Sunday, February 5, 2012

How To Find Forex Support And Resistance

January 27, 2010 by  
Filed under Forex Tutorial

This is one of the most commonly asked questions among traders’ especially new traders who have just joined the field of forex trading. When I first pick up forex trading, I am having problem with finding support and resistance. I have read books about candlestick patterns and they simply tell me that support and resistance [...]

My Forex Candlestick Tutorial

January 22, 2010 by  
Filed under Forex Candlestick

If you are trading using the forex candlesticks chart, you definitely need to know how to read forex candlesticks as well as identifying important candlestick patterns. Therefore I am writing this post to do a quick tutorial on forex candlestick so that you know what you are seeing on the chart. Here are some important [...]

My Forex Risk Management Tips

January 15, 2010 by  
Filed under Forex Tips

Having proper risk management can totally change your trading account. First of all, let me ask you a question. “Do you think that being able to trade with a winning ratio of 5 out of every 10 trades is able to make you money that can allow you to quit your day job and becomes [...]

My Forex Breakout Strategy Revealed

January 11, 2010 by  
Filed under Forex Tutorial

Forex breakout is one of the more commonly used trading strategies that are used by currency trader. The main reason it is so widely used is because of the clarity and simplicity of execution. It is so simple that even new traders without much experience can trade profitably with it if they put in some [...]

Forex Bollinger Bands Explained

January 7, 2010 by  
Filed under Forex Indicator

The Forex Bollinger Bands is an indicator that is developed by John Bollinger and What Bollinger band can do for you is to help you to measure the volatility of the market. It can tell you the current situation of the market by using its upper and lower band. Whenever the market has low volatility, [...]

How To Trade MACD Divergence

January 2, 2010 by  
Filed under Forex Indicator

Personally, I love the MACD indicator because of its reliability and its ability to work well with other indicators to form a trading strategy. In my previous posts, I have gone through how you can make use of forex MACD indicator in your trading and how you can trade MACD crossover for profit. In this [...]