tends to thrust forward sharply as the crowd notices the breakout and jumps in to buy or sell. When a level is penetrated but does not attract a crowd of buyers or sellers, it often falls back below the previous support or resistance... [Read more...]

4.Forex Market Hours - Best Time To Trade The Currency Market -by Jovan Vucetic
By far the best time to trade the currency market is when it is the most active and therefore has the biggest volume of trades. A fast currency market means more opportunity for price moves either up or down. A slow market generally means you are wasting your time — turn off your computer and go fishing! [Read more...]

5.Choose One Currency: Importance of Focus In Forex Trading -by Giselle Sanchez
Many beginner forex traders start out making a common mistake. They will begin trading one currency but within a month and sometimes much less, will have traded almost all the major currencies. If you take a peek at some of the forex chat forums on the Internet, you will see enthusiastic newbie traders making the same mistake. They will ask questions, discuss and trade the yen, the pound, the euro, the Swiss franc and go back and forth between them all. [Read more...]

6. Technical Indicators: Why Forex Traders Should Understand Their Limitations
-by Jovan Vucetic
Forex traders often look at indicators such as Bolinger Bands, Pivot Points, MACD, Moving Averages and the such to help them determine where to enter or exit trades. Using technical indicators is fine, however many traders overemphasize their importance or just plain misunderstand them.
[Read more...]

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